[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3455 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 3455

   To amend the Agricultural Market Transition Act to authorize the 
  Secretary of Agriculture to extend the term of marketing assistance 
                                 loans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 12, 1998

   Mr. Hill introduced the following bill; which was referred to the 
                        Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
   To amend the Agricultural Market Transition Act to authorize the 
  Secretary of Agriculture to extend the term 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. EXTENSION OF MARKETING ASSISTANCE LOANS.

    Section 133 of the Agricultural Market Transition Act (7 U.S.C. 
7233) is amended by striking subsection (c) and inserting the 
following:
    ``(c) Extension.--The Secretary may extend the term of a marketing 
assistance loan made to producers on a farm for any loan commodity for 
1 6-month period.''.
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