,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #dbfe  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #g1 #bjag,ms4
 ,foxx 7= h]self1 ,mr4 ,danny ,k4 ,davis
 ( ,ill9ois1 ,mr4 ,goodlatte1 ,mr4      
,blum5au]1 ,mr4 ,d5t1 ,ms4 ,spei]1 ,mr4 
,roe ( ,t5nessee1 ,mr4 ,ru%1 ,mr4       
,*abot1 ,mr4 ,lip9ski1 ,mr4 ,h5s>l+1    
,mr4 ,g>am5di1 ,mr4 ,%u/]1 ,ms4 ,ku/] ( 
,new ,hamp%ire1 ,mrs4 ,brooks (         
,indiana1 ,mr4 ,k9d1 ,mrs4 ,black1 ,mrs4
 ,beatty1 ,mr4 ,frel+huys51 ,mr4        
,s*neid]1 ,mr4 ,b>letta1 ,mr4 ,mead[s1  
,mr4 ,smuck]1 ,mr4 ,latta1 ,mr4         
,s5s5br5n]1 ,mr4 ,gohm]t1 ,mr4 ,massie1 
,mr4 ,co/ello ( ,p5nsylvania1 ,mr4      
,banks ( ,indiana1 ,mr4 ,coll9s (       
,georgia1 ,mr4 ,womack1 ,mr4            
,des,jarlais1 ,mrs4 ,walorski1 ,mr4     
,johnson ( ,ohio1 ,mrs4 ,blackburn1 ,mr4
 ,ro?fus1 ,mr4 ,brat1 ,mr4 ,kelly (     
,p5nsylvania1 ,mr4 ,joyce ( ,ohio1 ,mr4 
,fleis*mann1 ,mr4 ,fitzpatrick1 ,ms4    
,%ea-,port]1 ,ms4 ,s9ema1 & ,mr4 ,/ew>t7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  

to ! ,committee on ,agriculture1 & 9    
addition to ! ,committee on ,ways &     
,means1 = a p]iod to be subsequ5tly     
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to mod]nize ! sug> program "u 
! ,f$]al ,agriculture ,improvem5t &     
,re=m ,act ( #aiif1 to provide = !      
repeal ( ! fe$/ock flexibility program =
 bio5]gy produc]s "u ! ,f>m ,security & 
,rural ,inve/m5t ,act ( #bjjb & m>ket+  
allotm5ts = sug> "u ! ,agricultural     
,adju/m5t ,act ( #aich1 & = o!r         
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,sug> ,policy ,mod]nization
 ,act ( #bjag4  #b4 ,sug> program  7a7  
,loan rates ,section #aef ( ! ,f$]al    
,agriculture ,improvem5t & ,re=m ,act ( 
#aiif 7#g ,u4,s4,c4 #gbgb7 is am5d$ by  
/rik+ subsections 7a7 & 7b7 & ins]t+ !  
foll[+ new subsections3  7a7 ,sug>cane  
,! ,secret>y %all make loans available  
to processors ( dome/ically gr[n        
sug>cane at a rate equal to--  7#a7     

#ah4ge c5ts p] p\nd = raw cane sug> = ! 
#bjah crop ye>2  7#b7 #ah4ej c5ts p]    
p\nd = raw cane sug> = ! #bjai crop ye>2
  7#c7 #ah4be c5ts p] p\nd = raw cane   
sug> = ! #bjbj crop ye>2 &  7#d7 #ah4jj 
c5ts p] p\nd = raw cane sug> = ! #bjba  
?r\gh #bjbc crop ye>s4  7b7 ,sug> beets 
,! ,secret>y %all make loans available  
to processors ( dome/ically gr[n sug>   
beets at a rate equal to #abh4e p]c5t ( 
! loan rate p] p\nd ( raw cane sug> = ! 
applicable crop ye> "u subsection 7a7 = 
ea* ( ! #bjah ?r\gh #bjbc crop ye>s4  4 
7b7 ,avoid+ =feitures :ile ensur+       
adequate supplies at reasonable prices  
,section #aef7;f7 ( ! ,f$]al            
,agriculture ,improvem5t & ,re=m ,act ( 
#aiif 7#g ,u4,s4,c4 #gbgb7;f77 is       
am5d$--  7#a7 9 ! subsection head+1 by  
ins]t+ ,:ile ,ensur+ ,adequate ,supplies
 at ,reasonable ,prices aft] ,=feitures2
 &  7#b7 9 p>agraph 7#a71 by ins]t+     
ensure adequate supplies ( sug> at      
reasonable prices & aft] %all4  7c7     
,assurance ( no net co/ & means =       

