[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 1762 Introduced in Senate (IS)]







105th CONGRESS
  2d Session
                                S. 1762

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


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                   IN THE SENATE OF THE UNITED STATES

                             March 16, 1998

 Mr. Baucus (for himself and Mr. Burns) introduced the following bill; 
  which was read twice and referred to the Committee on Agriculture, 
                        Nutrition, and Forestry

_______________________________________________________________________

                                 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 
one 6-month period.''.
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