H.R. 1260 – Reading Mode

109th CONGRESS

1st Session

H. R. 1260

IN THE HOUSE OF REPRESENTATIVES

March 10, 2005

Mr. Reynolds (for himself, Mr. Sanders, Mr. McHugh, Mr. Obey, Mr. Blunt, Mr. Hinchey, Mr. Walsh, Mrs. Johnson of Connecticut, Mr. McNulty, Mr. Bartlett of Maryland, Mr. McGovern, Mr. English of Pennsylvania, Mr. Boehlert, Mr. Towns, Mr. Etheridge, Ms. Slaughter, Mr. Olver, Mr. Higgins, Mr. Simmons, Mr. Skelton, Mr. Sweeney, Mr. Kuhl of New York, Mr. Nadler, and Mr. Holden) introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To amend the Farm Security and Rural Investment Act of 2002 to extend contracts for national dairy market loss payments through fiscal year 2007, to increase the payment quantity authorized under such contracts, and for other purposes.

National dairy market loss payments

(a)

Program extension and changes

Section 1502 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 7982) is amended—

(1)

in subsection (c)(2)(A), by striking $16.94 and inserting $17.10;

(2)

in subsection (d)(2)—

(A)

by striking 2,400,000 and inserting 4,800,000; and

(B)

by striking the second sentence; and

(3)

in subsections (f) and (g)(1), by striking 2005 both places it appears and inserting 2007.

(b)

Period of effectiveness

Notwithstanding section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 907)—

(1)

the amendments made by paragraphs (1) and (2) of subsection (a) shall be effective only during the period beginning October 1, 2005, and ending September 30, 2007; and

(2)

the amendments made by paragraph (3) of such subsection shall be effective only during the period beginning on the first day of the first month beginning after the date of enactment of this Act and ending September 30, 2007.