[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 604 Introduced in Senate (IS)]







105th CONGRESS
  1st Session
                                 S. 604

    To amend the Agricultural Market Transition Act to require the 
Secretary of Agriculture to use the price of feed grains and other cash 
expenses as factors that are used to determine the basic formula price 
     for milk and any other milk price regulated by the Secretary.


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                   IN THE SENATE OF THE UNITED STATES

                             April 17, 1997

  Mr. Specter introduced the following bill; which was read twice and 
   referred to the Committee on Agriculture, Nutrition, and Forestry

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                                 A BILL


 
    To amend the Agricultural Market Transition Act to require the 
Secretary of Agriculture to use the price of feed grains and other cash 
expenses as factors that are used to determine the basic formula price 
     for milk and any other milk price regulated by the Secretary.

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

SECTION 1. BASIC FORMULA PRICE.

    Section 143(a) of the Agricultural Market Transition Act (7 U.S.C. 
7253(a)) is amended by adding at the end the following:
            ``(5) Basic formula price.--In carrying out this subsection 
        and section 8c(5) of the Agricultural Adjustment Act (7 U.S.C. 
        608c(5)), reenacted with amendments by the Agricultural 
        Marketing Agreement Act of 1937, the Secretary shall use as 
        factors that are used to determine the basic formula price for 
        milk and any other milk price regulated by the Secretary--
                    ``(A) the price of feed grains, including the cost 
                of concentrates, byproducts, liquid whey, hay, silage, 
                pasture, and other forage; and
                    ``(B) other cash expenses, including the cost of 
                hauling, artificial insemination, veterinary services 
                and medicine, bedding and litter, marketing, custom 
                services and supplies, fuel, lubrication, electricity, 
                machinery and building repairs, labor, association 
                fees, and assessments.''.
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