
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC1726]

 
                          TITLE 7--AGRICULTURE
 
        CHAPTER 41--AGRICULTURAL TRADE DEVELOPMENT AND ASSISTANCE
 
        SUBCHAPTER III--EMERGENCY AND PRIVATE ASSISTANCE PROGRAMS
 
Sec. 1726. Maximum level of expenditures


(a) Maximum expenditures

    Except as provided in subsection (b) of this section, programs of 
assistance shall not be undertaken under this subchapter during any 
fiscal year if such programs necessitate an appropriation of more than 
$1,000,000,000 to reimburse the Commodity Credit Corporation for all 
costs incurred in connection with such programs (including the 
Corporation's investment in commodities made available).

(b) Waiver by President

    The President may waive the limitation contained in subsection (a) 
of this section if the President determines that such waiver is 
necessary to undertake programs of assistance to meet urgent 
humanitarian or emergency needs.

(July 10, 1954, ch. 469, title II, Sec. 206, as added Pub. L. 94-161, 
title II, Sec. 209, Dec. 20, 1975, 89 Stat. 854; amended Pub. L. 95-88, 
title II, Sec. 210, Aug. 3, 1977, 91 Stat. 548; Pub. L. 96-53, title II, 
Sec. 203, Aug. 14, 1979, 93 Stat. 368; Pub. L. 99-198, title XI, 
Sec. 1112(a)(2), Dec. 23, 1985, 99 Stat. 1478; Pub. L. 100-202, 
Secs. 12, 13, Dec. 22, 1987, 101 Stat. 1329-448; Pub. L. 100-418, title 
IV, Sec. 4610(d), Aug. 23, 1988, 102 Stat. 1411; Pub. L. 101-624, title 
XV, Sec. 1512, Nov. 28, 1990, 104 Stat. 3640.)


                               Amendments

    1990--Pub. L. 101-624 amended section generally, substituting 
present provisions for provisions prohibiting assistance, except to meet 
famine or other emergencies, or for non-emergency programs conducted by 
non-profit entities, generating foreign currency proceeds, unless 
recipient country is undertaking self-help measures, specific uses for 
currencies are set forth in agreement, and agreement provides that 
currencies will go to alleviating causes of need for assistance, to 
improving food distribution, and increasing availability of commodities 
to neediest persons, or to health programs, and provisions requiring 
annual report by President to Congress on sales and barter and use of 
foreign currency proceeds.
    1988--Pub. L. 100-418 amended directory language of Pub. L. 100-202, 
Sec. 13. See 1987 Amendment note below.
    1987--Subsec. (a). Pub. L. 100-202, as amended by Pub. L. 100-418, 
designated existing provisions as subsec. (a), inserted ``or for 
nonemergency programs conducted by nonprofit voluntary agencies or 
cooperatives,'' after ``requirements,'', and added subsec. (b).
    1985--Pub. L. 99-198 in cl. (3) added subcl. (C).
    1979--Pub. L. 96-53 in cl. (3) added subcl. (A) and designated 
existing provisions as subcl. (B).
    1977--Pub. L. 95-88 substituted ``used for increasing the 
effectiveness of the programs of food distribution and increasing the 
availability of food commodities provided under this subchapter to the 
neediest individuals in recipient countries'' for ``used for purposes 
specified in section 2151a of title 22''.


                    Effective Date of 1990 Amendment

    Amendment by Pub. L. 101-624 effective Jan. 1, 1991, see section 
1513 of Pub. L. 101-624, set out as a note under section 1691 of this 
title.


                    Effective Date of 1979 Amendment

    Amendment by Pub. L. 96-53 effective Oct. 1, 1979, see section 
512(a) of Pub. L. 96-53, set out as a note under section 2151 of Title 
22, Foreign Relations and Intercourse.


                    Effective Date of 1977 Amendment

    Amendment by Pub. L. 95-88 effective Oct. 1, 1977, see section 215 
of Pub. L. 95-88, set out as a note under section 1702 of this title.
