A bill to amend the Agricultural Act of 1949 to ensure that the interest rates on price support loans for upland cotton are not less favorable to producers than the interest rates for such loans on other commodities.
Public Law 95-402 · S. 3468 · 95th Congress · began in the Senate
Signed by Jimmy Carter (D) on Sep 30, 1978 · Agriculture and Food
Sponsor: Sen. Herman Talmadge (D-GA)
Cosponsors: None
Passage votes
- HouseMethod not stated
- SenateMethod not stated
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
Amends the Agricultural Act of 1949 to repeal the requirement that interest rates on cotton price support loans be based on the lowest current interest rate on ordinary obligations of the United States, in order to insure that such interest rates are not less favorable to producers than the interest rates for such loans on other commodities.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 10 actions.
- Sep 30, 1978Became lawBecame law · Signed by President.
- PresidentPresident · Public Law 95-402.
- Sep 20, 1978PresidentPresident · Measure presented to President.
- PresidentPresident · Measure enrolled in Senate.
- PresidentPresident · Measure enrolled in House.
- Sep 18, 1978FloorFloor · Measure passed House, in lieu of H.R. 13675.
- FloorFloor · Measure called up by unanimous consent in House.
- Sep 8, 1978FloorFloor · Measure passed Senate.
- Aug 25, 1978CommitteeCommittee · Reported by Senate Agriculture, Nutrition, and Forestry Committee
- IntroducedIntroduced · Introduced in the Senate
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.