The S. 275 legislation was passed by the 95th U.S. Congressional session and signed into law by the 39th President of the United States Jimmy Carter on September 29, 1977.

[1] It increased price and income supports and established a farmer-owned reserve for grain.

Under the peanut program, producers were given an acreage allotment on which a poundage quota was set.

[2] Title XIV was designated the National Agricultural Research, Extension, and Teaching Policy Act and made USDA the leading federal agency for agricultural research, extension, and teaching programs.

Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF).