S 459

112th CONGRESS
1st Session

S. 459

To amend the Food, Conservation, and Energy Act of 2008 to preserve certain rates for the milk income loss contract program.

IN THE SENATE OF THE UNITED STATES

March 2, 2011

Mrs. GILLIBRAND introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry


A BILL

To amend the Food, Conservation, and Energy Act of 2008 to preserve certain rates for the milk income loss contract program.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the `MILC Preservation Act of 2011'.

SEC. 2. MILK INCOME LOSS CONTRACT PROGRAM.

    (a) Payment Rate- Section 1506(c)(3) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8773(c)(3)) is amended--

      (1) in subparagraph (A), by inserting `and' at the end; and

      (2) in subparagraph (B), by striking `ending August 31, 2012' and all that follows through the end of subparagraph (C) and inserting `thereafter, 45 percent.'

    (b) Payment Rate Adjustment for Feed Prices- Section 1506(d) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8773(d)) is amended--

      (1) in paragraph (1), by striking the paragraph heading and all that follows through `August 31, 2012,' and inserting the following:

      `(1) IN GENERAL- For any month beginning on or after January 1, 2008,';

      (2) by striking paragraph (2); and

      (3) by redesignating paragraph (3) as paragraph (2).

    (c) Budgetary Effects- The budgetary effects of this Act, for the purpose of complying with the Statutory Pay-As-You-Go Act of 2010, shall be determined by reference to the latest statement titled `Budgetary Effects of PAYGO Legislation' for this Act, submitted for printing in the Congressional Record by the Chairman of the Senate Budget Committee, provided that such statement has been submitted prior to the vote on passage.

END