A bill to provide a voluntary self-help program which is designed to assist producers of agricultural products to protect themselves against loss of cost of production when natural or uncontrollable conditions adversely affect production and which will assure consumers that producers will be able to continue to produce food and fiber.
Farm Production Protection Act - Repeals the Federal Crop Insurance Act. Establishes, within the Department of Agriculture, the Farm Production Corporation, with a capital stock of $300,000,000 subscribed by the United States of America. Empowers such Corporation to protect producers of agricultural products against loss of production cost due to unavoidable natural causes.
Referred to House Committee on Agriculture.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
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