S. 3867 (94th): Sugar Act Extension

Introduced:
Sep 29, 1976 (94th Congress, 1975–1976)
Sponsor:
Sen. Carl Curtis [R-NE]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as S. 674 (95th) on Feb 10, 1977.

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


9/29/1976--Introduced.
Sugar Act Extension - Amends the Sugar Act of 1948 to reinstate the powers vested in the Secretary of Agriculture under such Act on January 1, 1977.
Reinstates the powers of the Secretary to set price objectives and quotas for sugar on October 1, 1976, and terminates such authority on March 31 of the year of termination of the manufacturer's excise tax on sugar which is reinstated under this Act. Amends the Internal Revenue Code to reinstate the excise tax on the manufacture or use of sugar after December 31, 1976.
Terminates such tax on June 30 of the year following the effective date of any law which limits conditional payments under the Sugar Act of 1948 or payments with respect to unsold sugar or sugar products held by a manufacturer or in customs custody.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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