The Extra-Long Staple Cotton Act of 1983 (P.L. 98–88) eliminated marketing quotas and allotments for extra-long staple cotton and tied its support to upland cotton through a formula that set the nonrecourse loan rate at not less than 150% of the upland cotton loan level. The act amended the Agricultural Act of 1949 to set forth new Extra-Long Staple cotton program provisions[1] and Agriculture and Food Act of 1981 to add Extra-Long Staple cotton to the $50,000 payment limitation for the payments which a person received under commodity programs.[1] The act was sponsored by Kika de la Garza.
References
- ^ a b "H.R.3190 - 98th Congress (1983-1984): Extra-Long Staple Cotton Act of 1983 | Congress.gov | Library of Congress". Beta.congress.gov. Retrieved 2014-04-04.
This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
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