Search results
Results from the WOW.Com Content Network
Long title: An Act to relieve the existing national economic emergency by increasing agricultural purchasing power, to raise revenue for extraordinary expenses incurred by reason of such emergency, to provide emergency relief with respect to agricultural indebtedness, to provide for the orderly liquidation of joint-stock land banks, and for other purposes.
This is an article about the "Agricultural Adjustment Act of 1938". For the act by the same name in 1933, see Agricultural Adjustment Act.. The Agricultural Adjustment Act of 1938 (Pub. L. 75–430, 52 Stat. 31, enacted February 16, 1938) was legislation in the United States that was enacted as an alternative and replacement for the farm subsidy policies, in previous New Deal farm legislation ...
Agricultural Adjustment Act Amendment of 1935; Other short titles: Potato Control Act of 1935: Long title: An Act to amend the Agricultural Adjustment Act, and for other purposes. Enacted by: the 74th United States Congress: Effective: August 24, 1935: Citations; Public law: 74-320: Statutes at Large: 49 Stat. 750: Codification; Titles amended ...
Back in 1933, during the height of the Great Depression, the Supplemental Nutrition Assistance Program (SNAP) was built out as part of the Agricultural Adjustment Act. The purpose of the program ...
United States v. Butler, 297 U.S. 1 (1936), is a U.S. Supreme Court case that held that the U.S. Congress has not only the power to lay taxes to the level necessary to carry out its other powers enumerated in Article I of the U.S. Constitution, but also a broad authority to tax and spend for the "general welfare" of the United States. [1]
The Agricultural Adjustment Act received its trial in the case of United States v. Butler, [45] announced January 6, 1936. The AAA had created an agricultural regulatory program with a supporting processing tax; the revenue raised was then specifically used to pay farmers to reduce their acreage and production, which would in turn reduce ...
The 1934 version of the Jones-Costigan Act was overturned in 1936 when the Supreme Court ruled the Agricultural Adjustment Act unconstitutional in United States v. Butler. The bill contained a subsidy for growers, supported by a tax levied on processors. In the case of sugar, the tax amounted to one half cent per pound.
By limiting supply, the Act explicitly sought to raise prices and reestablish the relative purchasing power of farmers that had prevailed from 1909 to 1914. [11] These efforts did raise prices; but by 1938 the farm commodity price ratio was still at only 77 percent of pre-war parity. In 1940, agricultural prices were only 65 percent of 1929 prices.