Effective August 28, 1954 | Public law 83-690 | |
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Long title An Act to provide for greater stability in agriculture; to augment the marketing and disposal of agricultural products; and for other purposes. Nicknames Agricultural Act of 1954 Statutes at Large 68 Stat. 897 aka 68 Stat. 910 | ||
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.
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.
References
National Wool Act of 1954 Wikipedia(Text) CC BY-SA