[Congressional Record Volume 164, Number 106 (Monday, June 25, 2018)]
[Senate]
[Pages S4371-S4372]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3073. Mr. CORNYN (for himself and Mr. Jones) submitted an
amendment intended to be proposed by him to the bill H.R. 2, to provide
for the reform and continuation of agricultural and other programs of
the Department of Agriculture through fiscal year 2023, and for other
purposes; which was ordered to lie on the table; as follows:
[[Page S4372]]
At the end of subtitle B of title I, add the following:
SEC. 12__. UPLAND COTTON.
(a) Loan Rates for Nonrecourse Marketing Assistance
Loans.--Section 1202 of the Agricultural Act of 2014 (7
U.S.C. 9032) is amended--
(1) in subsection (a)--
(A) in paragraph (6), by striking ``In the case'' and
inserting ``Subject to subsection (d), in the case''; and
(B) in paragraph (7), by striking ``$0.7977'' and inserting
``$0.95''; and
(2) by adding at the end the following:
``(d) Upland Cotton.--The loan rate determined under
subsection (a)(6) shall not equal less than an amount equal
to 98 percent of the loan rate for base quality of upland
cotton that was applied the preceding year.''.
(b) Special Competitive Provisions for Extra Long Staple
Cotton.--Section 1208(b)(2) of the Agricultural Act of 2014
(7 U.S.C. 9038(b)(2)) is amended by striking ``134'' and
inserting ``113''.
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