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HR 2879 110th Congress House Agriculture and Food Agricultural prices Agricultural subsidies Wheat

Wheat Counter-Cyclical Payments Enhancement Act

Introduced: June 27, 2007 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2007
Referred to the House Committee on Agriculture.
Jun 27, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Wheat Counter-Cyclical Payments Enhancement Act - Amends the Farm Security and Rural Investment Act of 2002 to authorize the Secretary of Agriculture to consider national average market price variations for different classes of wheat when determining wheat producer eligibility for 2007 counter-cyclical payments.

States that in calculating a separate effective price for a class of wheat the effective price shall equal the sum of: (1) the higher of the national average market price received by producers during the 12-month marketing year, or the national average loan rate during that period; and (2) the direct wheat payment rate.

What's happening now June 27, 2007

Referred to the House Committee on Agriculture.

 Committees of jurisdiction 1