
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: 7USC5641]

 
                          TITLE 7--AGRICULTURE
 
                      CHAPTER 87--EXPORT PROMOTION
 
               SUBCHAPTER II--AGRICULTURAL EXPORT PROGRAMS
 
                         Part B--Implementation
 
Sec. 5641. Funding levels


(a) Direct credit programs

    The Commodity Credit Corporation may make available for each fiscal 
year such funds of the Commodity Credit Corporation as it determines 
necessary to carry out any direct credit program established under 
section 5621 of this title.

(b) Export credit guarantee programs

                    (1) Export credit guarantees

        The Commodity Credit Corporation shall make available for each 
    of fiscal years 1996 through 2002 not less than $5,500,000,000 in 
    credit guarantees under subsections (a) and (b) of section 5622 of 
    this title.

                  (2) Limitation on origination fee

        Notwithstanding any other provision of law, the Secretary may 
    not charge an origination fee with respect to any credit guarantee 
    transaction under section 5622(a) of this title in excess of an 
    amount equal to 1 percent of the amount of credit to be guaranteed 
    under the transaction, except with respect to an export credit 
    guarantee transaction pursuant to section 1542(b) of the Food, 
    Agriculture, Conservation, and Trade Act of 1990 (Public Law 101-
    624; 7 U.S.C. 5622 note).

(c) Market access programs

    The Commodity Credit Corporation or the Secretary shall make 
available for market access activities authorized to be carried out by 
the Commodity Credit Corporation under section 5623 of this title--
        (1) in addition to any funds that may be specifically 
    appropriated to implement a market access program, not less than 
    $200,000,000 for each of the fiscal years 1991 through 1993, not 
    less than $110,000,000 for each of the fiscal years 1994 through 
    1995, and not more than $90,000,000 for each of fiscal years 1996 
    through 2002, of the funds of, or an equal value of commodities 
    owned by, the Commodity Credit Corporation; and
        (2) any funds that may be specifically appropriated to carry out 
    a market access program under section 5623 of this title.

(Pub. L. 95-501, title II, Sec. 211, as added Pub. L. 101-624, title XV, 
Sec. 1531, Nov. 28, 1990, 104 Stat. 3677; amended Pub. L. 103-66, title 
I, Sec. 1302(a), Aug. 10, 1993, 107 Stat. 330; Pub. L. 104-127, title 
II, Secs. 243(b), 244(a)(2)(B), (c), Apr. 4, 1996, 110 Stat. 967, 968.)


                               Amendments

    1996--Subsec. (b). Pub. L. 104-127, Sec. 243(b), added subsec. (b) 
and struck out former subsec. (b) which authorized short and 
intermediate term export credit guarantees for each of fiscal years 1991 
through 1995 and further provided for limitation on origination fees for 
short-term guarantees.
    Subsec. (c). Pub. L. 104-127, Sec. 244(a)(2)(B)(i), (ii), 
substituted ``Market access programs'' for ``Marketing promotion 
programs'' in heading and ``market access activities'' for ``market 
promotion activities'' in introductory provisions.
    Subsec. (c)(1). Pub. L. 104-127, Sec. 244(c), struck out ``and'' 
after ``1993,'' and substituted ``through 1995, and not more than 
$90,000,000 for each of fiscal years 1996 through 2002,'' for ``through 
1997,''.
    Pub. L. 104-127, Sec. 244(a)(2)(B)(iii), substituted ``market access 
program'' for ``market development program''.
    Subsec. (c)(2). Pub. L. 104-127, Sec. 244(a)(2)(B)(iv), substituted 
``market access program'' for ``marketing promotion program''.
    1993--Subsec. (c)(1). Pub. L. 103-66 substituted ``through 1993, and 
not less than $110,000,000 for each of the fiscal years 1994 through 
1997,'' for ``through 1995''.


                    Effective Date of 1996 Amendment

    Section 244(c) of Pub. L. 104-127 provided that the amendment made 
by that section is effective Oct. 1, 1995.
