Browse Arkansas Code titles and sections
7 U.S.C. § 7960 — Termination of marketing quota programs for peanuts and compensation to peanut quota holders for loss of quota asset value
Federal law — U.S. Code and appendices · legal_authorities
**(a) Repeal of marketing quota**
(1) **Omitted**
(2) **Treatment of 2001 crop** — Part VI of subtitle B of title III of the Agricultural Adjustment Act of 1938 ([7 U.S.C. 1357–135](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1357–135&num=0&edition=prelim)9a), as in effect on the day before May 13, 2002, shall continue to apply with respect to the 2001 crop of peanuts notwithstanding the amendment made by paragraph (1). [Section 7958(g)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7958/g/2&num=0&edition=prelim) shall also apply to the 2001 crop of peanuts.
**(b) Compensation contract required**
(1) **In general** — The Secretary shall offer to enter into a contract with each person that the Secretary determines is an eligible peanut quota holder under subsection (f) for the purpose of providing compensation for the lost value of the quota on account of the repeal of the marketing quota program for peanuts under subsection (a).
(2) **Payment period** — The Secretary shall make payments under the contracts during fiscal years 2002 through 2006.
**(c) Time for payment**
(1) **Payment in installments** — The payments required under the contracts shall be provided in 5 equal installments not later than September 30 of each of fiscal years 2002 through 2006.
(2) **Single payment** — At the request of an eligible peanut quota holder entitled to payments under a contract, the Secretary shall provide the entire payment amount determined under subsection (d) with respect to the eligible peanut quota holder for the 5 fiscal years in a single lump sum during the fiscal year specified by the eligible peanut quota holder.
**(d) Payment amount** The amount of the payment for a fiscal year to an eli
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7960
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 1cf5eb143e66cdc7e214fa9d0abdad0c45e4f6dcc90ba895953a471e39f97fd4. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_ada93fb76cc204b256bf6040
Source file: Laws/federal/codes/united-states-code/title-7/section-7960-termination-of-marketing-quota-programs-for-peanuts-and-compensation-to--d12fd9b67b.md
Pages: Not recorded – Not recorded
Passage SHA-256: f868c3cd78da2ff156c0680385111c5a245accca995e7d121ca36bbde5609d95
Source location: Title 7, Chapter 106, § 7960; chapter-106-commodity-programs.md
Stored source content
**(a) Repeal of marketing quota**
(1) **Omitted**
(2) **Treatment of 2001 crop** — Part VI of subtitle B of title III of the Agricultural Adjustment Act of 1938 ([7 U.S.C. 1357–135](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1357–135&num=0&edition=prelim)9a), as in effect on the day before May 13, 2002, shall continue to apply with respect to the 2001 crop of peanuts notwithstanding the amendment made by paragraph (1). [Section 7958(g)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7958/g/2&num=0&edition=prelim) shall also apply to the 2001 crop of peanuts.
**(b) Compensation contract required**
(1) **In general** — The Secretary shall offer to enter into a contract with each person that the Secretary determines is an eligible peanut quota holder under subsection (f) for the purpose of providing compensation for the lost value of the quota on account of the repeal of the marketing quota program for peanuts under subsection (a).
(2) **Payment period** — The Secretary shall make payments under the contracts during fiscal years 2002 through 2006.
**(c) Time for payment**
(1) **Payment in installments** — The payments required under the contracts shall be provided in 5 equal installments not later than September 30 of each of fiscal years 2002 through 2006.
(2) **Single payment** — At the request of an eligible peanut quota holder entitled to payments under a contract, the Secretary shall provide the entire payment amount determined under subsection (d) with respect to the eligible peanut quota holder for the 5 fiscal years in a single lump sum during the fiscal year specified by the eligible peanut quota holder.
**(d) Payment amount** The amount of the payment for a fiscal year to an eligible peanut quota holder under a contract shall be equal to the product obtained by multiplying—
(1) $0.11 per pound; by
(2) the number of pounds of quota with respect to which the person qualifies as a peanut quota holder under subsection (f).
