§ 1447. — Price support levels for other nonbasic agricultural commodities.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1447]
TITLE 7--AGRICULTURE
CHAPTER 35A--PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER III--NONBASIC AGRICULTURAL COMMODITIES
Sec. 1447. Price support levels for other nonbasic agricultural
commodities
The Secretary is authorized to make available through loans,
purchases, or other operations price support to producers for any
nonbasic agricultural commodity not designated in sections 1446, 1446a,
and 1446d \1\ of this title at a level not in excess of 90 per centum of
the parity price for the commodity.
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\1\ See References in Text note below.
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(Oct. 31, 1949, ch. 792, title III, Sec. 301, 63 Stat. 1053; Pub. L. 95-
113, title X, Sec. 1003(a), Sept. 29, 1977, 91 Stat. 950.)
References in Text
Section 1446d of this title, referred to in text, was omitted from
the Code.
Amendments
1977--Pub. L. 95-113 temporarily inserted provisions authorizing
Secretary to make price support available for the 1978 through 1981
crops of flaxseed, dry edible beans, gum naval stores, and, in the case
of the 1979 through 1981 crops, sugar beets and sugar cane, and for
other nonbasic undesignated commodities. See Effective and Termination
Dates of 1977 Amendment note below.
Effective and Termination Dates of 1977 Amendment
Section 1003(a) of Pub. L. 95-113 provided that the amendment made
by that section is effective only with respect to 1978 through 1981
crops.
Inapplicability of Section
Section inapplicable to 2002 through 2007 crops of covered
commodities, peanuts, and sugar and inapplicable to milk during period
beginning May 13, 2002, through Dec. 31, 2007, see section 7992(b)(9) of
this title.
Section inapplicable to 1996 through 2002 crops of loan commodities,
peanuts, and sugar and inapplicable to milk during period beginning Apr.
4, 1996, and ending Dec. 31, 2002, see section 7301(b)(1)(I) of this
title.
Elimination of Wool and Mohair Programs
Pub. L. 103-130, Sec. 3(c), Nov. 1, 1993, 107 Stat. 1369, provided
that: ``Effective beginning December 31, 1995, the Secretary of
Agriculture may not provide loans or payments for wool or mohair by
using the funds of the Commodity Credit Corporation or under the
authority of any law.''
Other Price Support Programs in Effect on September 29, 1977
Section 1003(b) of Pub. L. 95-113 provided that: ``The amendment
made by this section [amending this section] to the Agricultural Act of
1949 shall not be operative in any manner with respect to any price
support program in effect on the date of enactment of this Act [Sept.
29, 1977].''
Section Referred to in Other Sections
This section is referred to in sections 1446, 1449, 7301, 7992 of
this title.
