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[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 1706 Introduced in Senate (IS)]

110th CONGRESS
  1st Session
                                S. 1706

    To amend the Farm Security and Rural Investment Act of 2002 to 
 authorize the Secretary of Agriculture to consider variations in the 
   national average market price for different classes of wheat when 
  determining the eligibility of wheat producers for counter-cyclical 
                    payments for the 2007 crop year.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             June 27, 2007

  Mrs. Murray (for herself and Ms. Cantwell) introduced the following 
      bill; which was read twice and referred to the Committee on 
                  Agriculture, Nutrition, and Forestry

_______________________________________________________________________

                                 A BILL

 
    To amend the Farm Security and Rural Investment Act of 2002 to 
 authorize the Secretary of Agriculture to consider variations in the 
   national average market price for different classes of wheat when 
  determining the eligibility of wheat producers for counter-cyclical 
                    payments for the 2007 crop year.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Wheat Counter-Cyclical Payments 
Enhancement Act''.

SEC. 2. USE OF FLEXIBLE EFFECTIVE PRICES FOR DIFFERENT CLASSES OF WHEAT 
              TO DETERMINE ELIGIBILITY OF WHEAT PRODUCERS FOR COUNTER-
              CYCLICAL PAYMENTS.

    Section 1104 of the Farm Security and Rural Investment Act of 2002 
(7 U.S.C. 7914) is amended--
            (1) in subsection (b), by inserting ``and subject to 
        subsection (g),'' after ``subsection (a),''; and
            (2) by adding at the end the following new subsection:
    ``(g) Special Effective Prices for Classes of Wheat.--
            ``(1) Separate effective prices authorized.--For purposes 
        of the 2007 crop year of wheat, the Secretary shall calculate a 
        separate effective price for all classes of wheat in 
        recognition of the wide variations in average market prices for 
        different classes of wheat.
            ``(2) Calculation.--In the case of wheat for purposes of 
        subsection (a), when the Secretary calculates a separate 
        effective price for a class of wheat, the effective price for 
        that class of wheat shall be equal to the sum of--
                    ``(A) the higher of--
                            ``(i) the national average market price 
                        received by producers during the 12-month 
                        marketing year for that class of wheat, as 
                        determined by the Secretary; or
                            ``(ii) the national average loan rate for 
                        that class of wheat during that period, as 
                        determined by the Secretary; and
                    ``(B) the payment rate in effect for wheat under 
                section 1103 for the purpose of making direct payments 
                with respect to wheat.''.
                                 <all>
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