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
Додати до мого глосарію

Що ви хочете сказати?

Ви маєте виконати вхід для участі в обговоренні.

Terms in the News

Featured Terms

Gabriela Lozano
  • 0

    Terms

  • 0

    Глосарії

  • 7

    Followers

Галузь/тема: Photography Category: Professional photography

mesa de luz

box of fluorescent tubes balanced for white light and covered with translucent glass or plastic. Used for viewing, registering or correcting film ...

Featured blossaries

Natural Fermentation Bread

Категорія: Food   1 35 Terms

Futures Terms and Definitions

Категорія: Business   2 20 Terms