Directs the Secretary of Agriculture to determine and announce the estimated agricultural financial losses of any proposed agricultural embargo before such embargo may be declared.
Authorizes the payment of compensation from the Treasury or the Commodity Credit Corporation for any such losses. States that any such expenditures shall not be considered part of the agricultural price support program but rather related to international or defense functions.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to House Committee on Foreign Affairs.
Referred to Subcommittee on Cotton, Rice, and Sugar.
Referred to Subcommittee on Department Operations, Research, and Foreign Agriculture.
Referred to Subcommittee on Wheat, Soybeans, and Feed Grains.
Referred to Subcommittee on International Economic Policy and Trade.
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