Browse Arkansas Code titles and sections
7 U.S.C. § 7283 — Commodity Credit Corporation interest
Federal law — U.S. Code and appendices · legal_authorities
Page 1991
TITLE 7—AGRICULTURE
§ 7284
1 So in original. Probably should be followed by a comma.
an increase in outlays. Adjustments under this
subsection shall not result in an increase in the
national average loan rate for any year.
(Pub. L. 104–127, title I, § 162, Apr. 4, 1996, 110
Stat. 935; Pub. L. 107–171, title I, § 1606, May 13,
2002, 116 Stat. 218.)
Editorial Notes
REFERENCES IN TEXT
For definition of ‘‘this chapter’’, referred to in sub-
sec. (b), see note set out under section 7201 of this title.
The Farm Security and Rural Investment Act of 2002,
referred to in subsec. (b), is Pub. L. 107–171, May 13,
2002, 116 Stat. 134. Title I of the Act is classified prin-
cipally to chapter 106 (§ 7901 et seq.) of this title. For
complete classification of this Act to the Code, see
Short Title note under section 7901 of this title and Ta-
bles.
AMENDMENTS
2002—Subsec. (b). Pub. L. 107–171 substituted ‘‘this
chapter and title I of the Farm Security and Rural In-
vestment Act of 2002’’ for ‘‘this chapter’’.
§ 7283. Commodity Credit Corporation interest
rate
(a) In general
Notwithstanding any other provision of law,
the monthly Commodity Credit Corporation in-
terest rate applicable to loans provided for agri-
cultural commodities by the Corporation shall
be 100 basis points greater than the rate deter-
mined under the applicable interest rate for-
mula in effect on October 1, 1995.
(b) Sugar
For purposes of this section, raw cane sugar,
refined beet sugar, and in-process sugar eligible
for a loan under section 7272 of this title shall
not be considered an agricultural commodity.
(Pub. L. 104–127, title I, § 163, Apr. 4, 1996, 110
Stat. 935; Pub. L. 107–171, title I, § 1401(c), May
13, 2002, 116 Stat. 187.)
Editorial Notes
AMENDMENTS
2002—Pub
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Page 1991
TITLE 7—AGRICULTURE
§ 7284
1 So in original. Probably should be followed by a comma.
an increase in outlays. Adjustments under this
subsection shall not result in an increase in the
national average loan rate for any year.
(Pub. L. 104–127, title I, § 162, Apr. 4, 1996, 110
Stat. 935; Pub. L. 107–171, title I, § 1606, May 13,
2002, 116 Stat. 218.)
Editorial Notes
REFERENCES IN TEXT
For definition of ‘‘this chapter’’, referred to in sub-
sec. (b), see note set out under section 7201 of this title.
The Farm Security and Rural Investment Act of 2002,
referred to in subsec. (b), is Pub. L. 107–171, May 13,
2002, 116 Stat. 134. Title I of the Act is classified prin-
cipally to chapter 106 (§ 7901 et seq.) of this title. For
complete classification of this Act to the Code, see
Short Title note under section 7901 of this title and Ta-
bles.
AMENDMENTS
2002—Subsec. (b). Pub. L. 107–171 substituted ‘‘this
chapter and title I of the Farm Security and Rural In-
vestment Act of 2002’’ for ‘‘this chapter’’.
§ 7283. Commodity Credit Corporation interest
rate
(a) In general
Notwithstanding any other provision of law,
the monthly Commodity Credit Corporation in-
terest rate applicable to loans provided for agri-
cultural commodities by the Corporation shall
be 100 basis points greater than the rate deter-
mined under the applicable interest rate for-
mula in effect on October 1, 1995.
(b) Sugar
For purposes of this section, raw cane sugar,
refined beet sugar, and in-process sugar eligible
for a loan under section 7272 of this title shall
not be considered an agricultural commodity.
(Pub. L. 104–127, title I, § 163, Apr. 4, 1996, 110
Stat. 935; Pub. L. 107–171, title I, § 1401(c), May
13, 2002, 116 Stat. 187.)