**(e) Assignment of payments** The provisions of [section 590h(g) of title 16](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section590h/g&num=0&edition=prelim), relating to assignment of payments, shall apply to the payments made under the contracts. A person making an assignment of the payment, or the assignee, shall provide the Secretary with notice, in such manner as the Secretary may require, of any assignment made under this subsection.
**(f) Eligible peanut quota holder**
(1) **In general** — Except as otherwise provided in this subsection, the Secretary shall consider a person to be an eligible peanut quota holder for the purposes of this section if the person, as of May 13, 2002, owned a farm that, also as of that date, was eligible for a permanent peanut quota under section 358–1(b) of the Agricultural Adjustment Act of 1938 ([7 U.S.C. 1358–1(b)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1358–1/b&num=0&edition=prelim)), irrespective of temporary leases, transfers of quotas for seed, or quotas for experimental purposes.
(2) **Effect of purchase contract** — If there was a written contract for the purchase of all or a portion of a farm described in paragraph (1) as of May 13, 2002, and the parties to the sale are unable to agree to the disposition of eligibility for payments under this section, the Secretary, taking into account any incomplete permanent transfer of quota that has otherwise been agreed to, shall provide for the equitable division of the payments among the parties by adjusting the determination of who is the eligible peanut quota holder with respect to particular pounds of the quota.
(3) **Effect of agreement for permanent quota transfer** — If the Secretary determines that there was in existence, as of May 13, 2002, an agreement for the permanent transfer of quota, but that the transfer was not completed by that date, the Secretary shall consider the peanut quota holder to be the party to the agreement who, as of that date, was the owner of the farm to which the quota was to be transferred.
(4) **Protected bases** — A person that owns a farm with a peanut poundage quota which is protected under a conservation reserve program contract entered into under [section 3831 of title 16](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3831&num=0&edition=prelim) shall be considered to be an eligible quota holder with respect to the protected poundage.
(5) **Secretarial discretion** — Notwithstanding the preceding paragraphs, the Secretary may declare a person to be the eligible peanut quota holder with respect to certain pounds of quota or otherwise for purposes of this section if the Secretary considers the declaration is needed to insure a fair and equitable administration of the payments provided for in this section, so long as the Secretary does not, in exercising this authority, effectively increase the total quota in excess of the quota that was available to all producers for the 2001 crop year for other than seed or experimental use.
(6) **Limitation on quantity of quota held** — A person shall be considered an eligible peanut quota holder for purposes of this section only with respect to that number of permanent pounds that qualifies the person as a peanut quota holder under one of the preceding paragraphs. The determination of the peanut poundage amount for which the person qualifies shall be made based on the 2001 crop quota levels and shall take into account sales of the farm that occurred before May 13, 2002, and any permanent transfers of quota that took place before that date, consistent with the preceding paragraphs. The Secretary shall not take into account, or allow eligibility for, quotas for seed, granted as experimental quotas, or obtained by temporary lease or transfer.
**(g) Successions in payment eligibility and attachment of eligibility to persons**
(1) **Eligibility attaches to persons** — Once a person is eligible for payments under this section, as determined under subsection (f), the continued eligibility of the person for the payments does not run with a farm, but shall remain with the person for the term of this section irrespective of whether the person sells, or continues to have an interest in, the farm that had the quota that qualified the person as an eligible peanut quota holder under subsection (f) and irrespective of whether the person has a continuing interest in the production of peanuts.
(2) **Succession** — If a person eligible for payments under this section dies, in the case of an individual, or ceases to exist, in the case of other persons, the payment eligibility of the person shall pass to the person’s personal or organizational successor, as determined by the Secretary.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** Through the 2023 fiscal year, the Secretary shall formulate and carry out a conservation reserve program under which land is enrolled through the use of contracts to assist owners and operators of land specified in subsection (b) to conserve and improve the soil, water, and wildlife resources of such land and to address issues raised by State, regional, and national conservation initiatives.
