[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2568 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 2568

 To provide partial compensation to farm owners and producers for the 
loss of markets for the 1999 crop of commodities covered by production 
  flexibility contracts under the Agricultural Market Transition Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 20, 1999

 Mr. Moran of Kansas (for himself, Mr. Thune, Mr. Barrett of Nebraska, 
   Mr. Lucas of Oklahoma, Mrs. Emerson, Mr. Talent, and Mr. Watkins) 
 introduced the following bill; which was referred to the Committee on 
  Agriculture, and in addition to the Committee on the Budget, for a 
 period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
 To provide partial compensation to farm owners and producers for the 
loss of markets for the 1999 crop of commodities covered by production 
  flexibility contracts under the Agricultural Market Transition Act.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Market Loss Assistance Act of 
1999''.

SEC. 2. MARKET LOSS ASSISTANCE FOR FARM OWNERS AND PRODUCERS.

    (a) In General.--Subject to subsection (e), the Secretary of 
Agriculture shall use not more than $4,202,250,000 for assistance to 
owners and producers on a farm who are eligible for final payments for 
fiscal year 1999 under a production flexibility contract for the farm 
under the Agricultural Market Transition Act (7 U.S.C. 7201 et seq.) to 
partially compensate the owners and producers for the loss of markets 
for the 1999 crop of a commodity.
    (b) Amount.--The amount of assistance made available to owners and 
producers on a farm under this section shall be proportional to the 
amount of the contract payment received by the owners and producers for 
fiscal year 1999 under a production flexibility contract for the farm 
under the Agricultural Market Transition Act.
    (c) Time for Payment.--The assistance made available under this 
section for an eligible owner or producer shall be made as soon as 
practicable after the date of enactment of this Act.
    (d) Use of Commodity Credit Corporation.--Subject to subsection 
(e), the Secretary shall use the funds, facilities, and authorities of 
the Commodity Credit Corporation to carry out this section.
    (e) Emergency Requirement.--Notwithstanding the last sentence of 
section 252(e) of the Balanced Budget and Emergency Deficit Control Act 
of 1985, amounts made available by this section are designated by the 
Congress as an emergency requirement pursuant to section 252(e) of the 
Balanced Budget and Emergency Deficit Control Act of 1985: Provided, 
That such amounts shall be available only to the extent that an 
official budget request that includes designation of the entire amount 
of the request as an emergency requirement as defined in the Balanced 
Budget and Emergency Deficit Control Act of 1985, is transmitted by the 
President to Congress.
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