Amends the Agricultural Act of 1949 to provide that, notwithstanding the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the sequestration order issued by the President under such Act on February 1, 1986, FY 1986 dairy expenditure reductions shall be implemented through more reduction in the price received by milk producers (assessments) rather than through a reduction in Commodity Credit Corporation payments for dairy product purchases.
States that such reductions shall be no greater than needed (but not to exceed 12 cents per hundredweight) to achieve the reduction in milk support expenditures required by such order.
Introduced in Senate
Introduced in the Senate and read twice and held at the desk by unanimous consent. Until the close of business February 24, 1986.
Held at the desk by unanimous consent. Until the close of business February 26, 1986.
Held at the desk. Until close of business, Thursday, February 27, 1986.
Referred to the Committee on Agriculture.
Referred to Subcommittee on Agricultural Production.
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