**(b) Eligible land** The Secretary may include in the program established under this subpart—
(1) highly erodible cropland that—
(A)
(i) if permitted to remain untreated could substantially reduce the agricultural production capability for future generations; or
(ii) cannot be farmed in accordance with a plan that complies with the requirements of subchapter II; and
(B) the Secretary determines had a cropping history or was considered to be planted for 4 of the 6 years preceding December 20, 2018, on the condition that the Secretary shall consider to be planted cropland enrolled in the conservation reserve program;
(2) marginal pasture land to be devoted to appropriate vegetation, including trees, in or near riparian areas, or devoted to similar water quality purposes (including marginal pastureland converted to wetland or established as wildlife habitat);
(3) grasslands that—
(A) contain forbs or shrubland (including improved rangeland and pastureland) for which grazing is the predominant use;
(B) are located in an area historically dominated by grasslands; and
(C) could provide habitat for animal and plant populations of significant ecological value if the land is retained in its current use or restored to a natural condition;
(4) cropland, marginal pasture land, and grasslands that will have a positive impact on water quality and
Source: Supplied U.S. Code snapshot — release unconfirmed · 16 U.S.C. § 3831
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary is authorized and directed to make such expenditures as he deems necessary to carry out the provisions of this chapter and sections 590g, 590h, 590i, and 590j to 590q of title 16, including personal services and rents in the District of Columbia and elsewhere; traveling expenses; supplies and equipment; lawbooks, books of reference, directories, periodicals, and newspapers; and the preparation and display of exhibits, including such displays at community, county, State, interstate, and international fairs within the United States. The Secretary of the Treasury is authorized and directed upon the request of the Secretary to establish one or more separate appropriation accounts into which there shall be transferred from the respective funds available for the purposes of this chapter and chapter 3B of title 16, in connection with which personnel or other facilities of the Agricultural Adjustment Administration are utilized, proportionate amounts estimated by the Secretary to be required by the Agricultural Adjustment Administration for administrative expenses in carrying out or cooperating in carrying out any of the provisions of this chapter and chapter 3B of title 16.
**(b)** In the administration of this subchapter and sections 590g, 590h, 590i, and 590j to 590q of title 16, the aggregate amount expended in any fiscal year, beginning with the fiscal year ending June 30, 1942, for administrative expenses in the District of Columbia, including regional offices, and in the several States (not including the expenses of county and local committees) shall not exceed 3 per centum of the total amount available for such fiscal year for carrying out the purposes of this subchapter and chapter 3B of title 16, unless otherwise provided by appropriation or oth
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1281
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Use of Commodity Credit Corporation** The Secretary shall use the funds, facilities, and authorities of the Commodity Credit Corporation to carry out this chapter.
**(b) Determinations by Secretary** A determination made by the Secretary under this chapter shall be final and conclusive.
**(c) Regulations**
(1) **In general** — Not later than 90 days after May 13, 2002, the Secretary and the Commodity Credit Corporation, as appropriate, shall promulgate such regulations as are necessary to implement this chapter.
(2) **Procedure** — The promulgation of the regulations and administration of this chapter shall be made without regard to—
(A) chapter 35 of title 44 (commonly know 11 So in original. Probably should be “known”. as the “Paperwork Reduction Act”);
(B) the Statement of Policy of the Secretary of Agriculture effective July 24, 1971 (36 Fed. Reg. 13804), relating to notices of proposed rulemaking and public participation in rulemaking; and
(C) the notice and comment provisions of [section 553 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section553&num=0&edition=prelim).
(3) **Congressional review of agency rulemaking** — In carrying out this subsection, the Secretary shall use the authority provided under [section 808 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section808&num=0&edition=prelim).
**(d) Treatment of advance payment option** The protection that was afforded producers that had an option to elect to accelerate the receipt of any payment under a production flexibility contract payable under the Federal Agriculture Improvement and Reform Act of 1996, as provided by section 525 of Public 22 So in original. Probably should be followed by “Law”. 106–170 (113 Stat. 1928
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7992
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 660
TITLE 7—AGRICULTURE
§ 1350a
§ 1350a. Repealed. Pub. L. 96–470, title I, § 102(e),
Oct. 19, 1980, 94 Stat. 2237
Section, Pub. L. 91–524, title VI, § 609, Nov. 30, 1970, 84
Stat. 1378, required Secretary to file annually with
President for transmission to Congress a complete re-
port of programs carried out under title VI of Pub. L.
