Sec. 1402. Class I skim milk price
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Section 8c(5)(A) of the Agricultural Adjustment Act ( 7 U.S.C. 608c(5)(A) ), reenacted with amendments by the Agricultural Marketing Agreement Act of 1937, is amended by striking Throughout the 2-year period and all that follows through such handlers. and inserting the following new sentence: Throughout the 2-year period beginning on the effective date of this sentence (and subsequent to such 2-year period unless modified by amendment to the order involved), for purposes of determining prices for milk of the highest use classification, the Class I skim milk price per hundredweight specified in section 1000.50(b) of title 7, Code of Federal Regulations (or successor regulation), shall be the sum of the adjusted Class I differential specified in section 1000.52 of such title 7, plus the adjustment to Class I prices specified in sections 1005.51(b), 1006.51(b), and 1007.51(b) of such title 7 (or successor regulation), plus the simple average of the advanced pricing factors computed in sections 1000.50(q)(1) and 1000.50(q)(2) of such title 7 (or successor regulation), plus $0.74. .
The amendment made by subsection
(a)shall take effect on the first day of the first month beginning more than 120 days after the date of the enactment of this Act. Implementation of the amendment made by subsection
(a)is not subject to any of the following: The notice and comment provisions of section 553 of title 5, United States Code. The notice and hearing requirements of paragraphs
(3)and
(4)of section 8c of the Agricultural Adjustment Act ( 7 U.S.C. 608c ), reenacted with amendments by the Agricultural Marketing Agreement Act of 1937. The order amendment requirements of section 8c(17) of such Act ( 7 U.S.C. 608c(17) ). A referendum under section 8c(19) of such Act ( 7 U.S.C. 608c(19) ).
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Sec. 1402
Class I skim milk price
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