recov]y ( net co/s ,section #aef7;f7 ( !
 ,f$]al ,agriculture ,improvem5t & ,re=m
 ,act ( #aiif 7#g ,u4,s4,c4 #gbgb7;f77  
is fur!r am5d$ by add+ at ! end ! foll[+
 new p>agraph3  7#c7 ,assurance ( no net
 co/2 recov]y ( net co/s  7,a7 ,recov]y 
requir$ ,:5ev] ! ,secret>y f9ds t1      
not)/&+ p>agraph 7#a71 ! program        
e/abli%$ "u ?is section has result$ 9 a 
net co/ to ! ,f$]al ,gov]nm5t1 !        
,secret>y %all recov]1 9 a mann] det]m9$
 by ! ,secret>y 9 regulations prescrib$ 
"u subp>agraph 7,c71 su* net co/ f      
processors ( dome/ically gr[n sug>cane &
 sug> beets4  7,b7 ,recov]y me?od ,!    
,secret>y may provide = s+le or multiple
 paym5ts by ea* processor ( dome/ically 
gr[n sug>cane or sug> beets = ! recov]y 
( su* net co/ "u ?is p>agraph4  7,c7    
,net co/ def9$ ,9 ?is p>agraph1 ! t]m   
net co/ ref]s to a situation 9 :i*      
,f$]al exp5ditures 7includ+ disbursem5t 
( loan proce$s7 = a fiscal ye> pursuant 
to ! program e/abli%$ "u ?is section    
exce$ receipts "u su* program 7includ+  

loan repaym5ts7 = ! same fiscal ye>4    
7,d7 ,regulations ,! ,secret>y %all     
issue regulations to c>ry out ?is       
p>agraph4  7,e7 ,application ,?is       
p>agraph %all apply beg9n+ ) ! #bjai    
crop ye>4  4  7d7 ,effective p]iod      
,section #aef7;i7 ( ! ,f$]al            
,agriculture ,improvem5t & ,re=m ,act ( 
#aiif 7#g ,u4,s4,c4 #gbgb7;i77 is am5d$ 
by /rik+ #bjah & ins]t+ #bjbc4  #c4     
,"o-ye> ext5sion ( fe$/ock flexibility  
program = bio5]gy produc]s & subsequ5t  
t]m9ation  7a7 ,ext5sion ,section       
#ijaj7;b7 ( ! ,f>m ,security & ,rural   
,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4    
#haaj7;b77 is am5d$--  7#a7 9 p>agraph  
7#a77;,a71 by /rik+ #bjah & ins]t+      
#bjai2 &  7#b7 9 p>agraph 7#b77;,a71 by 
/rik+ #bjah & ins]t+ #bjai4  7b7        
,t]m9ation ,section #ijaj ( ! ,f>m      
,security & ,rural ,inve/m5t ,act (     
#bjjb 7#g ,u4,s4,c4 #haaj7 is am5d$ by  
add+ at ! end ! foll[+ new subsection3  
7c7 ,t]m9ation ,! ,secret>y may n c>ry  
out ! fe$/ock flexibility program "u    

subsection 7b7 = ! #bjbj or subsequ5t   
crops ( eligible commodities4  4  #d4   
,two-ye> ext5sion ( m>ket+ allotm5ts =  
sug> & subsequ5t adm9i/ration (         
t>iff-rate quotas  7a7 ,flexible m>ket+ 
allotm5ts = sug>  7#a7 ,sug> e/imates   
,section #cei;b7a77#a7 ( ! ,agricultural
 ,adju/m5t ,act ( #aich 7#g ,u4,s4,c4   
#acei;bb7a77#a77 is am5d$ by /rik+ #bjah
 & ins]t+ #bjbj4  7#b7 ,effective p]iod 
,section #ceil7a7 ( ! ,agricultural     
,adju/m5t ,act ( #aich 7#g ,u4,s4,c4    
#aceill7a77 is am5d$ by /rik+ #bjah &   
ins]t+ #bjbj4  7#c7 ,transition to f9al 
/ocks to use ratio ,section #ceik7b7 ( !
 ,agricultural ,adju/m5t ,act ( #aich   
7#g ,u4,s4,c4 #aceikk7b77 is am5d$ by   
add+ at ! end ! foll[+ new p>agraph3    
7#c7 ,/ocks-to-use ratio ,not)/&+       
p>agraphs 7#a7 & 7#b71 ! ,secret>y %all 
adju/ t>iff-rate quotas e/abli%$ "u     
subsection 7a7 9 su* a mann] z to       
ensure1 to ! maximum ext5t practicable1 
t--  7,a7 ! f9al ratio ( sug> /ocks to  
total sug> use at ! end ( a crop ye> w  

