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7 U.S.C. § 7282 — Adjustments of loans

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

7 U.S.C. § 7282 — Adjustments of loans

**(a) Adjustment authority** The Secretary may make appropriate adjustments in the loan rates for any commodity for differences in grade, type, quality, location, and other factors. **(b) Manner of adjustment** The adjustments under the authority of this section shall, to the maximum extent practicable, be made in such manner that the average loan level for the commodity will, on the basis of the anticipated incidence of the factors, be equal to the level of support determined as provided in this chapter and title I of the Farm Security and Rural Investment Act of 2002 [[7 U.S.C. 7901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7901&num=0&edition=prelim) et seq.]. **(c) Adjustment on county basis** The Secretary may establish loan rates for a crop for producers in individual counties in a manner that results in the lowest such rate being 95 percent of the national average loan rate, except that such action shall not result in an increase in outlays. Adjustments under this subsection shall not result in an increase in the national average loan rate for any year.

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Source file: Laws/federal/codes/united-states-code/title-7/section-7282-adjustments-of-loans--d425ad8d40.md
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Source location: Title 7, Chapter 100, § 7282; chapter-100-agricultural-market-transition.md

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**(a) Adjustment authority** The Secretary may make appropriate adjustments in the loan rates for any commodity for differences in grade, type, quality, location, and other factors. **(b) Manner of adjustment** The adjustments under the authority of this section shall, to the maximum extent practicable, be made in such manner that the average loan level for the commodity will, on the basis of the anticipated incidence of the factors, be equal to the level of support determined as provided in this chapter and title I of the Farm Security and Rural Investment Act of 2002 [[7 U.S.C. 7901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7901&num=0&edition=prelim) et seq.]. **(c) Adjustment on county basis** The Secretary may establish loan rates for a crop for producers in individual counties in a manner that results in the lowest such rate being 95 percent of the national average loan rate, except that such action shall not result in an increase in outlays. Adjustments under this subsection shall not result in an increase in the national average loan rate for any year.

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

7 U.S.C. § 7901 — Implementation funding and information management

**(a) Additional funds for administrative costs** (1) **In general** — The Secretary of Agriculture, acting through the Farm Service Agency, may use not more than $55,000,000 of funds of the Commodity Credit Corporation to cover administrative costs associated with the implementation of title I and the amendments made by that title. (2) **Availability** — The funds referred to in paragraph (1) shall remain available to the Secretary until expended. (3) **Set-aside** — Of the amount specified in paragraph (1), the Secretary shall use not less than $5,000,000, but not more than $8,000,000, to carry out subsection (b). **(b) Information management** (1) **Development of system** — The Secretary of Agriculture shall develop a comprehensive information management system, using appropriate technologies, to be used in implementing the programs administered by the Federal Crop Insurance Corporation and the Farm Service Agency. (2) **Elements** — The information management system developed under this subsection shall be designed to— (A) improve access by agricultural producers to programs described in paragraph (1); (B) improve and protect the integrity of the information collected; (C) meet the needs of the agencies that require the data in the administration of their programs; (D) improve the timeliness of the collection of the information; (E) contribute to the elimination of duplication of information collection; (F) lower the overall cost to the Department of Agriculture for information collection; and (G) achieve such other goals as the Secretary considers appropriate. (3) **Reconciliation of current information management** — The Secretary shall ensure that all current information of the Federal Crop Insurance Corporation and the Farm Service A

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

7 U.S.C. § 7201 — Short title and purpose

**(a) Short title** This chapter may be cited as the “Agricultural Market Transition Act”. **(b) Purpose** It is the purpose of this chapter— (1) to authorize the use of binding production flexibility contracts between the United States and agricultural producers to support farming certainty and flexibility while ensuring continued compliance with farm conservation and wetland protection requirements; (2) to make nonrecourse marketing assistance loans and loan deficiency payments available for certain crops; (3) to improve the operation of farm programs for milk, peanuts, and sugar; and (4) to establish a commission to undertake a comprehensive review of past and future production agriculture in the United States.

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

7 U.S.C. § 7282 — Adjustments of loans

Page 1990 TITLE 7—AGRICULTURE § 7281 1 So in original. Probably should be ‘‘known’’. 2000—Subsec. (e)(1). Pub. L. 106–387, § 1(a) [title VIII, § 836(1)(B)], substituted ‘‘The’’ for ‘‘Subject to para- graph (2), the’’. Pub. L. 106–387, § 1(a) [title VIII, § 836(1)(A)], sub- stituted ‘‘nonrecourse’’ for ‘‘recourse’’. Subsec. (e)(2), (3). Pub. L. 106–387, § 1(a) [title VIII, § 836(2)–(4)], redesignated par. (3) as (2), substituted ‘‘The Secretary shall’’ for ‘‘If the Secretary is required under paragraph (2) to make nonrecourse loans avail- able during a fiscal year or to change recourse loans into nonrecourse loans, the Secretary shall’’, and struck out heading and text of former par. (2). Text read as follows: ‘‘During any fiscal year in which the tariff rate quota for imports of sugar into the United States is established at, or is increased to, a level in ex- cess of 1,500,000 short tons raw value, the Secretary shall carry out this section by making available non- recourse loans. Any recourse loan previously made available by the Secretary under this section during the fiscal year shall be changed by the Secretary into a nonrecourse loan.’’ Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2008 AMENDMENT Amendment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under section 8701 of this title. EFFECTIVE DATE OF ASSESSMENT TERMINATION Pub. L. 107–171, title I, § 1401(b), May 13, 2002, 116 Stat. 187, provided that: ‘‘Subsection (f) of section 156 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7272(f)), as in effect immediately before the enactment of the Farm

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

7 U.S.C. § 7901 — Definitions

Page 2119 TITLE 7—AGRICULTURE § 7901 (b) Administrative expenses Funds appropriated under subsection (a) may not be used for the payment of the expenses or expenditures of the Board in administering a provision of an order. (Pub. L. 106–387, § 1(a) [title XII, § 1214], Oct. 28, 2000, 114 Stat. 1549, 1549A–97.) CHAPTER 106—COMMODITY PROGRAMS Sec. 7901. Definitions. SUBCHAPTER I—DIRECT PAYMENTS AND COUNTER-CYCLICAL PAYMENTS 7911. Establishment of base acres and payment acres for a farm. 7912. Establishment of payment yield. 7913. Availability of direct payments. 7914. Availability of counter-cyclical payments. 7915. Producer agreement required as condition of provision of direct payments and counter- cyclical payments. 7916. Planting flexibility. 7917. Relation to remaining payment authority under production flexibility contracts. 7918. Period of effectiveness. SUBCHAPTER II—MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS 7931. Availability of nonrecourse marketing assist- ance loans for loan commodities. 7932. Loan rates for nonrecourse marketing assist- ance loans. 7933. Term of loans. 7934. Repayment of loans. 7935. Loan deficiency payments. 7936. Payments in lieu of loan deficiency payments for grazed acreage. 7937. Special marketing loan provisions for upland cotton. 7938. Special competitive provisions for extra long staple cotton. 7939. Availability of recourse loans for high mois- ture feed grains and seed cotton. SUBCHAPTER III—PEANUTS 7951. Definitions. 7952. Establishment of payment yield and base acres for peanuts for a farm. 7953. Availability of direct payments for peanuts. 7954. Availability of counter-cyclical payments for peanuts. 7955. Producer agreement required as condition on p

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