Peanut Act
Latest action. Referred to House Committee on Agriculture.
Peanut Act - Provides, under the Agricultural Adjustment Act of 1938, that the farm yield in the case of peanuts for each farm for which a farm acreage allotment has been established, shall be determined on the basis of the actual yield per harvested acre during the three calendar years immediately preceding the year in which such farm yield is determined, with specified exceptions for drought, flood, or conditions beyond the control of the producer. States that a farm marketing quota shall be determined for each farm for which a farm peanut acreage allotment is established by multiplying the farm acreage allotment by the farm yield. Provides that all persons who purchase peanuts from producers or from associations of producers shall pay not less than the net support price established under the Agricultural Act of 1949 for such peanuts based on whether the peanuts acquired were within-quota peanuts or excess peanuts, and subject to differentials for grades, type, quality, segregation, location, and other factors. Provides for the retention of peanuts as seed and for the marketing of excess peanuts. States that each person handling peanuts is required to keep accurate records and make reports of all within-quota and excess peanuts acquired and disposed of by him including the quantities by grade, kernel content, and quality. Provides, effective for the 1975 through 1977 crops of peanuts, that: (1) the Secretary shall make available to producers loans and purchases on within-quota peanuts at a net level of not less than 70 percent of the parity price as of April 1 of the calendar year in which the crop is harvested; (2) the Secretary shall make available to producers loans and purchases on excess peanuts for each crop at not more than 60 percent of the loan and purchase level for within-quota peanuts or the world market price for the marketing year of the crop as estimated by the Commodity Credit Corporation, whichever is the lower; and (3) the Commodity Credit Corporation shall make warehouse storage loans available in each of the producing areas to a cooperative marketing association.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on July 2, 1974. It describes the bill, it is not the legal text.
Where is it in the process, and what happens next?
4 steps remain before this bill could become law.
The record's latest action, on July 2, 1974: Referred to House Committee on Agriculture.
- Clearing the committees it was referred to, and being scheduled for a floor vote
- Passage by the House
- Passage by the Senate
- The President's signature. If the President vetoes it, two-thirds of both chambers must vote to override.
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 93rd Congress (1973-74), 651 of the 23,396 bills and joint resolutions introduced became law, about 2.8 percent. That count covers every measure at every stage, including the many that never left committee.
This one is not there yet: 4 steps are still outstanding, listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
Walter Jones (D-NC) introduced it on July 2, 1974, and 6 members have since signed on as cosponsors.
They come from both major parties: 3 Democrats, 3 Republicans.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on July 2, 1974, 19063 days ago. The most recent recorded action was 19063 days ago, on July 2, 1974.
Measures do not carry over. Anything the 93rd Congress has not finished by January 3, 1975 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseIn committee, no floor vote yet
- SenateAwaits House passage
- PresidentAwaits both chambers