Food Price Stabilization Act - States that notwithstanding any other provision of the Economic Stabilization Act of 1970, the President is authorized to issue orders and regulations to stabilize food prices at levels prevailing on January 2, 1973.
Provides that whenever the President determines that such stabilization is no longer necessary or should in any way be modified, he shall transmit a report to Congress containing such determination, including a statement of reasons for such determination and any recommendations for appropriate legislation.
Extends the President's authority to issue regulations under the Act through April 30, 1974.
Introduced in House
Introduced in House
Referred to House Committee on Banking and Currency.
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