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7 U.S.C. § 7212 — Elements of contracts

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

7 U.S.C. § 7212 — Elements of contracts

**(a) Time for contracting** (1) **Commencement** — To the extent practicable, the Secretary shall commence entering into contracts not later than 45 days after April 4, 1996. (2) **Deadline** — Except as provided in paragraph (3), the Secretary may not enter into a contract after August 1, 1996. (3) **Conservation reserve lands** (A) *In general* — At the beginning of each fiscal year, the Secretary shall allow an eligible owner or producer on a farm covered by a conservation reserve 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) that terminates after the date specified in paragraph (2) to enter into or expand a production flexibility contract to cover the contract acreage of the farm that was subject to the former conservation reserve contract. (B) *Amount* — Contract payments made for contract acreage under this paragraph shall be made at the rate and amount applicable to the annual contract payment level for the applicable crop. For the fiscal year in which the conservation reserve contract is terminated, the owner or producer subject to the production flexibility contract may elect to receive either contract payments or a prorated payment under the conservation reserve contract, but not both. **(b) Duration of contract** (1) **Beginning date** — The term of a contract shall begin with— (A) the 1996 crop of a contract commodity; or (B) in the case of acreage that was subject to a conservation reserve contract described in subsection (a)(3), the date the production flexibility contract was entered into or expanded to cover the acreage. (2) **Ending date** — The term of a contract shall extend through the 2002 crop, unless earlier terminated

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Stable record: federal_law:legal_authorities:record_usc_c03ed27765f6af7c5ec9d000
Source file: Laws/federal/codes/united-states-code/title-7/section-7212-elements-of-contracts--098417b882.md
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Source location: Title 7, Chapter 100, § 7212; chapter-100-agricultural-market-transition.md

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**(a) Time for contracting** (1) **Commencement** — To the extent practicable, the Secretary shall commence entering into contracts not later than 45 days after April 4, 1996. (2) **Deadline** — Except as provided in paragraph (3), the Secretary may not enter into a contract after August 1, 1996. (3) **Conservation reserve lands** (A) *In general* — At the beginning of each fiscal year, the Secretary shall allow an eligible owner or producer on a farm covered by a conservation reserve 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) that terminates after the date specified in paragraph (2) to enter into or expand a production flexibility contract to cover the contract acreage of the farm that was subject to the former conservation reserve contract. (B) *Amount* — Contract payments made for contract acreage under this paragraph shall be made at the rate and amount applicable to the annual contract payment level for the applicable crop. For the fiscal year in which the conservation reserve contract is terminated, the owner or producer subject to the production flexibility contract may elect to receive either contract payments or a prorated payment under the conservation reserve contract, but not both. **(b) Duration of contract** (1) **Beginning date** — The term of a contract shall begin with— (A) the 1996 crop of a contract commodity; or (B) in the case of acreage that was subject to a conservation reserve contract described in subsection (a)(3), the date the production flexibility contract was entered into or expanded to cover the acreage. (2) **Ending date** — The term of a contract shall extend through the 2002 crop, unless earlier terminated by the owner or producer. **(c) Estimation of contract payments** At the time the Secretary enters into a contract, the Secretary shall provide an estimate of the minimum contract payments anticipated to be made during at least the first fiscal year for which contract payments will be made. **(d) Time for payment** (1) **In general** — An annual contract payment shall be made not later than September 30 of each of fiscal years 1996 through 2002. (2) **Advance payments** (A) *Fiscal year 1996* — At the option of the owner or producer, 50 percent of the contract payment for fiscal year 1996 shall be made not later than 30 days after the date on which the contract is entered into and approved by the Secretary and the owner or producer. (B) *Subsequent fiscal years* — At the option of the owner or producer for fiscal year 1997 and each subsequent fiscal year, 50 percent of the annual contract payment shall be made on December 15 or January 15 of the fiscal year. The owner or producer may change the date selected under this subparagraph for a subsequent fiscal year by providing advance notice to the Secretary. (3) **Special rule** — Notwithstanding the requirements for making an annual contract payment specified in paragraphs (1) and (2), at the option of the owner or producer, the Secretary shall pay the full amount (or such portion as the owner or producer may specify) of the contract payment required to be paid for any of fiscal years 1999 through 2002 at such time or times during that fiscal year as the owner or producer may specify.

