7 U.S.C. § 1446c–1 — Reduction of dairy product inventories
submitted 45 years ago by Pub. L. 97-98 to r/title-7-AGRICULTURE · 105 words · no verdicts yet
This section directs the Secretary of Agriculture to use available authorities to reduce Commodity Credit Corporation dairy inventories. It includes exports at no less than prevailing world prices and ties the goal to estimated milk price-support outlays.
The Secretary of Agriculture must utilize, to the fullest extent practicable, the authorities under the Commodity Credit Corporation Charter Act [ 15 U.S.C. 714 et seq.] (including exportation of dairy products at at least prevailing world market prices), the Food for Peace Act [ 7 U.S.C. 1691 et seq.], and other authorities available to the Secretary to reduce inventories of dairy products held by the Commodity Credit Corporation so as to reduce net Commodity Credit Corporation expenditures to the estimated outlays for the milk price support program used in developing budget outlays under the Congressional Budget Act of 1974 for the appropriate fiscal year.
The Secretary of Agriculture shall utilize, to the fullest extent practicable, the authorities under the Commodity Credit Corporation Charter Act [15 U.S.C. 714 et seq.] (including exportation of dairy products at not less than prevailing world market prices), the Food for Peace Act [7 U.S.C. 1691 et seq.], and other authorities available to the Secretary to reduce inventories of dairy products held by the Commodity Credit Corporation so as to reduce net Commodity Credit Corporation expenditures to the estimated outlays for the milk price support program used in developing budget outlays under the Congressional Budget Act of 1974 for the appropriate fiscal year.
Source credit: (Pub. L. 97–98, title I, § 106, Dec. 22, 1981, 95 Stat. 1220; Pub. L. 110–246, title III, § 3001(b)(1)(A), (2)(A), June 18, 2008, 122 Stat. 1820.)
- 1981Enacted · Pub. L. 97-98 · 95 Stat. 1220
- 2008Amended · Pub. L. 110-246 · 122 Stat. 1820
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-98 on 1981-12-22.
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