House Roll Call 240

97th Congress · 1981-10-07

H.R. 3603: TO AMEND THE FRANK AMENDMENT TO H.R. 3603, SO AS TO SET THE MINIMUM DAIRY PRICE SUPPORT LEVEL AT A MINIMUM OF 70 PERCENT OF PARITY BUT NO LESS THAN $13.10 PER HUNDREDWEIGHT IN FISCAL 1982. THE FRANK AMENDMENT SETS DAIRY PRICE SUPPORT LEVELS AT A MINIMUM OF 70 PERCENT OF PARITY FOR FISCAL YEARS 1982-1985 WITH MANDATORY ANNUAL READJUSTMENTS, EXCEPT THAT THE SECRETARY OF AGRICULTURE COULD FORGO THE ANNUAL ADJUSTMENT TO BRING THE ACTUAL PAYMENT RATE BACK UP TO 70 PERCENT OF PARITY IN YEARS WHEN ANTICIPATED EXPENDITURES FOR SURPLUS DAIRY PURCHASES EXCEEDED $750 MILLION. THE EFFECT WOULD BE TO PERMIT DAIRY PRICE SUPPORTS TO RISE IN FISCAL 1983 TO A MINIMUM OF 75 PERCENT OF PARITY, UNLESS CONGRESS BLOCKED THE INCREASE. (MOTION FAILED)