An Act to establish improved programs for the benefit of producers and consumers of dairy products, wool, wheat, feed grains, cotton, and other commodities, to extend the Agricultural Trade Development and Assistance Act of 1954, as amended, and for other purposes.
Reported by the joint conference committee on October 13, 1970; agreed to by the House on October 13, 1970 (191-145) and by the Senate on November 19, 1970 (48-35)
Signed into law by President Richard M. Nixon on November 30, 1970
This 3-year farm bill replaced some of the more restrictive and mandatory features of previous law (acreage allotments, planting restrictions, and marketing quotas) with voluntary annual cropland set-asides and marketing certificate payments to achieve parity prices (the precursor to target prices and deficiency payments). For the first time, the law adopted an annual payment limitation per producer (set at $55,000 per crop). Among other things, the Act also amended and extended the authority of the Class I differential in federal milk marketing order areas.
References
^Peters,Gerhard; Woolley, John T. "Richard Nixon: "Statement on Signing the Agricultural Act of 1970" November 30, 1970". The American Presidency Project. University of California - Santa Barbara. Retrieved June 25, 2013.
agricultural, 1970, united, states, federal, agriculture, legislation, initiated, significant, change, commodity, support, policy, long, titlean, establish, improved, programs, benefit, producers, consumers, dairy, products, wool, wheat, feed, grains, cotton, . In United States federal agriculture legislation the Agricultural Act of 1970 P L 91 524 initiated a significant change in commodity support policy 1 Agricultural Act of 1970Long titleAn Act to establish improved programs for the benefit of producers and consumers of dairy products wool wheat feed grains cotton and other commodities to extend the Agricultural Trade Development and Assistance Act of 1954 as amended and for other purposes Enacted bythe 91st United States CongressEffectiveNovember 30 1970CitationsPublic law91 524Statutes at Large84 Stat 1358CodificationTitles amended7 U S C AgricultureU S C sections amendedChapter 26 601Legislative historyIntroduced in the House as H R 18546Passed the House on August 5 1970 212 171 Passed the Senate on September 15 1970 65 7 Reported by the joint conference committee on October 13 1970 agreed to by the House on October 13 1970 191 145 and by the Senate on November 19 1970 48 35 Signed into law by President Richard M Nixon on November 30 1970This 3 year farm bill replaced some of the more restrictive and mandatory features of previous law acreage allotments planting restrictions and marketing quotas with voluntary annual cropland set asides and marketing certificate payments to achieve parity prices the precursor to target prices and deficiency payments For the first time the law adopted an annual payment limitation per producer set at 55 000 per crop Among other things the Act also amended and extended the authority of the Class I differential in federal milk marketing order areas References Edit Peters Gerhard Woolley John T Richard Nixon Statement on Signing the Agricultural Act of 1970 November 30 1970 The American Presidency Project University of California Santa Barbara Retrieved June 25 2013 This article incorporates public domain material from Jasper Womach Report for Congress Agriculture A Glossary of Terms Programs and Laws 2005 Edition PDF Congressional Research Service This United States federal legislation article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Agricultural Act of 1970 amp oldid 1108705232, wikipedia, wiki, book, books, library,