Editorial Notes
AMENDMENTS
2002—Pub. L. 107–171 designated existing provisions as
subsec. (a), inserted heading, and added subsec. (b).
§ 7284. Personal liability of producers for defi-
ciencies
(a) In general
Except as provided in subsection (b), no pro-
ducer shall be personally liable for any defi-
ciency arising from the sale of the collateral se-
curing any nonrecourse loan made under this
chapter 1 title I of the Farm Security and Rural
Investment Act of 2002 [7 U.S.C. 7901 et seq.],
title I of the Food, Conservation, and Energy
Act of 2008 [7 U.S.C. 8701 et seq.], and title I of
the Agricultural Act of 2014 [7 U.S.C. 9001 et
seq.] unless the loan was obtained through a
fraudulent representation by the producer.
(b) Limitations
Subsection (a) shall not prevent the Com-
modity Credit Corporation or the Secretary
from requiring a producer to assume liability
for—
(1) a deficiency in the grade, quality, or
quantity of a commodity stored on a farm or
delivered by the producer;
(2) a failure to properly care for and preserve
a commodity; or
(3) a failure or refusal to deliver a com-
modity in accordance with a program estab-
lished under this chapter 1 title I of the Farm
Security and Rural Investment Act of 2002 [7
U.S.C. 7901 et seq.], title I of the Food, Con-
servation, and Energy Act of 2008 [7 U.S.C. 8701
et seq.], and title I of the Agricultural Act of
2014 [7 U.S.C. 9001 et seq.].
(c) Acquisition of collateral
In the case of a nonrecourse loan made under
this chapter 1 title I of the Farm Security and
Rural Investment Act of 2002 [7 U.S.C. 7901 et
seq.], title I of the Food, Conservation, and En-
ergy Act of 2008 [7 U.S.C. 8701 et seq.], and title
I of the Agricultural Act of 2014 [7 U.S.C. 9001 et
seq.] or the Commodity Credit Corporation
Charter Act (15 U.S.C. 714 et seq.), if the Com-
modity Credit Corporation acquires title to the
unredeemed collateral, the Corporation shall be
under no obligation to pay for any market value
that the collateral may have in excess of the
loan indebtedness.
(d) Sugarcane and sugar beets
A security interest obtained by the Com-
modity Credit Corporation as a result of the exe-
cution of a security agreement by the processor
of sugarcane or sugar beets shall be superior to
all statutory and common law liens on raw cane
sugar and refined beet sugar in favor of the pro-
ducers of sugarcane and sugar beets and all prior
recorded and unrecorded liens on the crops of
sugarcane and sugar beets from which the sugar
was derived.
(Pub. L. 104–127, title I, § 164, Apr. 4, 1996, 110
Stat. 935; Pub. L. 107–171, title I, § 1607, May 13,
2002, 116 Stat. 218; Pub. L. 110–234, title I, § 1606,
May 22, 2008, 122 Stat. 1017; Pub. L. 110–246, § 4(a),
title I, § 1606, June 18, 2008, 122 Stat. 1664, 1746;
Pub. L. 113–79, title I, § 1607, Feb. 7, 2014, 128 Stat.
708.)
Editorial Notes
REFERENCES IN TEXT
For definition of ‘‘this chapter’’, referred to in text,
see note set out under section 7201 of this title.
The Farm Security and Rural Investment Act of 2002,
referred to in subsecs. (a), (b)(3), and (c), is Pub. L.
107–171, May 13, 2002, 116 Stat. 134. Title I of the Act is
classified principally to chapter 106 (§ 7901 et seq.) of
this title. For complete classification of this Act to the
Code, see Short Title note under section 7901 of this
title and Tables.
The Food, Conservation, and Energy Act of 2008, re-
ferred to in subsecs. (a), (b)(3), and (c), is Pub. L.
110–246, June 18, 2008, 122 Stat. 1651. Title I of the Act
is classified principally to chapter 113 (§ 8701 et seq.) of
this title. For complete classification of this Act to the
Code, see Short Title note set out under section 8701 of
this title and Tables.
