Fixes the loan rate, under the price support provisions of the Agricultual Act of 1949, as amended, for the 1974 and 1975 crops of corn at $2.48 per bushel; and of soybeans at $5.90 per bushel.
Stipulates that for the period beginning January 1, 1975, and ending June 1, 1975, the charge to households for coupons under the Food Stamp Act of 1964 shall be the lesser of (1) the purchase requirements for households which were established by regulations in effect on January 1, 1975, or (2) 30 per cent of the household's income.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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