S.Amdt. 2349
What it does: 2 changes: replaces text in 2 places
Sen. Chuck Grassley (R-IA)What it changes
2 changes to S. 3240
Change 1: Rewrites page 140, line 1
ReplacesPrinted pageRemoves page 140, line 1 of the printed bill. See that page
Inserted: (b) Limitation on Marketing Loan Gains and Loan Deficiency Payments for Peanuts and Other Covered Commodities.--Section 1001 of the Food Security Act of 1985 (7 U.S.C. 1308) is amended by striking subsection (d) and inserting the following:
Inserted: "(d) Limitation on Marketing Loan Gains and Loan Deficiency Payments for Peanuts and Other Covered Commodities.--The total amount of marketing loan gains and loan deficiency payments received, directly or indirectly, by a person or legal entity (except a joint venture or general partnership) for any crop year under subtitle B of the Agriculture Reform, Food, and Jobs Act of 2012 (or a successor provision) for 1 or more covered commodities may not exceed $75,000.".
Inserted: (c) Conforming Amendments.--
Original wording
On page 140, strike line 1 and insert the following:
Change 2: Replaces “(c)” with “(d)”
[struck: (c)][inserted: (d)]Original wording
On page 143, line 9, strike “(c)” and insert “(d)”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2349. Mr. GRASSLEY submitted an amendment intended to be proposed by him to the bill S. 3240, to reauthorize agricultural programs through 2017, and for other purposes; which was ordered to lie on the table; as follows:
On page 140, strike line 1 and insert the following:
(b) Limitation on Marketing Loan Gains and Loan Deficiency Payments for Peanuts and Other Covered Commodities.--Section 1001 of the Food Security Act of 1985 (7 U.S.C. 1308) is amended by striking subsection (d) and inserting the following:
“(d) Limitation on Marketing Loan Gains and Loan Deficiency Payments for Peanuts and Other Covered Commodities.--The total amount of marketing loan gains and loan deficiency payments received, directly or indirectly, by a person or legal entity (except a joint venture or general partnership) for any crop year under subtitle B of the Agriculture Reform, Food, and Jobs Act of 2012 (or a successor provision) for 1 or more covered commodities may not exceed $75,000.”.
(c) Conforming Amendments.--
On page 143, line 9, strike “(c)” and insert “(d)”.
Legislative Activity
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Senate amendment submitted
June 12, 2012