Home > Terms > English, UK (UE) > Agriculture and Consumer Protection Act of 1973
Agriculture and Consumer Protection Act of 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 programme crops. The Act might be considered the first omnibus farm bill because it went beyond simply authorising farm commodity programs. It authorised disaster payments and disaster reserve inventories; created the Rural Environmental Conservation Program; amended the Food Stamp Act of 1964, authorising 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.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Blush
Usually a peachy or pinkish highlighter used to create natural rosy cheeks. Applied properly, blush can create a refreshed and energetic look.
Contributor
Featured blossaries
stanley soerianto
0
Terms
107
Blossaries
6
Followers
The 12 Best Luxury Hotels in Jakarta
Browers Terms By Category
- General accounting(956)
- Auditing(714)
- Tax(314)
- Payroll(302)
- Property(1)
Accounting(2287) Terms
- Osteopathy(423)
- Acupuncture(18)
- Alternative psychotherapy(17)
- Ayurveda(9)
- Homeopathy(7)
- Naturopathy(3)
Alternative therapy(489) Terms
- Wine bottles(1)
- Soft drink bottles(1)
- Beer bottles(1)
Glass packaging(3) Terms
- Cheese(628)
- Butter(185)
- Ice cream(118)
- Yoghurt(45)
- Milk(26)
- Cream products(11)
Dairy products(1013) Terms
- General architecture(562)
- Bridges(147)
- Castles(114)
- Landscape design(94)
- Architecture contemporaine(73)
- Skyscrapers(32)