Home > 106th Congressional Bills > H.R. 564 (ih) To repeal the Federal estate and gift taxes. [Introduced in House] ...
H.R. 564 (ih) To repeal the Federal estate and gift taxes. [Introduced in House] ...
106th CONGRESS
2d Session
H. R. 5649
To require the Secretary of Agriculture to make emergency market loss
payments to dairy producers for any month in which the national average
price for Class III milk under Federal milk marketing orders is less
than a target price of $11.50 per hundredweight.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
December 8, 2000
Mr. Obey (for himself, Mr. Kind, and Ms. Baldwin) introduced the
following bill; which was referred to the Committee on Agriculture
_______________________________________________________________________
A BILL
To require the Secretary of Agriculture to make emergency market loss
payments to dairy producers for any month in which the national average
price for Class III milk under Federal milk marketing orders is less
than a target price of $11.50 per hundredweight.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. EMERGENCY MARKET LOSS PAYMENTS TO DAIRY PRODUCERS IN
RESPONSE TO LOW CLASS III MILK PRICES.
(a) Definitions.--In this section:
(1) Federal milk marketing order.--The term ``Federal milk
marketing order'' means a milk marketing order issued under
section 8c of the Agricultural Adjustment Act (7 U.S.C. 608c),
reenacted with amendments by the Agricultural Marketing
Agreement Act of 1937.
(2) Class III milk.--The term ``Class III milk'' means milk
classified as Class III milk under a Federal milk marketing
order.
(3) Secretary.--The term ``Secretary'' means the Secretary
of Agriculture, acting through the Farm Service Agency.
(b) Payments Required.--Using the funds, facilities, and
authorities of the Commodity Credit Corporation, the Secretary shall
make an emergency market loss payment under this section to dairy
producers on a farm in the 48 contiguous States whenever the national
average price for Class III milk under Federal milk marketing orders
for a month is less than a target price of $11.50 per hundredweight for
milk containing 3.5 percent butterfat.
(c) Payment Amounts.--
(1) Basis for payment.--The amount of the payment made
under subsection (b) to dairy producers on a farm covered by a
Federal milk marketing order region for a month shall be based
on the Class III milk utilization rates within the order. In
the case of payments to dairy producers on a farm outside of
the Federal milk marketing order system, the Secretary shall
determine the utilization rate for milk used for cheese
production for the State in which the farm is located. Payments
shall make up the difference between the average Class III
price for the month and the target price specified in
subsection (b).
(2) Payment limitation.--Notwithstanding paragraph (1),
producers on a farm may not receive payments under this section
for more than 216,666 pounds of milk produced on that farm
during a month.
(d) Time for Payments.--Payments required under this section for a
month shall be made not later than the 21st day after the end of the
month.
(e) Farm Reconstitution.--The Secretary shall carry out this
section in such a manner that there are no additional outlays under
this section as a result of the reconstitution of a farm that the
Secretary determines occurred in whole or in part for the purpose of
increasing the amounts received as payments under this section.
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