II

103D CONGRESS

1ST SESSION S. 1548

To amend the National Wool Act of 1954 to reduce the subsidies that

wool and mohair producers receive for the 1994 and 1995 marketing

years and to eliminate the wool and mohair programs for the 1996

and subsequent marketing years, and for other purposes.

IN THE SENATE OF THE UNITED STATES

OCTOBER 14 (legislative day, OCTOBER 13), 1993

Mr. LEAHY (for himself, Mr. LUGAR, and Mr. FEINGOLD) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry

OCTOBER 15 (legislative day, OCTOBER 13), 1993

Committee discharged

A BILL

To amend the National Wool Act of 1954 to reduce the

subsidies that wool and mohair producers receive for

the 1994 and 1995 marketing years and to eliminate

the wool and mohair programs for the 1996 and subsequent marketing years, and for other purposes.

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled,

3 SECTION 1. SUPPORT PRICE FOR WOOL AND MOHAIR.

4 Section 703 of the National Wool Act of 1954 (7

5 U.S.C. 1782) is amended—
2

•S 1548 CDS

1 (1) by striking subsection (a) and inserting the

2 following new subsection:

3 ‘‘(a) Subject to subsection (b)(3), the Secretary of

4 Agriculture shall, through the Commodity Credit Corpora5 tion, make loans and payments to producers of wool and

6 mohair through December 31, 1995.’’;

7 (2) in subsection (b)—

8 (A) in paragraph (2), by striking ‘‘1997’’

9 and inserting ‘‘1995’’; and

10 (B) by striking paragraph (3) and insert11 ing the following new paragraph:

12 ‘‘(3) No loans, purchases, or payments shall be made

13 for the 1996 and subsequent marketing years, except that

14 loans and payments for the 1995 marketing year shall be

15 paid in 1996.’’; and

16 (3) by adding at the end the following new

17 paragraph:

18 ‘‘(4)(A) Through December 31, 1995, the Secretary

19 shall offer to wool and mohair producers recourse loans

20 under terms and conditions that are prescribed by the Sec21 retary, except that the loans shall be administered at no

22 net cost to the Federal Government.

23 ‘‘(B) A producer who fails to repay a loan made

24 under subparagraph (A) by the end of the following mar25 keting year shall be ineligible for a loan under this Act
3

•S 1548 CDS

1 for that marketing year and subsequent marketing

2 years.’’.

3 SEC. 2. REDUCTION IN PAYMENTS.

4 Section 704(a) of the National Wool Act of 1954 (7

5 U.S.C. 1783(a)) is amended by inserting after the first

6 sentence the following new sentence: ‘‘In the case of each

7 of the 1994 and 1995 marketing years, the payments shall

8 be 75 and 50 percent, respectively, of the amount other9 wise determined under the preceding sentence.’’.

10 SEC. 3. ELIMINATION OF WOOL AND MOHAIR PROGRAMS.

11 (a) IN GENERAL.—Effective December 31, 1995, the

12 National Wool Act of 1954 (7 U.S.C. 1781 et seq.) is re13 pealed.

14 (b) APPLICATION.—The repeal made by subsection

15 (a) shall apply to both the wool and mohair programs.

16 (c) PROHIBITION.—Effective beginning December

17 31, 1995, the Secretary of Agriculture may not provide

18 loans or payments for wool or mohair by using the funds

19 of the Commodity Credit Corporation or under the author20 ity of any law.

21 SEC. 4. REMOVAL OF PRICE SUPPORT REFERENCES.

22 (a) Section 702 of the National Wool Act of 1954

23 (7 U.S.C. 1781) is repealed.

24 (b) Section 703 of such Act (7 U.S.C. 1782) is

25 amended—
4

•S 1548 CDS

1 (1) by striking the section heading and insert2 ing the following new section heading:

3 ‘‘SUPPORT PRICE FOR WOOL AND MOHAIR’’;

4 (2) in subsection (b)(1)(i), by striking ‘‘such

5 price support’’ and inserting ‘‘the support price’’;

6 and

7 (3) in subsection (d), by striking ‘‘price sup8 port’’ and inserting ‘‘support under this section’’.

9 (c) Section 704 of such Act (7 U.S.C. 1783) is

10 amended—

11 (1) by striking the section heading and insert12 ing the following new section heading:

13 ‘‘SEC. 704. PAYMENTS.’’;

14 and

15 (2) in subsection (a), by striking ‘‘If payments

16 are utilized as a means of price support, the’’ and

17 inserting ‘‘The’’.

18 (d) The first sentence of section 706 of such Act (7

19 U.S.C. 1785) is amended by striking ‘‘price support oper20 ations’’ and inserting ‘‘operations under this Act’’.

21 SEC. 5. LIABILITY OF PRODUCERS.

22 A provision of this Act may not affect the liability

23 of any person under any provision of law as in effect be24 fore the effective date of the provision.

Æ