7 USC § 1447 - Price support levels for other nonbasic agricultural commodities
The Secretary is authorized to make available through loans, purchases, or other operations price support to producers for any nonbasic agricultural commodity not designated in sections
1446,
1446a, and
1446d
[1]
of this title at a level not in excess of 90 per centum of the parity price for the commodity.
[1] See References in Text note below.
The Secretary is authorized to make available through loans, purchases, or other operations price support to producers for any nonbasic agricultural commodity not designated in sections
1446,
1446a, and
1446d
[1]
of this title at a level not in excess of 90 per centum of the parity price for the commodity.
[1] See References in Text note below.
Source
(Oct. 31, 1949, ch. 792, title III, § 301,63 Stat. 1053; Pub. L. 95–113, title X, § 1003(a),Sept. 29, 1977, 91 Stat. 950.)
References in Text
Section
1446d of this title, referred to in text, was omitted from the Code.
Amendments
1977—Pub. L. 95–113temporarily inserted provisions authorizing Secretary to make price support available for the 1978 through 1981 crops of flaxseed, dry edible beans, gum naval stores, and, in the case of the 1979 through 1981 crops, sugar beets and sugar cane, and for other nonbasic undesignated commodities. See Effective and Termination Dates of 1977 Amendment note below.
Effective and Termination Dates of 1977 Amendment
Section 1003(a) ofPub. L. 95–113provided that the amendment made by that section is effective only with respect to 1978 through 1981 crops.
Inapplicability of Section
Section inapplicable to 2002 through 2007 crops of covered commodities, peanuts, and sugar and inapplicable to milk during period beginning May 13, 2002, through Dec. 31, 2007, see section
7992
(b)(9) of this title.
Section inapplicable to 1996 through 2002 crops of loan commodities, peanuts, and sugar and inapplicable to milk during period beginning Apr. 4, 1996, and ending Dec. 31, 2002, see section
7301
(b)(1)(I) of this title.
Elimination of Wool and Mohair Programs
Pub. L. 103–130, § 3(c),Nov. 1, 1993, 107 Stat. 1369, provided that: “Effective beginning December 31, 1995, the Secretary of Agriculture may not provide loans or payments for wool or mohair by using the funds of the Commodity Credit Corporation or under the authority of any law.”
Other Price Support Programs in Effect on September 29, 1977
Section 1003(b) ofPub. L. 95–113provided that: “The amendment made by this section [amending this section] to the Agricultural Act of 1949 shall not be operative in any manner with respect to any price support program in effect on the date of enactment of this Act [Sept. 29, 1977].”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Friday, May 3, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
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