,,ii #aafth ,,congress #ast ,session ,s4 #befh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,september #bf1 #bjai ,mrs4 ,shaheen 7for herself1 ,mr4 ,toomey1 ,mr4 ,alexander1 ,mr4 ,casey1 ,ms4 ,collins1 ,mr4 ,durbin1 ,mrs4 ,feinstein1 ,ms4 ,hassan1 ,mr4 ,menendez1 ,mr4 ,coons1 ,mr4 ,portman1 ,mr4 ,warner1 ,ms4 ,warren1 ,mr4 ,johnson1 ,mr4 ,kaine1 and ,mr4 ,markey7 introduced the following bill2 which was read twice and referred to the ,committee on ,agriculture1 ,nutrition1 and ,forestry ,a ,,bill ,to reform the ,federal sugar program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,fair ,sugar ,policy ,act of #bjai4 #b4 ,sugar program ,section #aef7;a7 of the ,federal ,agriculture ,improvement and ,reform ,act of #aiif 7#g ,u4,s4,c4 #gbgb7;a77 is amended-- 7#a7 in paragraph 7#d71 by striking and at the end2 and 7#b7 in paragraph 7#e71 by striking each of the #bjai through #bjbc crop years4 and inserting the following3 8the #bjai crop year2 and 7#f7 #ah4ge cents per pound for raw cane sugar for each of the #bjbj through #bjbd crop years4 4 #c4 ,flexible marketing allotments for sugar repealed ,part ,,vii of subtitle ,b of title ,,iii of the ,agricultural ,adjustment ,act of #aich 7#g ,u4,s4,c4 #acei;aa et seq47 is amended to read as follows3 ,,vii ,administration of ,tariff ,rate ,quotas #cei;a4 ,tariff rate quotas 7a7 ,in general ,at the beginning of each quota year1 the ,secretary shall establish the tariff-rate quotas for raw cane sugar and refined sugar at a level that is not less than the minimum level necessary to comply with obligations under international trade agreements that ,congress has approved4 7b7 ,adjustment 7#a7 ,in general ,subject to subsection 7a71 the ,secretary shall adjust the tariff-rate quotas for raw cane sugar and refined sugar to provide adequate supplies of sugar at reasonable prices in the domestic market4 7#b7 ,ending stocks ,subject to paragraphs 7#a7 and 7#c71 the ,secretary shall establish and adjust tariff-rate quotas so that the ratio of sugar stocks to total sugar use at the end of each quota year shall be approximately #ae4e percent4 7#c7 ,maintenance of reasonable prices and avoidance of forfeitures 7,a7 ,in general ,the ,secretary may establish a different target percentage for the ratio of ending stocks to total use described in paragraph 7#b7 if the ,secretary determines the different target percentage is necessary to prevent-- 7i7 unreasonably high prices2 or 7ii7 forfeitures of sugar pledged as collateral for a loan under section #aef of the ,federal ,agriculture ,improvement and ,reform ,act of #aiif 7#g ,u4,s4,c4 #gbgb74 7,b7 ,announcement ,the ,secretary shall publicly announce an establishment of a target percentage under this paragraph4 7#d7 ,considerations ,in establishing tariff-rate quotas under subsection 7a7 and making adjustments under this subsection1 the ,secretary shall consider the impact of the quotas on consumers1 workers1 businesses 7including small businesses71 and agricultural producers4 7c7 ,temporary transfer of quotas 7#a7 ,in general ,to promote the full use of the tariff-rate quotas for raw cane sugar and refined sugar established or adjusted under subsection 7a7 or 7b71 respectively1 the ,secretary shall promulgate regulations that provide that a country that has been allocated a share of the quotas may temporarily transfer all or part of the share to another country that has also been allocated a share of the quotas4 7#b7 ,transfers voluntary ,a transfer under this subsection shall be valid only on voluntary agreement between the transferor and the transferee1 consistent with procedures established by the ,secretary4 7#c7 ,transfers temporary 7,a7 ,in general ,a transfer under this subsection shall be valid only for the duration of the quota year during which the transfer is made4 7,b7 ,following quota year ,no transfer under this subsection shall affect the share of the quota allocated to the transferor or transferee for the following quota year4 4 #d4 ,repeal of feedstock flexibility program for bioenergy producers ,section #ijaj of the ,farm ,security and ,rural ,investment ,act of #bjjb 7#g ,u4,s4,c4 #haaj7 is repealed4