7 U.S.C. § 1747 — Authorization of appropriations; determination of value of transferred commoditytransferred
submitted 72 years ago by ch. 1041 to r/title-7-AGRICULTURE · 87 words · no verdicts yet
Congress may appropriate money to reimburse the Commodity Credit Corporation for commodities transferred to the national stockpile. The value is the lower of domestic market price and the Corporation’s investment at transfer.
In order to make payment to the Commodity Credit Corporation for any commodities transferred to the national stockpile pursuant to section 1743(a)(4) of this title, there are authorized to be appropriated amounts equal to the value of any commodities so transferred. The value of any commodity so transferred, for the purpose of this section, shall be the lower of the domestic market price or the Commodity Credit Corporation’s investment therein as of the date of transfer to the stockpile, as determined by the Secretary of Agriculture
Source credit: (Aug. 28, 1954, ch. 1041, title I, § 107, 68 Stat. 898.)
- 1954Enacted · Act of Aug. 28, 1954, ch. 1041 · 68 Stat. 898
A history note hasn’t been published yet. The record shows enactment by ch. 1041 on 1954-08-28.
all 0 arguments · sorted by: best
no arguments yet — make the first case