Summary: H.R.12747 — 94th Congress (1975-1976)All Information (Except Text)

There is one summary for H.R.12747. Bill summaries are authored by CRS.

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Introduced in House (03/23/1976)

Establishes a National Commission on Food Production, Processing, Marketing, and Pricing, to be composed of nine members. Directs the Commission to study and appraise the economic and industrial structure of all segments of the food industry, including: (1) economic forecasts; (2) desirable structural changes in the various segments of the food industry; and (3) the effect of food imports and exports on producers, processors, and consumers in the United States.

Requires the Commission to make such interim reports as it deems advisable, and to make a final report of its findings, recommendations, and conclusions to the President and to the Congress by July 1, 1978.

Sets forth the powers of the Commission.

Requires that, within six months following the filing of the final report, the Federal Trade Commission, the Department of Justice, and the Department of Agriculture shall each publish separate reports on the policy planning, budget allotments, investigations, complaints, indictments, litigation, and other actions of each agency with respect to the enforcement of the antitrust laws on the various sectors of the food industry.

Directs the FTC and the Department of Justice to submit to the Congress and to publish in the Federal Register annual indices of the structure and the state of competition in the food industry.

Authorizes appropriations to the Commission of up to $3,750,000 to carry out the purposes of this Act.

Authorizes appropriations of up to $1,000,000 to the Federal Trade Commission to carry out the purposes of this Act.