[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5101 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 5101
To increase the reference prices for certain commodities, and for other
purposes.
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IN THE HOUSE OF REPRESENTATIVES
August 1, 2023
Mr. Davis of North Carolina introduced the following bill; which was
referred to the Committee on Agriculture
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A BILL
To increase the reference prices for certain commodities, and for other
purposes.
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 ``Agricultural Commodities Price
Enhancement Act of 2023''.
SEC. 2. REFERENCE PRICE INCREASES FOR WHEAT, CORN, SOYBEANS, PEANUTS,
AND SEED COTTON.
Section 1111(19) is amended of the Agricultural Act of 2014 (7
U.S.C. 9011(19)) is amended--
(1) in subparagraph (A), by striking ``$5.50 per bushel''
and inserting ``$6.05 per bushel'';
(2) in subparagraph (B), by striking ``$3.70 per bushel''
and inserting ``$4.63 per bushel'';
(3) in subparagraph (H), by striking ``$8.40 per bushel''
and inserting ``$9.66 per bushel'';
(4) in subparagraph (J), by striking ``$535.00 per ton''
and inserting ``$588.50 per ton''; and
(5) in subparagraph (O), by striking ``$0.367 per pound''
and inserting ``$0.45 per pound''.
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