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[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2787 Introduced in House (IH)]

104th CONGRESS
  1st Session
                                H. R. 2787

To repeal the price support programs and related acreage allotment and 
   marketing quota programs for agricultural commodities, to repeal 
      marketing orders issued to regulate the handling of certain 
  agricultural commodities, and to establish a special fund to assist 
 farmers whose annual net income from all sources is less than $30,000.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           December 15, 1995

  Mr. Frank of Massachusetts introduced the following bill; which was 
                referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL

 
To repeal the price support programs and related acreage allotment and 
   marketing quota programs for agricultural commodities, to repeal 
      marketing orders issued to regulate the handling of certain 
  agricultural commodities, and to establish a special fund to assist 
 farmers whose annual net income from all sources is less than $30,000.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF PRICE SUPPORT, ACREAGE ALLOTMENT, AND MARKETING 
              QUOTA AUTHORITIES OF DEPARTMENT OF AGRICULTURE.

    (a) Price Support Under Agricultural Act of 1949.--The Agricultural 
Act of 1949 (7 U.S.C. 1421 et seq.) is repealed.
    (b) Price Support Authority of Commodity Credit Corporation.--
Section 5 of the Commodity Credit Corporation Charter Act (15 U.S.C. 
714c) is amended by striking subsection (a).
    (c) Acreage Allotments and Marketing Quotas.--Title III of the 
Agricultural Adjustment Act of 1938 (7 U.S.C. 1301 et seq.) is 
repealed.
    (d) Prohibition on Future Provision of Price Support.--For any 
agricultural commodity for the 1996 and subsequent crop years, the 
Secretary of Agriculture may not make price support available, whether 
in the form of loans, payments, purchases, or other operations, by 
using the funds of the Commodity Credit Corporation.
    (e) Liability of Producers.--The amendments made by this section 
shall not affect the liability of any person under any provision of law 
as in effect before the effective date of this section.
    (f) Effect on Prior Crops.--The amendments made by this section 
shall not affect the authority of the Secretary of Agriculture to carry 
out a price support or production adjustment program for any of the 
1991 through 1995 crops of an agricultural commodity established under 
a provision of law in effect immediately before the date of the 
enactment of this Act.

SEC. 2. REPEAL OF AUTHORITY TO ISSUE MARKETING ORDERS AND EXISTING 
              MARKETING ORDERS.

    (a) Repeal.--Part 2 of title I of the Agricultural Adjustment Act 
(7 U.S.C. 608-624), reenacted with amendments by the Agricultural 
Marketing Agreement Act of 1937, is repealed.
    (b) Effect of Repeal.--Immediately upon the enactment of this Act, 
the Secretary of Agriculture shall terminate all marketing agreements 
and marketing authorities issued pursuant to the authority provided in 
the Agricultural Adjustment Act, reenacted with amendments by the 
Agricultural Marketing Agreement Act of 1937.

SEC. 3. FARMERS SUPPORT FUND.

    (a) Establishment.--There is hereby established on the books of the 
Treasury an account to be known as the ``Farmers Support Fund'', which 
shall consist of such amounts as are authorized for and appropriated to 
the fund.
    (b) Use of Fund.--In such amounts as are provided in advance in 
appropriation Acts, the Secretary of Agriculture shall use amounts in 
the Farmers Support Fund to provide financial assistance to persons who 
are actively engaged in the production of eligible agricultural 
commodities and whose annual net income from all sources is less than 
$30,000.
    (c) Person Defined.--The Secretary shall issue regulations defining 
the term ``person'' as used in this section, which shall conform, to 
the extent practicable, to the regulations defining the term ``person'' 
issued under section 1001 of the Food Security Act of 1985 (7 U.S.C. 
1308).
    (d) Eligible Agricultural Commodities.--In this section, the term 
``eligible agricultural commodities'' means those agricultural 
commodities for which price support was available under the 
Agricultural Act of 1949 (7 U.S.C. 1421 et seq.) for the crops years 
1991 through 1995.
    (e) Authorization of Appropriations.--There is authorized to be 
appropriated to the Farmers Support Fund $200,000,000.
                                 <all>
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