97th Congress > Senate > Vote 254
Sponsor: BOSCHWITZ, Rudolph Eli (Rudy) (R-MN)
Description: TO TABLE THE JEPSEN AMENDMENT TO THE BOSCHWITZ AMENDMENT TO S. 884, THE AUTHORIZATION OF FUNDS FOR THE FISCAL YEARS 1982 THROUGH 1985 FOR COMMODITY PRICE SUPPORT PROGRAMS ADMINISTERED BY THE DEPARTMENT OF AGRICULTURE, AND FOR AGRICULTURE RESEARCH, SOIL CONSERVATION, AND AGRICULTURE EXPORTS. THE JEPSEN AMENDMENT SETS DAIRY PRICE SUPPORTS AT 75-90 PERCENT OF PARITY THROUGH 1985, WITH AN ANNUAL ADJUSTMENT TO MAINTAIN AT LEAST A 75 PERCENT LEVEL AND A SECOND, SEMIANNUAL ADJUSTMENT TO 70 PERCENT, WITH AUTHORITY FOR THE THE ANNUAL ADJUSTMENT ALSO TO BE AS LOW AS 70 PERCENT WHEN ANTICIPATED OUTLAYS TO BUY SURPLUS DAIRY PRODUCTS WOULD EXCEED $500 MILLION. THE BOSCHWITZ AMENDMENT PROVIDES SUPPORT AT 70-90 PERCENT OF PARITY WITH ANNUAL ADJUSTMENTS AND WITH AUTHORITY FOR THE SECRETARY TO FORGO THE ANNUAL ADJUSTMENT IN YEARS WHEN ANTICIPATED OUTLAYS WOULD EXCEED $750 MILLION, BUT THE ACTUAL PAYMENT RATE FOR THE PRICE SUPPORT COULD NOT DROP BELOW $13.10 PER HUNDRED-WEIGHT. (MOTION PASSED) SEE NOTE(S) 8
Original source documents: Digest of the Congressional Record vol. 127, p. 9648;