be approximately-- 7i7 #ad4e p]c5t =    
fiscal ye> #bjai2 &  7ii7 #ae p]c5t =   
fiscal ye> #bjbj2 &  7,b7 /ocks ( raw   
cane & ref9$ beet sug> are adequate     
?r\gh\t ! crop ye> to meet ! ne$s ( !   
m>ketplace1 includ+ ! effici5t          
utilization ( cane ref9+ capacity4  4   
7b7 ,repeal & replacem5t  7#a7 ,9 g5]al 
,effective ,octob] #a1 #bjbj1 "p ,,vii (
 subtitle ,b ( title ,,iii ( !          
,agricultural ,adju/m5t ,act ( #aich 7#g
 ,u4,s4,c4 #acei;aa et seq47 is am5d$ to
 read z foll[s3  ,,vii ,sug>  #cei4     
,adm9i/ration ( t>iff-rate quotas  7a7  
,e/abli%m5t ,not)/&+ any o!r provision (
 law1 at ! beg9n+ ( fiscal ye> #bjba &  
ea* fiscal ye> !reaft] ?r\gh ! end ( !  
effective p]iod1 ! ,secret>y %all       
e/abli% ! t>iff-rate quotas = raw cane  
sug> & ref9$ sug> to provide adequate   
supplies ( sug> at reasonable prices1 b 
at no less ?an ! m9imum level necess>y  
to comply ) obligations "u int]national 
trade agreem5ts t h be5 approv$ by      
,congress4  7b7 ,adju/m5t au?ority ,!   

,secret>y %all adju/ t>iff-rate quotas  
e/abli%$ "u subsection 7a7 9 su* a mann]
 z to ensure1 to ! maximum ext5t        
practicable1 t--  7#a7 ! f9al ratio (   
sug> /ocks to total sug> use at ! end ( 
a fiscal ye> w be approximately #ae4e   
p]c5t = fiscal ye> #bjba & ea* fiscal   
ye> !reaft] ?r\gh ! end ( ! effective   
p]iod2 &  7#b7 /ocks ( raw cane & ref9$ 
beet sug> are adequate ?r\gh\t ! crop   
ye> to meet ! ne$s ( ! m>ketplace1      
includ+ ! effici5t utilization ( cane   
ref9+ capacity4  7c7 ,transf] ( quota   
%>es  7#a7 ,9 g5]al ,! ,secret>y %all   
promulgate regulations t-- 7,a7 promote 
full use ( ! t>iff-rate quotas = raw    
cane sug> & ref9$ sug> & ensure adequate
 supplies = cane ref9]s 9 ! ,unit$      
,/ates2  7,b7 provide t any c\ntry t has
 be5 allocat$ a %>e ( ! quotas may      
tempor>ily transf] all or "p ( ! %>e to 
any o!r c\ntry t has also be5 allocat$ a
 %>e ( ! quotas4  7#b7 ,transf]s        
volunt>y ,any transf] "u ?is subsection 
%all be valid only pursuant to a        

volunt>y agreem5t betwe5 ! transf]or & !
 transf]ee1 consi/5t ) proc$ures        
e/abli%$ by ! ,secret>y4  7#c7          
,limitations on transf]s ) respect to   
fiscal ye>  7,a7 ,9 g5]al ,any transf]  
"u ?is subsection %all be valid only = !
 duration ( ! fiscal ye> dur+ :i* !     
transf] is made4  7,b7 ,foll[+ fiscal   
ye> ,no transf] "u ?is subsection %all  
affect ! %>e ( ! quota allocat$ to !    
transf]or or transf]ee = ! foll[+ fiscal
 ye>4  7d7 ,effective p]iod ,?is section
 %all be effective = fiscal ye>s only   
?r\gh ! #bjbc crop ye> = sug>4  4  7#b7 
,cont9u$ application ( prior law to     
c]ta9 sug> crops ,"p ,,vii ( subtitle ,b
 ( title ,,iii ( ! ,agricultural        
,adju/m5t ,act ( #aich 7#g ,u4,s4,c4    
#acei;aa et seq471 z 9 effect on ! day  
be=e ! date specifi$ 9 p>agraph 7#a71   
%all cont9ue to apply to ! #bjai & #bjbj
 crop ye>s = sug>4  #e4 ,s5se (         
,congress ,x is ! s5se ( ,congress t !  
,presid5t %\ld e/abli%1 z major goals ( 
! ,unit$ ,/ates trade policy1 ! foll[+3 

7#a7 ,! elim9ation ( all direct &       
indirect subsidies b5efitt+ ! production
 or export ( sug> by any gov]nm5t4  7#b7
 ,! en=cem5t1 negotiation1 &            
implem5tation ( trade agreem5ts t       
provide comm]cially mean+ful sug> trade 
lib]alization globally & enhance trade  
opportunities = ,unit$ ,/ates           
agriculture & all sectors ( ! ,unit$    
,/ates economy4