See Conte amendment (A030) for description.

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Amendment Number
672
Description
See Conte amendment (A030) for description.
Purpose
An amendment to establish the following payment limits for each individual who receives federal farm program payments: A $50,000 limit on deficiency (and land diversion) payments--retaining provisions of current law that permit a producer to collect deficiency payments as a participant in three different entities, with a limit of $100,000 on total payments; a $100,000 limit on marketing loan gains, Findley payments, loan deficiency payments, and inventory reduction payments; and, a $200,000 aggregate limit on all payments, which could not be exceeded through participation in more than one farming entity.
Congress
101
Type
HAMDT
Latest Action Date
Aug 1, 1990
Latest Action Text
On agreeing to the Huckaby amendment (A031) Agreed to by recorded vote: 375 - 45 (Roll no. 296).
Latest Action Time
17:00:13
Submitted Date
Aug 1, 1990
Chamber
House of Representatives
Update Date
Jul 8, 2021
Amendment 672 — Informed