Burley Buy-out Act of 2001
Last action on May 15, 2001Executive Comment Requested from USDA.
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Summary
Burley Buy-out Act of 2001 - Directs the Secretary of Agriculture, with respect to Burley tobacco, to: (1) eliminate price supports and market quotas beginning with the 2002 crop; (2) provide eligible quota holders with FY 2002 compensation for loss of tobacco quota asset value, and eligible producers with transition assistance through FY 2007; and (3) provide economically affected States with rural economic assistance grants through FY 2007.
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