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

26 U.S.C. § 1 — Tax imposed

**(a) Married individuals filing joint returns and surviving spouses** There is hereby imposed on the taxable income of— (1) every married individual (as defined in section 7703) who makes a single return jointly with his spouse under section 6013, and (2) every surviving spouse (as defined in section 2(a)), a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $36,90015% of taxable income. Over $36,900 but not over $89,150$5,535, plus 28% of the excess over $36,900. Over $89,150 but not over $140,000$20,165, plus 31% of the excess over $89,150. Over $140,000 but not over $250,000$35,928.50, plus 36% of the excess over $140,000. Over $250,000$75,528.50, plus 39.6% of the excess over $250,000. **(b) Heads of households** There is hereby imposed on the taxable income of every head of a household (as defined in section 2(b)) a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $29,60015% of taxable income. Over $29,600 but not over $76,400$4,440, plus 28% of the excess over $29,600. Over $76,400 but not over $127,500$17,544, plus 31% of the excess over $76,400. Over $127,500 but not over $250,000$33,385, plus 36% of the excess over $127,500. Over $250,000$77,485, plus 39.6% of the excess over $250,000. **(c) Unmarried individuals (other than surviving spouses and heads of households)** There is hereby imposed on the taxable income of every individual (other than a surviving spouse as defined in section 2(a) or the head of a household as defined in section 2(b)) who is not a married individual (as defined in section 7703) a tax determined in accordance with the following table: If taxable income is:The tax is: Not over $22,10015% of taxable income. Over $22,100 but not over $53,50

Source: Supplied U.S. Code snapshot — release unconfirmed · 26 U.S.C. § 1

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

7 U.S.C. § 7211 — Authorization for use of production flexibility contracts

**(a) Offer and terms** The Secretary shall offer to enter into a production flexibility contract with an eligible owner or producer described in subsection (b) on a farm containing eligible cropland. Under the terms of a contract, the owner or producer shall agree, in exchange for annual contract payments, to— (1) comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 ([16 U.S.C. 3811](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3811&num=0&edition=prelim) et seq.); (2) comply with applicable wetland protection requirements under subtitle C of title XII of the Act ([16 U.S.C. 3821](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title16-section3821&num=0&edition=prelim) et seq.); (3) comply with the planting flexibility requirements of [section 7218 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7218&num=0&edition=prelim); and (4) use the land subject to the contract for an agricultural or related activity, but not for a nonagricultural commercial or industrial use, as determined by the Secretary. **(b) Eligible owners and producers described** The following producers and owners shall be eligible to enter into a contract: (1) An owner of eligible cropland who assumes all or a part of the risk of producing a crop. (2) A producer (other than an owner) on eligible cropland with a share-rent lease of the eligible cropland, regardless of the length of the lease, if the owner enters into the same contract. (3) A producer (other than an owner) on eligible cropland who cash rents the eligible cropland under a lease expiring on or after September 30, 2002, in which case the owner is not required to enter into the contract. (4)

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7211

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

16 U.S.C. § 3831 — Conservation reserve

**(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

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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.

Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 7201

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

7 U.S.C. § 7992 — Administration generally

**(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

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

7 U.S.C. § 7212 — Elements of contracts

Page 1972 TITLE 7—AGRICULTURE § 7212 (d) Eligible cropland described Land shall be considered to be cropland eligi- ble for coverage under a contract only if the land has contract acreage attributable to the land and— (1) for at least 1 of the 1991 through 1995 crops, at least a portion of the land was en- rolled in the acreage reduction program au- thorized for a crop of a contract commodity under section 101B, 103B, 105B, or 107B of the Agricultural Act of 1949 or was considered planted; (2) was subject to a conservation reserve contract under section 1231 of the Food Secu- rity Act of 1985 (16 U.S.C. 3831) whose term ex- pired, or was voluntarily terminated, on or after January 1, 1995; or (3) is released from coverage under a con- servation reserve contract by the Secretary during the period beginning on January 1, 1995, and ending on the date specified in section 7212(a)(2) of this title. (e) Quantity of eligible cropland covered by con- tract Subject to subsection (b)(4), an owner or pro- ducer may enroll as contract acreage all or a portion of the eligible cropland on the farm. (f) Voluntary reduction in contract acreage Subject to subsection (b)(4), an owner or pro- ducer who enters into a contract may subse- quently reduce the quantity of contract acreage covered by the contract. (Pub. L. 104–127, title I, § 111, Apr. 4, 1996, 110 Stat. 898.) Editorial Notes REFERENCES IN TEXT The Food Security Act of 1985, referred to in subsec. (a)(1), (2), is Pub. L. 99–198, Dec. 23, 1985, 99 Stat. 1354. Subtitles B and C of title XII of the Act are classified generally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Con- servation. For complete classification of this Act to the Code, see Shor

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 7212

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