S.Amdt. 3073Senate115th Congress (2017-2019)
S.Amdt. 3073
Sponsored by
Sen. John Cornyn (R-TX)
Submitted June 25, 2018
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Senate amendment submitted
June 25, 2018
Text
Submitted
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''. ______