91–524.
SUBPART V—MARKETING QUOTAS—RICE
§ 1351. Omitted
Editorial Notes
CODIFICATION
Section, act Feb. 16, 1938, ch. 30, title III, § 351, 52
Stat. 60, set forth the legislative findings relating to
rice marketing quotas pursuant to this subpart and was
omitted in view of the repeal of the remaining sections
of the subpart.
§§ 1352 to 1356. Repealed. Pub. L. 97–98, title VI,
§ 601, Dec. 22, 1981, 95 Stat. 1242
Section 1352, acts Feb. 16, 1938, ch. 30, title III, § 352,
52 Stat. 60; Aug. 9, 1955, ch. 648, 69 Stat. 576; Feb. 16,
1976, Pub. L. 94–214, title I, § 101, 90 Stat. 181; Sept. 29,
1977, Pub. L. 95–113, title VII, § 701, 91 Stat. 940, provided
for a national acreage allotment and allocation for 1976
through 1981 crops of rice.
Section 1353, acts Feb. 16, 1938, ch. 30, title III, § 353,
52 Stat. 61; Oct. 31, 1949, ch. 792, title IV, § 418(a), 63
Stat. 1059; June 16, 1950, ch. 268, §§ 1, 2, 64 Stat. 232; Apr.
30, 1955, ch. 29, 69 Stat. 45; Apr. 30, 1955, ch. 30, 69 Stat.
45; May 5, 1955, ch. 31, 69 Stat. 45; Aug. 9, 1955, ch. 652,
69 Stat. 578; May 28, 1956, ch. 327, title III, § 304, 70 Stat.
205; June 4, 1958, Pub. L. 85–443, §§ 1, 2(a), (b), 3, 72 Stat.
177; Aug. 28, 1958, Pub. L. 85–835, title III, § 301, 72 Stat.
994; Feb. 16, 1938, ch. 30, title III, § 378(d), as added Aug.
28, 1958, Pub. L. 85–835, title V, § 501, 72 Stat. 996; Mar.
6, 1962, Pub. L. 87–412, 76 Stat. 20; Jan. 28, 1964, Pub. L.
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1357
Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 1357. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 2144
TITLE 7—AGRICULTURE
§ 7960
B of subchapter II of chapter 35 of this title prior to re-
peal by subsec. (a)(1) of this section. For complete clas-
sification of this Act to the Code, see section 1281 of
this title and Tables.
CODIFICATION
Section is comprised of section 1309 of Pub. L. 107–171.
Subsec. (a)(1) of section 1309 of Pub. L. 107–171 repealed
sections 1357 to 1359a of this title. Subsec. (h) of section
1309 amended sections 1361, 1371, 1373, and 1378 of this
title.
§ 7960. Repeal of superseded price support au-
thority and effect of repeal
(a) Omitted
(b) Disposal
Notwithstanding any other provision of law or
previous declaration made by the Secretary, the
Secretary shall ensure that the disposal of all
peanuts for which a loan for the 2001 crop of pea-
nuts was made under section 7271 of this title be-
fore May 13, 2002, is carried out in a manner that
prevents price disruptions in the domestic and
international markets for peanuts.
(c) Treatment of crop insurance policies for 2002
crop year
(1) Applicability
This subsection shall apply for the 2002 crop
year only notwithstanding any other provision
of law or crop insurance policy.
(2) Price election
The nonquota price election for segregation
I, II, and III peanuts shall be 17.75 cents per
pound and shall be used for all aspects of the
policy relating to the calculations of pre-
mium, liability, and indemnities.
(3) Quality adjustment
For the purposes of quality adjustment only,
the average support price per pound of peanuts
shall be a price equal to 17.75 cents per pound.
Quality under the crop insurance policy for
peanuts shall be adjusted under procedures
issued by the Federal Crop Insurance Corpora-
tion.
(Pub. L. 107–171, title I, § 1310, May 13, 2002, 116
St
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 7960
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.