S.1535 - Peanut Program Improvement Act of 1997105th Congress (1997-1998)
|Sponsor:||Sen. Santorum, Rick [R-PA] (Introduced 11/13/1997)|
|Committees:||Senate - Agriculture, Nutrition, and Forestry|
|Latest Action:||Senate - 11/13/1997 Read twice and referred to the Committee on Agriculture. (All Actions)|
This bill has the status Introduced
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Summary: S.1535 — 105th Congress (1997-1998)All Information (Except Text)
Introduced in Senate (11/13/1997)
TABLE OF CONTENTS:
Title I: Marketing Quotas for Peanuts
Title II: Market Transition Programs for Peanuts
Title III: Implementation
Peanut Program Improvement Act of 1997 - Title I: Marketing Quotas for Peanuts - Amends the Agricultural Adjustment Act of 1938 to extend peanut marketing quotas through crop year 2001. Eliminates: (1) minimum poundage quotas; and (2) the special Texas allocation. Authorizes additional (nonquota) peanuts to be sold for seed or Government use.
Terminates peanut marketing quotas beginning with crop year 2002.
Title II: Market Transition Programs for Peanuts - Amends the Agricultural Act of 1949 to extend quota peanut (on a sliding scale) and additional peanut price supports through nonrecourse loans through crop year 2001.
Makes nonrecourse loans available to all peanut producers beginning with crop year 2002.
Title III: Implementation - Sets forth regulation and application provisions.