Amendment sought to delete provisions that authorize fixed annual cash payments to farmers that decline for each of the next seven years; phase out the current Federal commodity support programs for major crops over five years, while keeping the current price support system during the five-year transition period; and set a support price for each commodity in 1996, to be decreased by 4 percent each year and eliminated entirely for the 2001 year crop.

Ask AI
Amendment Number
931
Description
Amendment sought to delete provisions that authorize fixed annual cash payments to farmers that decline for each of the next seven years; phase out the current Federal commodity support programs for major crops over five years, while keeping the current price support system during the five-year transition period; and set a support price for each commodity in 1996, to be decreased by 4 percent each year and eliminated entirely for the 2001 year crop.
Purpose
An amendment to phase out over five years the existing price supports for wheat, feed, grains, rice, cotton and oilseeds. The bill would replace the current system of price supports with a schedule of fixed payments that would gradually be reduced over seven years.
Congress
104
Type
HAMDT
Latest Action Date
Feb 28, 1996
Latest Action Text
On agreeing to the Frank (MA) amendment (A002) as modified Failed by voice vote.
Latest Action Time
16:25:27
Submitted Date
Feb 28, 1996
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 931 — Informed