Home > Terms > Spanish, Latin American (XL) > Decreto de Agricultura y Protección al Consumidor de 1973

Decreto de Agricultura y Protección al Consumidor de 1973

This Act is P.L. 93-86 (August 10, 1973) which was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corporation of surplus stocks. It reduced payment limitations to $20,000 (from $55,000 set in 1970) for all program crops. The Act might be considered the first omnibus farm bill because it went beyond simply authorizing farm commodity programs. It authorized disaster payments and disaster reserve inventories; created the Rural Environmental Conservation Program; amended the Food Stamp Act of 1964, authorizing the use of commodities for feeding low income mothers and young children (the origin of the supplemental food program); and amended the Rural Development Act of 1972.

0
Lägg till i min ordlista

Vad vill du säga?

Du måste logga in för att kunna göra inlägg i diskussioner.

Terms in the News

Featured Terms

Gabriela Lozano
  • 0

    Terms

  • 0

    Ordlistor

  • 7

    Followers

Bransch/domän: Literature Category: Bestsellers

La Biblia

The Bible is the various collections of sacred scripture of the various branches of Judaism and Christianity. The Bible, in its various editions, is ...