S. 77 · 115th Congress
Stop Paying U.S. in Peanuts Act
- Stage
- In committee
- Sponsor
- Jeff Flake
- Introduced
- 2017-01-10
- Latest action
- 2017-01-10 · Introduced in Senate
Summary
Stop Paying U.S. in Peanuts Act
This bill amends the Agricultural Act of 2014 to repeal the rules for peanuts under the nonrecourse marketing assistance loan program administered by the Department of Agriculture (USDA). (Under a nonrecourse marketing assistance loan, a farmer pledges a commodity as collateral and may deliver the pledged collateral to USDA to repay the loan.)