Extra-Long Staple Cotton Act of 1983

The Extra-Long Staple Cotton Act of 1983 (P.L. 98-88) eliminated marketing quotas and allotments for extra-long staple cotton and tied its support to upland cotton through a formula that set the nonrecourse loan rate at not less than 150% of the upland cotton loan level. The act amended the Agricultural Act of 1949 to set forth new Extra-Long Staple cotton program provisions[1] and Agriculture and Food Act of 1981 to add Extra-Long Staple cotton to the $50,000 payment limitation for the payments which a person received under commodity programs.[1] The act was sponsored by Kika de la Garza.

Extra Long Staple Cotton Act of 1983
Long titleAn Act to establish an improved program for extra long staple cotton.
Enacted bythe 98th United States Congress
EffectiveAugust 26, 1983
Citations
Public law98-88
Statutes at Large97 Stat. 494
Codification
Acts amendedAgricultural Act of 1949
Agriculture and Food Act of 1981
Titles amended7 U.S.C.: Agriculture
U.S.C. sections amended
Legislative history

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.