[Congressional Record (Bound Edition), Volume 150 (2004), Part 19]
[Senate]
[Pages 25369-25370]
[From the U.S. Government Publishing Office, www.gpo.gov]




            COMMODITY ASSESSMENT, PROTECTION, AND REFORM ACT

  Mr. FRIST. I ask unanimous consent to proceed to the immediate 
consideration of Calendar No. 752, S. 2866.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The assistant legislative clerk read as follows:

       A bill (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.


[[Page 25370]]


  There being no objection, the Senate proceeded to consider the bill.
  Mr. FRIST. I ask unanimous consent the bill be read the third time 
and passed, the motion to reconsider be laid upon the table, and any 
statements be printed in the Record.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 2866) was read the third time and passed, as follows:

                                S. 2866

       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.''.

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