The Agricultural Act of 2014, referred to in subsecs.
(a), (b)(3), and (c), is Pub. L. 113–79, Feb. 7, 2014, 128
Stat. 649. Title I of the Act is classified principally to
chapter 115 (§ 9001 et seq.) of this title. For complete
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** Notwithstanding any other provision of law, the monthly Commodity Credit Corporation interest rate applicable to loans provided for agricultural commodities by the Corporation shall be 100 basis points greater than the rate determined under the applicable interest rate formula in effect on October 1, 1995.
**(b) Sugar** For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under [section 7272 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section7272&num=0&edition=prelim) shall not be considered an agricultural commodity.
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Federal law — U.S. Code and appendices · legal_authorities
**(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
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
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 7901
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** In this section:
(1) **Agricultural commodity** — The term “agricultural commodity” has the meaning given the term in [section 5602 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section5602&num=0&edition=prelim).
(2) **Geographically disadvantaged farmer or rancher** — The term “geographically disadvantaged farmer or rancher” has the meaning given the term in section 10906(a) of the Farm Security and Rural Investment Act of 2002 ([7 U.S.C. 2204](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2204&num=0&edition=prelim) note; Public Law 107–171).
**(b) Authorization** Subject to the availability of funds under subsection (d), the Secretary may provide geographically disadvantaged farmers or ranchers direct reimbursement payments for activities described in subsection (c).
**(c) Transportation**
(1) **In general** — Subject to paragraphs (2) and (3), the Secretary may provide direct reimbursement payments to a geographically disadvantaged farmer or rancher to transport an agricultural commodity, or inputs used to produce an agricultural commodity, during a fiscal year.
(2) **Proof of eligibility** — To be eligible to receive assistance under paragraph (1), a geographically disadvantaged farmer or rancher shall demonstrate to the Secretary that transportation of the agricultural commodity or inputs occurred over a distance of more than 30 miles, as determined by the Secretary.
(3) **Amount**
(A) *In general* — Subject to paragraph (2), the amount of direct reimbursement payments made to a geographically disadvantaged farmer or rancher under this section for a fiscal year shall equal the product obtained by multiplying—
(i) the amount of costs incurred by the geographically di
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Federal law — U.S. Code and appendices · legal_authorities
Page 2219
TITLE 7—AGRICULTURE
§ 8701
SHORT TITLE
Pub. L. 106–224, title III, § 301, June 20, 2000, 114 Stat.
428, which provided that this chapter could be cited as
the ‘‘Biomass Research and Development Act of 2000’’,
was repealed by Pub. L. 110–234, title IX, § 9001(b), May
22, 2008, 122 Stat. 1333, and Pub. L. 110–246, § 4(a), title
IX, § 9001(b), June 18, 2008, 122 Stat. 1664, 2095.
[Pub. L. 110–234 and Pub. L. 110–246 repealed Pub. L.
106–224, § 301, formerly set out above. Pub. L. 110–234 was
repealed by section 4(a) of Pub. L. 110–246, set out as a
note under section 8701 of this title.]
CHAPTER 113—AGRICULTURAL COMMODITY
SUPPORT PROGRAMS
Sec.
8701.
Definition of Secretary.
8702.
Definitions.
SUBCHAPTER I—DIRECT PAYMENTS AND
COUNTER-CYCLICAL PAYMENTS
8711.
Base acres.
8712.
Payment yields.
8713 to 8715. Repealed.
8716.
Producer agreement required as condition of
provision of payments.
8717.
Planting flexibility.
8718.
Special rule for long grain and medium grain
rice.
8719.
Period of effectiveness.
SUBCHAPTER II—MARKETING ASSISTANCE
LOANS AND LOAN DEFICIENCY PAYMENTS
8731.
Availability of nonrecourse marketing assist-
ance loans for loan commodities.
8732.
Loan rates for nonrecourse marketing assist-
ance loans.
8733.
Term of loans.
8734.
Repayment of loans.
8735.
