[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3846 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 3846

      To repeal the quota and price support programs for peanuts.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 10, 1994

 Mr. Armey (for himself and Mr. Jacobs) introduced the following bill; 
           which was referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
      To repeal the quota and price support programs for peanuts.

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

SECTION 1. REPEAL OF PEANUT QUOTA AND PRICE SUPPORT PROGRAMS.

    (a) Marketing Quotas.--Part VI of subtitle B of title III of the 
Agricultural Adjustment Act of 1938 (7 U.S.C. 1357-1359a), relating to 
peanuts, is repealed.
    (b) Price Support Levels.--The Agricultural Act of 1949 (7 U.S.C. 
1441 et seq.) is amended--
            (1) in section 101(b) (7 U.S.C. 1441(b)), by striking ``and 
        peanuts'';
            (2) in section 408(c) (7 U.S.C. 1428(c)), by striking 
        ``peanuts,''; and
            (3) by striking sections 108, 108A, and 108B, relating to 
        peanuts (7 U.S.C. 1445c through 1445c-3).
    (c) Prohibition on Subsequent Provision of Price Support.--
            (1) Prohibition.--After the date of the enactment of this 
        Act, the Secretary of Agriculture may not make price support 
        available to peanut producers in the form of loans, purchases, 
        or other operations for peanuts by using the funds of the 
        Commodity Credit Corporation or under the authority of any law.
            (2) Exception.--Notwithstanding paragraph (1), the 
        Secretary shall settle any outstanding loans under section 108B 
        of the Agricultural Act of 1949 (7 U.S.C. 1445c-3) made before 
        the date of the enactment of this Act.
    (d) Continued Liability of Producers.--An amendment made by this 
section shall not affect the liability of any person under any 
provision of law as in effect before the date of the enactment of this 
Act.

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