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7 U.S.C. § 674 — Short title
Federal law — U.S. Code and appendices · legal_authorities
Page 515
TITLE 7—AGRICULTURE
§§ 701 to 723
(c) Approval of award
No award or agreement resulting from any
such arbitration or mediation shall be effective
unless and until approved by the Secretary of
Agriculture, or such officer or employee of the
Department of Agriculture as may be designated
by him, and shall not be approved if it permits
any unlawful trade practice or any unfair meth-
od of competition.
(d) Exemption from antitrust laws
No meeting so held and no award or agreement
so approved shall be deemed to be in violation of
any of the antitrust laws of the United States.
(June 3, 1937, ch. 296, § 3, 50 Stat. 248.)
Editorial Notes
REFERENCES IN TEXT
The Agricultural Adjustment Act, referred to in sub-
sec. (a), is title I of act May 12, 1933, ch. 25, 48 Stat. 31,
as amended, which is classified generally to chapter 26
(§ 601 et seq.) of this title. For complete classification of
this Act to the Code, see Short Title note set out under
section 601 of this title and Tables.
§ 672. Agreements; licenses, regulations, pro-
grams, etc., unaffected
(a) Nothing in this Act shall be construed as
invalidating any marketing agreement, license,
or order, or any regulation relating to, or any
provision of, or any act of the Secretary of Agri-
culture in connection with, any such agreement,
license, or order which has been executed,
issued, approved, or done under the Agricultural
Adjustment Act [7 U.S.C. 601 et seq.], or any
amendment thereof, but such marketing agree-
ments, licenses, orders, regulations, provisions,
and acts are expressly ratified, legalized, and
confirmed.
(b) Any program in effect under the Agricul-
tural Adjustment Act [7 U.S.C. 601 et seq.], as re-
enacted and amended by this Act, on January 1,
1950, shall continue in ef
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Page 515
TITLE 7—AGRICULTURE
§§ 701 to 723
(c) Approval of award
No award or agreement resulting from any
such arbitration or mediation shall be effective
unless and until approved by the Secretary of
Agriculture, or such officer or employee of the
Department of Agriculture as may be designated
by him, and shall not be approved if it permits
any unlawful trade practice or any unfair meth-
od of competition.
(d) Exemption from antitrust laws
No meeting so held and no award or agreement
so approved shall be deemed to be in violation of
any of the antitrust laws of the United States.
(June 3, 1937, ch. 296, § 3, 50 Stat. 248.)
Editorial Notes
REFERENCES IN TEXT
The Agricultural Adjustment Act, referred to in sub-
sec. (a), is title I of act May 12, 1933, ch. 25, 48 Stat. 31,
as amended, which is classified generally to chapter 26
(§ 601 et seq.) of this title. For complete classification of
this Act to the Code, see Short Title note set out under
section 601 of this title and Tables.
§ 672. Agreements; licenses, regulations, pro-
grams, etc., unaffected
(a) Nothing in this Act shall be construed as
invalidating any marketing agreement, license,
or order, or any regulation relating to, or any
provision of, or any act of the Secretary of Agri-
culture in connection with, any such agreement,
license, or order which has been executed,
issued, approved, or done under the Agricultural
Adjustment Act [7 U.S.C. 601 et seq.], or any
amendment thereof, but such marketing agree-
ments, licenses, orders, regulations, provisions,
and acts are expressly ratified, legalized, and
confirmed.
(b) Any program in effect under the Agricul-
tural Adjustment Act [7 U.S.C. 601 et seq.], as re-
enacted and amended by this Act, on January 1,
1950, shall continue in effect without the neces-
sity for any amendatory action relative to such
program, but any such program shall be contin-
ued in operation by the Secretary of Agriculture
only to establish and maintain such orderly
marketing conditions as will tend to effectuate
the declared purpose set out in section 2 or
8c(18) of the Agricultural Adjustment Act [7
U.S.C. 602 or 608c(18)], as reenacted and amended
by this Act.
(June 3, 1937, ch. 296, § 4, 50 Stat. 249; July 3, 1948,
ch. 827, title III, § 302(e), 62 Stat. 1258.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, is act June 3, 1937, ch.
296, 50 Stat. 246, known as the Agricultural Marketing
Agreement Act of 1937. For complete classification of
this Act to the Code, see Tables.
