Back Y Ddeddf Unioni Amaethyddol Welsh Agricultural Adjustment Act Danish Agricultural Adjustment Act Esperanto Ley de Ajuste Agrícola Spanish Agricultural Adjustment Act French 農業調整法 Japanese 농업조정법 Korean Agricultural Adjustment Administration Dutch Lei de Ajuste Agrícola Portuguese Закон о регулировании сельского хозяйства Russian

Agricultural Adjustment Act

This article is about the Agricultural Adjustment Act of 1933. For the act by the same name in 1938, see Agricultural Adjustment Act of 1938.
Agricultural Adjustment Act (AAA)
Great Seal of the United States
Other short titles
  • Agricultural Adjustment Act of 1933
  • The Farm Relief Bill
Long titleAn 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.
Enacted bythe 73rd United States Congress
EffectiveMay 13, 1933
Citations
Public lawPub. L. 73–10
Statutes at Large48 Stat. 31
Codification
Titles amended7 U.S.C.: Agriculture
U.S.C. sections created7 U.S.C. ch. 26 § 601 et seq.
Legislative history
  • Introduced in the House as H.R. 3835
  • Passed the House on March 22, 1933 (315-98)
  • Passed the Senate on April 28, 1933 (64-20)
  • Reported by the joint conference committee on May 10, 1933; agreed to by the House on May 10, 1933 (passed) and by the Senate on May 10, 1933 (53-28)
  • Signed into law by President Franklin D. Roosevelt on May 12, 1933[1]
United States Supreme Court cases

The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. The money for these subsidies was generated through an exclusive tax on companies that processed farm products. The Act created a new agency, the Agricultural Adjustment Administration, also called "AAA" (1933–1942), an agency of the U.S. Department of Agriculture, to oversee the distribution of the subsidies.[2][3][4] The Agriculture Marketing Act, which established the Federal Farm Board in 1929, was seen as an important precursor to this act.[5][6] The AAA, along with other New Deal programs, represented the federal government's first substantial effort to address economic welfare in the United States.[7]

  1. ^ Rasmussen, Wayne D.; Baker, Gladys L.; Ward, James S. (March 1976). "A Short History of Agricultural Adjustment, 1933-75". Agriculture Information Bulletin, No. 391. Economic Research Service, United States Department of Agriculture: 2. Retrieved 15 May 2023.
  2. ^ Agricultural Adjustment Act, Pub. L. 73–10, 48 Stat. 31, enacted May 12, 1933.
  3. ^ Peters, Gerhard; Woolley, John T. "Franklin D. Roosevelt: "Statement on Signing the Farm Relief Bill" May 12, 1933". The American Presidency Project. University of California – Santa Barbara. Retrieved July 4, 2013.
  4. ^ Hurt, R. Douglas, Problems of Plenty: The American Farmer in the Twentieth Century, (Chicago: Ivan R. Dee, 2002), 69.
  5. ^ Harris Gaylord Warren, Herbert Hoover and the Great Depression (New York: Oxford University Press, 1969), p. 175.
  6. ^ "The New Deal Farm Program". The Depression Begins: President Hoover Takes Command. Ludwig von Mises Institute.
  7. ^ Gates, Staci L. 2006. "Agricultural Adjustment Act of 1933." Federalism in American: An Encyclopedia.
From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne