H.R. 5957 · 110th Congress

To reduce subsidies for agricultural commodity programs.

Stage
In committee
Sponsor
Ed Royce
Introduced
2008-05-05
Latest action
2008-11-19 · Referred to the Subcommittee on General Farm Commodities and Risk Management.

Summary

Directs the Secretary of Agriculture, in order to carry out title I of H.R. 2419 of the 110th Congress, as enrolled, to make such reductions in payment rates and loan rates otherwise applicable to commodity programs under such title and amendments made by that title as may be necessary to reduce obligations and expenditures of funds of the Commodity Credit Corporation (CCC) by $7 billion for each of FY2008-FY2012.