The Agricultural Adjustment Act, referred to in text,
is title I of act May 12, 1933, ch. 25, 48 Stat. 31, which
is classified generally to chapter 26 (§ 601 et seq.) of this
title. For complete classification of this Act to the
Code, see Short Title note set out under section 601 of
this title and Tables.
AMENDMENTS
1948—Act July 3, 1948, designated existing provisions
as subsec. (a) and added subsec. (b).
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1948 AMENDMENT
Amendment by act July 3, 1948, effective Jan. 1, 1950,
see section 303 of act July 3, 1948, set out as a note
under section 1301 of this title.
§ 673. Taxes under Agricultural Adjustment Act;
laws unaffected
No processing taxes or compensating taxes
shall be levied or collected under the Agricul-
tural Adjustment Act [7 U.S.C. 601 et seq.], as
amended. Except as provided in the preceding
sentence, nothing in this Act shall be construed
as affecting provisions of the Agricultural Ad-
justment Act, as amended, other than those enu-
merated in section 1 of Act of June 3, 1937, ch.
296, 50 Stat. 246. The provisions so enumerated
shall apply in accordance with their terms (as
amended by this Act) to the provisions of the
Agricultural Adjustment Act, this Act, and
other provisions of law to which they have been
heretofore made applicable.
(June 3, 1937, ch. 296, § 5, 50 Stat. 249.)
Editorial Notes
REFERENCES IN TEXT
The Agricultural Adjustment Act, referred to in text,
is title I of act May 12, 1933, ch. 25, 48 Stat. 31, which
is classified generally to chapter 26 (§ 601 et seq.) of this
title. For complete classification of this Act to the
Code, see Short Title note set out under section 601 of
this title and Tables.
This Act, referred to in text, is act June 3, 1937, ch.
296, 50 Stat. 246, known as the Agricultural Marketing
Agreement Act of 1937. For complete classification of
this Act to the Code, see Tables.
Section 1 of act June 3, 1937, ch. 296, 50 Stat. 246, re-
ferred to in text, amended sections 601, 602, 608a, 608b,
608c, 608d, 608e, 610, 612, 614, and 624 of this title.
§ 674. Short title
This Act may be cited as the ‘‘Agricultural
Marketing Agreement Act of 1937’’.
(June 3, 1937, ch. 296, § 6, 50 Stat. 249.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, is act June 3, 1937, ch.
296, 50 Stat. 246, which among other things enacted this
chapter. For complete classification of this Act to the
Code, see Tables.
CHAPTER 27—COTTON MARKETING
§§ 701 to 723. Repealed. Feb. 10, 1936, ch. 42, 49
Stat. 1106
Sections, acts Apr. 21, 1934, ch. 157, §§ 1–2, 48 Stat.
598–606; Aug. 9, 1935, ch. 504, 49 Stat. 570; Aug. 24, 1935,
ch. 641, §§ 39(a)–(e), 40–42, 49 Stat. 777, 778, related to
placing of cotton industry on a sound commercial
basis, to preventing unfair competition and practices in
putting cotton into channels of interstate and foreign
commerce and to providing funds for paying additional
benefits under the Agricultural Adjustment Act.
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 sec-
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
It is declared that the disruption of the orderly exchange of commodities in interstate commerce impairs the purchasing power of farmers and destroys the value of agricultural assets which support the national credit structure and that these conditions affect transactions in agricultural commodities with a national public interest, and burden and obstruct the normal channels of interstate commerce.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 601
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Federal law — U.S. Code and appendices · legal_authorities
Page 453
TITLE 7—AGRICULTURE
§ 601
CHAPTER 26—AGRICULTURAL ADJUSTMENT
SUBCHAPTER I—DECLARATION OF CONDITIONS
AND POLICY
Sec.
601.
Declaration of conditions.
602.
Declaration of policy; establishment of price
basing period; marketing standards; orderly
supply flow; circumstances for continued
regulation.
SUBCHAPTER II—COTTON OPTION CONTRACTS
603.
Government owned cotton; transfer to Sec-
retary of Agriculture; powers of Secretary.
604.
Borrowing money; expenditures; authority of
Secretary.
605, 606.
Repealed.
607.
Sale by Secretary; additional options; valida-
tion of assignments; publication of informa-
tion.
SUBCHAPTER III—COMMODITY BENEFITS
608.
Powers of Secretary.
