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7 U.S.C. § 724 — Omitted

Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 724 — Omitted

### Statutory Notes #### Codification Section, act Apr. 21, 1934, ch. 157, § 24, 48 Stat. 607, authorized Secretary of Agriculture to develop new and extended uses for cotton, and made available not to exceed $500,000 out of funds available to Secretary under [section 612 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section612&num=0&edition=prelim).

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Source location: Title 7, Chapter 27, § 724; chapter-027-cotton-marketing.md

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 612 — Appropriation; use of revenues; administrative expenses

**(a)** There is appropriated, out of any money in the Treasury not otherwise appropriated, the sum of $100,000,000 to be available to the Secretary of Agriculture for administrative expenses under this chapter, and for payments authorized to be made under [section 608 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section608&num=0&edition=prelim). Such sum shall remain available until expended.To enable the Secretary of Agriculture to finance under such terms and conditions as he may prescribe, surplus reductions with respect to the dairy- and beef-cattle industries, and to carry out any of the purposes described in subsections (a) and (b) of this section and to support and balance the markets for the dairy and beef cattle industries, there is authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, the sum of $200,000,000: Provided, That not more than 60 per centum of such amount shall be used for either of such industries. **(b)** In addition to the foregoing, for the purpose of effectuating the declared policy of this chapter, a sum equal to the proceeds derived from all taxes imposed under this chapter is appropriated to be available to the Secretary of Agriculture for (1) the acquisition of any agricultural commodity pledged as security for any loan made by any Federal agency, which loan was conditioned upon the borrower agreeing or having agreed to cooperate with a program of production adjustment or marketing adjustment adopted under the authority of this chapter, and (2) the following purposes under this chapter: Administrative expenses, payments authorized to be made under [section 608 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section608&num=0&editi

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Federal law — U.S. Code and appendices · legal_authorities

7 U.S.C. § 724 — Omitted

Page 516 TITLE 7—AGRICULTURE § 724 tions 701 to 723, provided that no tax, civil penalty, or interest which accrued under any provision of law re- pealed by said act Feb. 10, 1936, and which was uncol- lected on date of enactment of said act Feb. 10, 1936, was to be collected; and all liens for taxes, civil pen- alties, or interest arising out of taxes under such provi- sions of law were cancelled and released. APPROPRIATIONS FOR REFUNDS AND PAYMENTS OF PROCESSING AND RELATED TAXES AND LIMITATIONS THEREON Acts June 25, 1938, ch. 681, 52 Stat. 1150; May 6, 1939, ch. 115, § 1, 53 Stat. 661, 662; Feb. 12, 1940, ch. 28, § 1, 54 Stat. 36; Mar. 25, 1940, ch. 71, title I, 54 Stat. 61; May 31, 1941, ch. 156, title I, § 1, 55 Stat. 219; Mar. 10, 1942, ch. 178, title I, § 1, 56 Stat. 156; June 30, 1943, ch. 179, title I, 57 Stat. 257; Apr. 22, 1944, ch. 175, title I, § 1, 58 Stat. 201; Apr. 24, 1945, ch. 92, title I, 59 Stat. 62; July 20, 1946, ch. 588, title I, 60 Stat. 574. § 724. Omitted Editorial Notes CODIFICATION Section, act Apr. 21, 1934, ch. 157, § 24, 48 Stat. 607, au- thorized Secretary of Agriculture to develop new and extended uses for cotton, and made available not to ex- ceed $500,000 out of funds available to Secretary under section 612 of this title. § 725. Repealed. Feb. 10, 1936, ch. 42, 49 Stat. 1106 Section, act Apr. 21, 1934, ch. 157, § 25, as added June 20, 1934, ch. 687, 48 Stat. 1184, related to issuance of tax exemption certificates. Statutory Notes and Related Subsidiaries COLLECTION OF UNPAID TAXES Act Mar. 2, 1936, ch. 112, 49 Stat. 1155, amending act Feb. 10, 1936, ch. 42, 49 Stat. 1106, which repealed this section provided that no tax, civil penalty, or interest which accrued under any provision of law repealed by said act

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