[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[S. 2866 Placed on Calendar Senate (PCS)]






                                                       Calendar No. 752
108th CONGRESS
  2d Session
                                 S. 2866

To amend the Farm Security and Rural Investment Act of 2002 to clarify 
the authority of the Secretary of Agriculture and the Commodity Credit 
  Corporation to enter into memorandums of understanding with a State 
  regarding the collection of approved State commodity assessments on 
  behalf of the State from the proceeds of marketing assistance loans.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 29, 2004

Mr. Inhofe (for himself, Mr. Hagel, Mr. Roberts, Mr. Burns, Mr. Cornyn, 
 Ms. Cantwell, Mrs. Boxer, Mr. Nelson of Nebraska, Mr. Craig, and Mr. 
 Daschle) introduced the following bill; which was read the first time

                           September 30, 2004

            Read the second time and placed on the calendar

_______________________________________________________________________

                                 A BILL


 
To amend the Farm Security and Rural Investment Act of 2002 to clarify 
the authority of the Secretary of Agriculture and the Commodity Credit 
  Corporation to enter into memorandums of understanding with a State 
  regarding the collection of approved State commodity assessments on 
  behalf of the State from the proceeds 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. SHORT TITLE.

    This Act may be cited as the ``Commodity Assessment, Protection, 
and Reform Act''.

SEC. 2. COLLECTION OF COMMODITY ASSESSMENTS.

    Subtitle B of title I of the Farm Security and Rural Investment Act 
of 2002 (7 U.S.C. 7931 et seq.) is amended by adding at the end the 
following:

``SEC. 1210. COLLECTION OF COMMODITY ASSESSMENTS.

    ``(a) Definition of Assessment.--In this section, the term 
`assessment' means funds that are--
            ``(1) collected with respect to a specific commodity in 
        accordance with this Act;
            ``(2) paid by the first purchaser of the commodity in 
        accordance with a State law or this title; and
            ``(3) not collected through a tax or other revenue 
        collection activity of a State.
    ``(b) Authority to Collect Commodity Assessments From Marketing 
Assistance Loans.--The Secretary may collect commodity assessments from 
the proceeds of a marketing assistance loan made under this subtitle in 
accordance with an agreement between the Secretary and the State.''.
                                                       Calendar No. 752

108th CONGRESS

  2d Session

                                S. 2866

_______________________________________________________________________

                                 A BILL

To amend the Farm Security and Rural Investment Act of 2002 to clarify 
the authority of the Secretary of Agriculture and the Commodity Credit 
  Corporation to enter into memorandums of understanding with a State 
  regarding the collection of approved State commodity assessments on 
  behalf of the State from the proceeds of marketing assistance loans.

_______________________________________________________________________

                           September 30, 2004

            Read the second time and placed on the calendar