608–1.
Omitted.
608a.
Enforcement of chapter.
608a–1.
Repealed.
608b.
Marketing agreements; exemption from anti-
trust laws; inspection requirements for han-
dlers not subject to agreements.
608c.
Orders.
608c–1.
Repealed.
608d.
Books and records.
608e.
Repealed.
608e–1.
Import
prohibitions
on
specified
foreign
produce.
608f.
Repealed.
609.
Processing tax; methods of computation;
rate; what constitutes processing; publicity
as to tax to avoid profiteering.
610.
Administration.
611.
‘‘Basic agricultural commodity’’ defined; ex-
clusion of commodities.
612.
Appropriation; use of revenues; administra-
tive expenses.
612a, 612b. Omitted.
612c.
Appropriation to encourage exportation and
domestic consumption of agricultural prod-
ucts.
612c–1.
Authorization for appropriations to increase
domestic consumption of surplus farm com-
modities.
612c–2.
Technical support to exporters and importers
of United States agricultural products;
scope of support provided by Department of
Agriculture.
612c–3.
Repealed.
612c–4.
Purchase of specialty crops.
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 601
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Federal law — U.S. Code and appendices · legal_authorities
It is declared to be the policy of Congress—
(1) Through the exercise of the powers conferred upon the Secretary of Agriculture under this chapter, to establish and maintain such orderly marketing conditions for agricultural commodities in interstate commerce as will establish, as the prices to farmers, parity prices as defined by [section 1301(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1301/a/1&num=0&edition=prelim).
(2) To protect the interest of the consumer by (a) approaching the level of prices which it is declared to be the policy of Congress to establish in subsection (1) of this section by gradual correction of the current level at as rapid a rate as the Secretary of Agriculture deems to be in the public interest and feasible in view of the current consumptive demand in domestic and foreign markets, and (b) authorizing no action under this chapter which has for its purpose the maintenance of prices to farmers above the level which it is declared to be the policy of Congress to establish in subsection (1) of this section.
(3) Through the exercise of the powers conferred upon the Secretary of Agriculture under this chapter, to establish and maintain such production research, marketing research, and development projects provided in [section 608c(6)(I) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section608c/6/I&num=0&edition=prelim), such container and pack requirements provided in [section 608c(6)(H) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section608c/6/H&num=0&edition=prelim) 11 So in original. Probably should be followed by a comma. such minimum standards of quality and maturity and such grading and inspection requirements for
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 602
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Federal law — U.S. Code and appendices · legal_authorities
Page 454
TITLE 7—AGRICULTURE
§ 602
1 So in original. Probably should be followed by a comma.
‘‘(k) Section 22 (relating to imports [section 624 of
this title]).
‘‘SEC. 2. The following provisions, reenacted in sec-
tion I of this act, are amended as follows: * * * [sec-
tions 601, 602(1), 608a(6), 608c(5)(B)(d), (6)(B), (6)(B)(18),
(19), 610(c), (f), 612(a) of this title].’’
Section 2 of act June 3, 1937, also added subsec. (j) to
section 610.
Section 2 of act June 3, 1937, was amended by act Aug.
5, 1937, ch. 567, 50 Stat. 563, which amending act pro-
vided for amendments to subsecs. (2) and (6) of section
608c of this title.
§ 602. Declaration of policy; establishment of
price basing period; marketing standards; or-
derly supply flow; circumstances for contin-
ued regulation
It is declared to be the policy of Congress—
(1) Through the exercise of the powers con-
ferred upon the Secretary of Agriculture under
this chapter, to establish and maintain such
orderly marketing conditions for agricultural
commodities in interstate commerce as will
establish, as the prices to farmers, parity
prices as defined by section 1301(a)(1) of this
title.
(2) To protect the interest of the consumer
by (a) approaching the level of prices which it
is declared to be the policy of Congress to es-
tablish in subsection (1) of this section by
gradual correction of the current level at as
rapid a rate as the Secretary of Agriculture
deems to be in the public interest and feasible
in view of the current consumptive demand in
domestic and foreign markets, and (b) author-
izing no action under this chapter which has
for its purpose the maintenance of prices to
farmers above the level which it is declared to
be the policy of Congress to establish in sub-
section (1) of
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 602
Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 602. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
This Act may be cited as the “Agricultural Marketing Agreement Act of 1937”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 674
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