II 111th CONGRESS 1st Session S. 1331 IN THE SENATE OF THE UNITED STATES June 23, 2009 Mrs. Gillibrand introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry A BILL To amend the Food, Conservation, and Energy Act of 2008 to index for inflation the payment rate for payments under the milk income loss contract program.

1.

Short title

This Act may be cited as the Dairy Fairness Act of 2009.

2.

Milk income loss contract program

Section 1506(d) of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8773(d)) is amended— (1)in the subsection heading, by inserting and inflation after feed prices; (2)by redesignating paragraphs (1), (2), and (3) as subparagraphs (A), (B), and (C), respectively, and indenting appropriately; (3)by inserting after the subsection heading the following: (1)

Feed prices

; and (4)by adding at the end the following: (2)

Inflation

Effective on the first day of the first month beginning after the date of enactment of the Dairy Fairness Act of 2009 and each year thereafter, the amount specified in subsection (c)(2)(A) used to determine the payment rate for a month shall be adjusted to reflect changes for the 12-month period ending on the most recent date for which data are available in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor. .