
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: 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.
---------------------------------------------------------------------------
    \1\ See References in Text note below.
---------------------------------------------------------------------------

(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 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 of this 
title.
