Calendar No. 752
108th CONGRESS
2d Session
S. 2866
To amend the Farm Security and Rural Investment Act of 2002 to clarify
the authority of the Secretary of Agriculture and the Commodity Credit Corporation
to enter into memorandums of understanding with a State regarding the collection
of approved State commodity assessments on behalf of the State from the proceeds
of marketing assistance loans.
IN THE SENATE OF THE UNITED STATES
September 29, 2004
Mr. INHOFE (for himself, Mr. HAGEL, Mr. ROBERTS, Mr. BURNS, Mr. CORNYN, Ms.
CANTWELL, Mrs. BOXER, Mr. NELSON of Nebraska, Mr. CRAIG, and Mr. DASCHLE)
introduced the following bill; which was read the first time
September 30, 2004
Read the second time and placed on the calendar
A BILL
To amend the Farm Security and Rural Investment Act of 2002 to clarify
the authority of the Secretary of Agriculture and the Commodity Credit Corporation
to enter into memorandums of understanding with a State regarding the collection
of approved State commodity assessments on behalf of the State from the proceeds
of marketing assistance loans.
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 `Commodity Assessment, Protection, and Reform
Act'.
SEC. 2. COLLECTION OF COMMODITY ASSESSMENTS.
Subtitle B of title I of the Farm Security and Rural Investment Act of 2002
(7 U.S.C. 7931 et seq.) is amended by adding at the end the following:
`SEC. 1210. COLLECTION OF COMMODITY ASSESSMENTS.
`(a) DEFINITION OF ASSESSMENT- In this section, the term `assessment' means
funds that are--
`(1) collected with respect to a specific commodity in accordance with this
Act;
`(2) paid by the first purchaser of the commodity in accordance with a State
law or this title; and
`(3) not collected through a tax or other revenue collection activity of
a State.
`(b) AUTHORITY TO COLLECT COMMODITY ASSESSMENTS FROM MARKETING ASSISTANCE
LOANS- The Secretary may collect commodity assessments from the proceeds of
a marketing assistance loan made under this subtitle in accordance with an
agreement between the Secretary and the State.'.
Calendar No. 752
108th CONGRESS
2d Session
S. 2866
A BILL
To amend the Farm Security and Rural Investment Act of 2002 to clarify the
authority of the Secretary of Agriculture and the Commodity Credit Corporation
to enter into memorandums of understanding with a State regarding the collection
of approved State commodity assessments on behalf of the State from the proceeds
of marketing assistance loans.
September 30, 2004
Read the second time and placed on the calendar
END
