H.R. 4620 · 108th Congress

To confirm the authority of the Secretary of Agriculture and the Commodity Credit Corporation to enter into memorandums of understanding with a State regarding the collection of approved State commodity assessments on behalf of the State from the proceeds of marketing assistance loans.

Stage
Signed by the president
Introduced
2004-06-18
Latest action
2004-12-21 · Became Public Law No: 108-470.

Summary

(This measure has not been amended since it was passed by the House on October 5, 2004. The summary of that version is repeated here.)

Authorizes the Secretary of Agriculture to collect commodity assessments from the proceeds of a marketing assistance loan for a producer if the assessment is required to be paid by the producer or the first purchaser of a commodity pursuant to a State law or to an authority administered by the Secretary.

Provides that such collection authority: (1) does not extend to a State tax or other State revenue activity; and (2) shall be made as specified in an agreement between the Secretary and the requesting State.