A bill to amend the Internal Revenue Code of 1954 relating to the treatment under the DISC rules of fungible products marketed through pooling arrangements of cooperative associations.

Amends the Internal Revenue Code to provide that fungible products which are marketed through pooling arrangements of a cooperative association shall be deemed export property of a Domestic International Sales Corporation. Specifies that where a borrower of a producer's loan markets fungible products through pooling arrangements of a cooperative association, his receipts of sale proceeds from the pool shall be deemed to be derived from the sale of products outside the United States in the same proportion that sales of the pool outside the United States bear to total sales of the pool.