Source
(July 10, 1954, ch. 469, title IV, § 403, as added Pub. L. 86–341, title I, § 14,Sept. 21, 1959, 73 Stat. 610; amended Pub. L. 87–703, title II, § 201(3),Sept. 27, 1962, 76 Stat. 611; Pub. L. 88–638, § 1(17),Oct. 8, 1964, 78 Stat. 1037; Pub. L. 89–808, § 2(E),Nov. 11, 1966, 80 Stat. 1536; Pub. L. 95–113, title XII, § 1206,Sept. 29, 1977, 91 Stat. 956; Pub. L. 96–533, title IV, § 407,Dec. 16, 1980, 94 Stat. 3151; Pub. L. 97–98, title XII, § 1214,Dec. 22, 1981, 95 Stat. 1282; Pub. L. 101–624, title XV, § 1512,Nov. 28, 1990, 104 Stat. 3646; Pub. L. 102–237, title III, § 321,Dec. 13, 1991, 105 Stat. 1857; Pub. L. 104–127, title II, § 213,Apr. 4, 1996, 110 Stat. 956; Pub. L. 107–171, title III, § 3009(a),May 13, 2002, 116 Stat. 283.)
References in Text
The Food for Progress Act of 1985, referred to in subsec. (l)(1)(C), is
Pub. L. 99–198, title XI, § 1110,Dec. 23, 1985,
99 Stat. 1472, as amended, which is classified to section
1736o of this title.
Amendments
2002—Subsec. (e).
Pub. L. 107–171, § 3009(a)(1), designated existing provisions as par. (1), inserted heading, and added par. (2).
Subsec. (l).
Pub. L. 107–171, § 3009(a)(2), added subsec. (l).
1996—Subsec. (b).
Pub. L. 104–127, § 213(1), inserted heading and struck out former heading “Consultations” and in text struck out “consult with representatives from the International Monetary Fund, the International Bank for Reconstruction and Development, the World Bank, and other donor organizations to” before “ensure that”.
Subsec. (c).
Pub. L. 104–127, § 213(2), struck out “from countries” after “require commitments” and substituted “or use for other” for “for use for other”.
Subsec. (f).
Pub. L. 104–127, § 213(3), inserted “or private entities, as appropriate,” after “from countries” and “or private entities” after “such countries”.
Subsec. (i)(2)(C).
Pub. L. 104–127, § 213(4), struck out heading and text of subpar. (C). Text read as follows: “Not later than 30 days after an authorization is provided under subparagraph (B), the Secretary or the Administrator, as appropriate, shall prepare and submit to the appropriate committees of Congress a report concerning such authorization and include in any such report the reason for the authorization, including an explanation of why no alternatives to such handling or distribution were available.”
1991—Subsec. (i)(2)(C).
Pub. L. 102–237substituted “committees” for “Committees”.
1990—
Pub. L. 101–624amended section generally, substituting present provisions for provisions authorizing appropriations necessary for this chapter, classifying such expenditures under international affairs and finance rather than agriculture, valuing commodity, for purpose of reimbursing Commodity Credit Corporation, at price not greater than export market price at time commodity was made available, and authorizing President to transfer up to 15 percent of funding for any fiscal year from any subchapter of this chapter to any other subchapter.
1981—Subsec. (b).
Pub. L. 97–98inserted “a price not greater than”.
1980—Subsec. (c).
Pub. L. 96–533added subsec. (c).
1977—
Pub. L. 95–113designated existing provisions as subsec. (a) and added subsec. (b).
1966—
Pub. L. 89–808substituted provisions for authorization of appropriations, including reimbursement of Commodity Credit Corporation, and classification of expenditures, formerly covered in former section
1703
(a) of this title, for provision for payment for commodities, now provided for by section
1706
(a) of this title.
1964—
Pub. L. 88–638substituted “less than the minimum rate required by section
2161 of Title
22 for loans made under that section” for “more than the cost of the funds to the United States Treasury as determined by the Secretary of the Treasury, taking into consideration the current average market yields on outstanding marketable obligations of the United States having maturity comparable to the maturities of loans made by the President under this section”.
1962—
Pub. L. 87–703substituted “reasonable” for “approximately equal” annual amounts and provided for deferral of date for beginning annual payment.
Effective Date of 1990 Amendment
Amendment by
Pub. L. 101–624effective Jan. 1, 1991, see section 1513 of
Pub. L. 101–624, set out as a note under section
1691 of this title.
Effective Date of 1981 Amendment
Amendment by
Pub. L. 97–98effective Dec. 22, 1981, see section 1801 of
Pub. L. 97–98, set out as an Effective Date note under section
4301 of this title.
Effective Date of 1977 Amendment
Amendment by
Pub. L. 95–113effective Oct. 1, 1977, see section 1901 of
Pub. L. 95–113, set out as a note under section
1307 of this title.
Effective Date of 1966 Amendment
Amendment by
Pub. L. 89–808effective Jan. 1, 1967, see section 5 of
Pub. L. 89–808, set out as a note under section
1691 of this title.
Delegation of Functions
Functions of President under subsec. (j) of this section delegated to Secretary of State by section 4(b) of Ex. Ord. No. 12752, Feb. 25, 1991,
56 F.R.
8256, set out as a note under section
1691 of this title.