< Back to H.R. 5957 (110th Congress, 2007–2009)

Text of To reduce subsidies for agricultural commodity programs.

This bill was introduced on May 5, 2008, in a previous session of Congress, but was not enacted. The text of the bill below is as of May 05, 2008 (Introduced).

Source: GPO

I

110th CONGRESS

2d Session

H. R. 5957

IN THE HOUSE OF REPRESENTATIVES

May 5, 2008

introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To reduce subsidies for agricultural commodity programs.

1.

Reduction in subsidy amounts for agricultural commodity programs

Notwithstanding any other provision of law, to carry out title I of H.R. 2419 of the 110th Congress, as enrolled, the Secretary of Agriculture shall 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 by $7,000,000,000 for each of fiscal years 2008 through 2012.