Agriculture and Consumer Protection Act of 1973
The Agriculture and Consumer Protection Act of 1973 (P.L. 93-86, also known as the 1973 U.S. Farm Bill) was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corporation (CCC) of surplus stocks. (Target prices were eliminated by the 1996 farm bill (P.L. 104-127), but restored by the 2002 farm bill (P.L. 101-171, Sec. 1104).) It reduced payment limitations to $20,000 (from $55,000 set in 1970) for all program crops. The Act might be considered the first omnibus farm bill because it went beyond simply authorizing farm commodity programs. It authorized disaster payments and disaster reserve inventories; created the Rural Environmental Conservation Program; amended the Food Stamp Act o
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Agriculture and Consumer Protection Act of 1973
The Agriculture and Consumer Protection Act of 1973 (P.L. 93-86, also known as the 1973 U.S. Farm Bill) was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corporation (CCC) of surplus stocks. (Target prices were eliminated by the 1996 farm bill (P.L. 104-127), but restored by the 2002 farm bill (P.L. 101-171, Sec. 1104).) It reduced payment limitations to $20,000 (from $55,000 set in 1970) for all program crops. The Act might be considered the first omnibus farm bill because it went beyond simply authorizing farm commodity programs. It authorized disaster payments and disaster reserve inventories; created the Rural Environmental Conservation Program; amended the Food Stamp Act o
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The Agriculture and Consumer P ...... ent Act of 1972 (P.L. 92-419).
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Wikipage page ID
23,589,411
Wikipage revision ID
734,949,940
agreedbody
House of Representatives
agreeddate
1973-07-31
1973-08-03
agreedvote
article
Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition
author
cite public law
effective date
1973-08-10
enacted by
Fullname
An original bill to extend and ...... nd fiber at reasonable prices.
introducedby
Herman Talmadge
introduceddate
1973-05-23
introducedin
leghisturl
name
Agriculture and Consumer Protection Act of 1973
Nickname
Agriculture and Consumer Protection Act
passedbody
passeddate
1973-06-08
1973-07-19
public law url
signeddate
1973-08-10
signedpresident
url
http://ncseonline.org/nle/crsreports/05jun/97-905.pdf
hypernym
type
comment
The Agriculture and Consumer P ...... ; amended the Food Stamp Act o
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label
Agriculture and Consumer Protection Act of 1973
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