S.2866 - Commodity Assessment, Protection, and Reform Act108th Congress (2003-2004)
|Sponsor:||Sen. Inhofe, James M. [R-OK] (Introduced 09/29/2004)|
|Committees:||House - Agriculture|
|Latest Action:||Senate - 11/24/2004 Message on Senate action sent to the House. (All Actions)|
|Notes:||For further action, see H.R.4620, which became Public Law 108-470 on 12/21/2004.|
This bill has the status Passed Senate
Here are the steps for Status of Legislation:
- Passed Senate
Summary: S.2866 — 108th Congress (2003-2004)All Information (Except Text)
Passed Senate without amendment (11/21/2004)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Commodity Assessment, Protection, and Reform Act - Amends the Farm Security and Rural Investment Act of 2002 to authorize the Secretary of Agriculture to collect commodity assessments from the proceeds of a marketing assistance loan made in accordance with an agreement between the Secretary and a State.
Defines "assessment " as funds that are: (1) collected with respect to a specific commodity; (2) paid by the first purchaser of the commodity; and (3) not collected through a tax or other revenue collection activity of a State.