National Wool Act of 1954

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National Wool Act of 1954
Great Seal of the United States
Long titleAn Act to provide for greater stability in agriculture; to augment the marketing and disposal of agricultural products; and for other purposes.
NicknamesAgricultural Act of 1954
Enacted bythe 83rd United States Congress
EffectiveAugust 28, 1954
Citations
Public law83-690
Statutes at Large68 Stat. 897 aka 68 Stat. 910
Codification
Titles amended7 U.S.C.: Agriculture
U.S.C. sections created7 U.S.C. ch. 44 § 1781 et seq.
Legislative history
  • Introduced in the House as H.R. 9680
  • Passed the House on July 2, 1954 (228-170)
  • Reported by the joint conference committee on August 17, 1954; agreed to by the Senate on August 17, 1954 (44-28) and by the House on August 17, 1954 (agreed/passed)
  • Signed into law by President Dwight D. Eisenhower on August 28, 1954

The National Wool Act of 1954 (Title VII of Agricultural Act of 1954 (P.L. 83-690)) provided for a new and permanent price support program for wool and mohair to encourage increased domestic production through incentive payments.[1]

Wool and mohair commodity programs were in effect through marketing year 1995, at which time it was terminated under the explicit mandate of P.L. 103–130, Sec. 1.

See also[edit]

References[edit]

  1. ^ Peters,Gerhard; Woolley, John T. "Dwight D. Eisenhower: "Statement by the President Upon Signing the Agricultural Act of 1954" August 28, 1954". The American Presidency Project. University of California - Santa Barbara. Retrieved June 25, 2013.