National Wool Act of 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]

National Wool Act of 1954
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

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

References
  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.
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