
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC1310]

 
                          TITLE 7--AGRICULTURE
 
             CHAPTER 35--AGRICULTURAL ADJUSTMENT ACT OF 1938
 
 SUBCHAPTER II--LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING 
                   QUOTAS, AND MARKETING CERTIFICATES
 
  Part A--Definitions, Loans, Parity Payments, and Consumer Safeguards
 
Sec. 1310. American agriculture protection program


(a) Determination of short supply; suspension of commercial export 
        sales; parity price

    Notwithstanding any other provision of law, whenever the President 
or any other member of the executive branch of the Federal Government 
causes to be suspended, based upon a determination of short supply, the 
commercial export sales of any commodity, as defined in subsection (c) 
of this section, to any country or area with which the United States 
otherwise continues commercial trade, the Secretary of Agriculture 
shall, on the day the suspension is initiated, set the loan level for 
such commodity under the Agricultural Act of 1949, as amended [7 U.S.C. 
1421 et seq.], if a loan program is in effect for the commodity, at 90 
per centum of the parity price for the commodity, as such parity price 
is determined on the day the suspension is initiated.

(b) Duration of loan level

    Any loan level established pursuant to subsection (a) of this 
section shall remain in effect as long as the suspension of commercial 
export sales described in subsection (a) of this section remains in 
effect.

(c) ``Commodity'' defined

    For purposes of this section, the term ``commodity'' shall include 
any of the following: wheat, corn, grain sorghum, soybeans, oats, rye, 
barley, rice, flaxseed, and cotton.

(Pub. L. 95-113, title X, Sec. 1002, Sept. 29, 1977, 91 Stat. 950.)

                       References in Text

    The Agricultural Act of 1949, referred to in subsec. (a), is act 
Oct. 31, 1949, ch. 792, 63 Stat. 1051, as amended, which is classified 
principally to chapter 35A (Sec. 1421 et seq.) of this title. For 
complete classification of this Act to the Code, see Short Title note 
set out under section 1421 of this title and Tables.

                          Codification

    Section was enacted as part of the Food and Agriculture Act of 1977, 
and not as part of the Agricultural Adjustment Act of 1938 which 
comprises this chapter.


                             Effective Date

    Section effective Oct. 1, 1977, see section 1901 of Pub. L. 95-113, 
set out as an Effective Date of 1977 Amendment note under section 1307 
of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 5677 of this title.
