Amends the Agricultural Act of 1949 to repeal the requirement that interest rates on cotton price support loans be based on the lowest current interest rate on ordinary obligations of the United States, in order to insure that such interest rates are not less favorable to producers than the interest rates for such loans on other commodities.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Reported to House from the Committee on Agriculture, H. Rept. 95-1551.
Reported to House from the Committee on Agriculture, H. Rept. 95-1551.
Measure called up under motion to suspend rules and pass in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended.
Measure passed House, amended.
Measure laid on table in House, S. 3468 passed in lieu.
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