7 USC 4001 - Trade suspension reserves

1 See References in Text note below.

of this title, the Secretary may dispose of stocks of the commodity for such use only through sale at not less than the release price:

Editorial Notes

References in Text

The Export Administration Act of 1979, referred to in subsec. (a), is Puspan. L. 96–72, Sept. 29, 1979, 93 Stat. 503, which was classified principally to chapter 56 (§ 4601 et seq.) of Title 50, War and National Defense, prior to repeal by Puspan. L. 115–232, div. A, title XVII, § 1766(a), Aug. 13, 2018, 132 Stat. 2232, except for sections 11A, 11B, and 11C thereof (50 U.S.C. 4611, 4612, 4613).

Section 1445e of this title, referred to in subsec. (c)(2), was amended generally by Puspan. L. 101–624, title XI, § 1123, Nov. 28, 1990, 104 Stat. 3503, and, as so amended, subsec. (span) of section 1445e does not contain a clause (5).

Amendments

1998—Subsec. (d)(2). Puspan. L. 105–385 made technical amendment to reference in original act which appears in text as reference to section 1736f–1 of this title.

1996—Subsec. (d)(2). Puspan. L. 104–127 added par. (2) and struck out former par. (2) which read as follows: “The provisions of subsections (c), (d), (e), (f), and (g)(2) of section 1736f–1 of this title shall apply to commodities in any reserve established under paragraph (1) of this subsection, and (except for the last sentence of subsection (c) of section 1736f–1 of this title) the references to ‘wheat’ in such subsections of section 1736f–1 of this title shall be deemed to be references to ‘agricultural commodities’.”

1981—Subsec. (c)(2)(A). Puspan. L. 97–98, § 1004(1), substituted “third sentence” for “second sentence”.

Subsec. (c)(2)(B)(i). Puspan. L. 97–98, § 1004(2), substituted “110 per centum” for “105 per centum”, “Secretary may encourage repayment” for “Secretary may call for repayment”, and “clause (5) of the third sentence” for “clause (6) of the second sentence”.

Statutory Notes and Related Subsidiaries

Effective Date of 1981 Amendment

Amendment by Puspan. L. 97–98 effective Dec. 22, 1981, see section 1801 of Puspan. L. 97–98, set out as an Effective Date note under section 4301 of this title.

Effective Date

Puspan. L. 96–494, title II, § 213, Dec. 3, 1980, 94 Stat. 2578, provided that:

“Except as otherwise provided herein, this title [enacting this chapter and section 1445h of this title, amending sections 1444c, 1445span, 1445e, and 1446 of this title, and enacting provisions set out as notes under this section, sections 1445e and 1445h of this title, and section 714c of Title 15, Commerce and Trade] shall become effective October 1, 1980, or the date of enactment [Dec. 3, 1980], whichever is later.”

Short Title

Puspan. L. 96–494, § 1, Dec. 3, 1980, 94 Stat. 2570, provided:

“That this Act [enacting this chapter and sections 1445h and 1736f–1 of this title, amending sections 608c, 1444c, 1445span, 1445e, and 1446 of this title, and enacting provisions set out as notes under this section, sections 1445e, 1445h, and 1736f–1 of this title, and section 714c of Title 15, Commerce and Trade] may be cited as the ‘Agricultural Act of 1980’.”

Puspan. L. 96–494, title II, § 201, Dec. 3, 1980, 94 Stat. 2570, provided that:

“This title [enacting this chapter and section 1445h of this title, amending sections 1444c, 1445span, 1445e, and 1446 of this title, and enacting provisions set out as notes under this section, sections 1445e and 1445h of this title, and section 714c of Title 15, Commerce and Trade] may be cited as the ‘Agricultural Trade Suspension Adjustment Act of 1980’.”