97th Congress > Senate > Vote 255
Sponsor: DOLE, Robert Joseph (R-KS)
Description: TO TABLE THE BOSCHWITZ AMENDMENT TO THE JEPSEN AMENDMENT TO S. 884. THE BOSCHWITZ 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, SEMINANNUAL ADJUSTMENT TO 70 PERCENT, AND WITH AUTHORITY FOR THE ANNUAL ADJUSTMENT ALSO TO BE AS LOW AS 70 PERCENT WHEN ANTICIPATED OUTLAYS TO BUY SURPLUS DAIRY PRODUCTS WOULD EXCEED $500 MILLION; ALSO, THE SECRETARY WOULD BE AUTHORIZED TO FORGO THE SEMIANNUAL READJUSTMENT IN YEARS WHEN ANTICIPATED OUTLAYS WOULD EXCEED $750. THE JEPSEN AMENDMENT PROVIDES FOR SUPPORTS AT 70-90 PERCENT OF PARITY WITH ANNUAL ADJUSTMENTS AND WITH AUTHORITY FOR THE SECRETARY TO FORGO THE ANNUAL ADJUSTMENT IN YEARS WHEN (CONTINUED) ANTICIPATED OUTLAYS EXCEED $750 MILLION, BUT THE ACTUAL PAYMENT RATE FOR THE PRICE SUPPORTS 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. 9652;
