A bill to facilitate the efficient use of barter in managing agricultural commodities and the stocks of the National Defense Stockpile.
Barter Promotion Act of 1983 - Directs the President to coordinate Federal barter policy through the Executive Office of the President.
Amends the Agricultural Trade Development and Assistance Act of 1954, the Agricultural Act of 1954, and the Commodity Credit Corporation Charter Act to require utilization of private U.S. trading companies in barter transactions.
Amends the Agricultural Trade Development and Assistance Act of 1954 to eliminate the restriction on multilateral bartering.
Amends the Agricultural Act of 1954 and the Commodity Credit Corporation Charter Act to eliminate certain Commodity Credit Corporation barter reimbursement requirements.
Requires the Secretary to report to Congress within 60 days on the activities of the administration's interagency barter committee.
Referred to Subcommittee on International Economic Policy and Trade.
Introduced in Senate
Read twice and referred to the Committee on Agriculture.
Ordered, that when the bill is reported by the Committee on Agriculture, Nutrition and Forestry, it then be referred to the Committee on Armed Services for a period not to exceed 30 calendar days.
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