No reference price may exceed 113 percent of the listed price
To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10301, Sec. 10301.
Written by .
No reference price may exceed 113 percent of the listed price
The document says “shall not”Who acts: Secretary of AgricultureHow: statuteSec. 10301 in the PDF
What the document says
“In no case shall a reference price for a covered commodity exceed 113 percent of the reference price for such covered commodity listed in subparagraph (A).”
The section caps each reference price at 113 percent of the price listed for that commodity in subparagraph (A).
What the document actually says
“In no case shall a reference price for a covered commodity exceed 113 percent of the reference price for such covered commodity listed in subparagraph (A).”
That sentence, in plain words
A price may never go above a set limit. That limit is 113 percent of the listed price.
What this is about
The yearly rise stops once it hits the cap. The cap is worked out from the price in the list. It is fixed for each crop.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 10301, 139 Stat. 86 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm
This page
“No reference price may exceed 113 percent of the listed price,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 10301, Sec. 10301. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec10301-ceiling/ (retrieved October 10, 2026).
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