Loan deficiency payments.
8736.
Payments in lieu of loan deficiency payments
for grazed acreage.
8737.
Special marketing loan provisions for upland
cotton.
8738.
Special competitive provisions for extra long
staple cotton.
8739.
Availability of recourse loans for high mois-
ture feed grains and seed cotton.
8740.
Adjustments of loans.
SUBCHAPTER III—PEANUTS
8751.
Definitions.
8752.
Base acres for peanuts for a farm.
8753, 8754. Repealed.
8
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Maintenance of base acres and payment yields** The Secretary shall maintain, for each covered commodity and upland cotton, base acres and payment yields on a farm established under sections 8702 and 8751 of this title, as adjusted pursuant to sections 8711, 8712, 8718, and 8752 of this title, as in effect on September 30, 2013, and as adjusted pursuant to sections 9012 and 9013 of this title.
**(b) Streamlining** In implementing this chapter and the amendments made by this title,11 See References in Text note below. the Secretary shall—
(1) continue to reduce administrative burdens and costs to producers by streamlining and reducing paperwork, forms, and other administrative requirements, to ensure that—
(A) a producer (or an agent of a producer) may report information, electronically (including geospatial data) or conventionally, to the Department of Agriculture, subject to the Secretary—
(i) establishing reasonable levels of tolerance that reflect the differences in accuracy between measures of common land units and geospatial data; and
(ii) ensuring that discrepancies that occur within the levels of tolerance established under clause (i) shall not be used to penalize a producer (or an agent of a producer) under any program administered by the Department of Agriculture;
(B) on the request of a producer (or an agent of a producer), the Department of Agriculture electronically shares with the producer (or agent) in real time and without cost to the producer (or agent) the common land unit data, related farm level data, conservation practices, and other information of the producer through a single Department of Agriculture-wide login;
(C) not later than September 30, 2020, the Administrator of the Risk Management Agency and the Administrator of
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Federal law — U.S. Code and appendices · legal_authorities
Page 2257
TITLE 7—AGRICULTURE
§ 9001
Sec.
9054.
Participation of dairy operations in dairy
margin coverage.
9055.
Production history of participating dairy op-
erations.
9056.
Dairy margin coverage payments.
9057.
Premiums for dairy margin coverage.
9058.
Effect of failure to pay administrative fees or
premiums.
9059.
Duration.
9060.
Administration and enforcement.
PART B—MILK DONATION PROGRAM
9071.
Milk donation program.
9071a.
Dairy donation program.
SUBCHAPTER
IV—SUPPLEMENTAL
AGRICUL-
TURAL DISASTER ASSISTANCE PROGRAMS
9081.
Supplemental agricultural disaster assist-
ance.
SUBCHAPTER V—ADMINISTRATION
9091.
Administration generally.
9092.
Suspension of permanent price support au-
thority.
9093.
Prevention of deceased individuals receiving
payments under farm commodity programs.
9094.
Assignment of payments.
9095.
Tracking of benefits.
9096.
Signature authority.
9097.
Implementation.
§ 9001. Definition of Secretary of Agriculture
In this Act, the term ‘‘Secretary’’ means the
Secretary of Agriculture.
(Pub. L. 113–79, § 2, Feb. 7, 2014, 128 Stat. 658.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, is Pub. L. 113–79, Feb. 7,
2014, 128 Stat. 649, known as the Agricultural Act of
2014. For complete classification of this Act to the
Code, see Short Title note set out below and Tables.
CODIFICATION
This section was not enacted as part of title I of Pub.
L. 113–79 which comprises this chapter.
Statutory Notes and Related Subsidiaries
SHORT TITLE OF 2018 AMENDMENT
Pub. L. 115–334, § 1(a), Dec. 20, 2018, 132 Stat. 4490, pro-
vided that: ‘‘This Act [see Tables for classification]
may be cited as the ‘Agriculture Improvement Act of
2018’.’’
Pub. L. 115–123, div. F, Feb. 9, 2018, 132 Stat. 312, pro-
vide
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 9001
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