
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: 7USC7282]

 
                          TITLE 7--AGRICULTURE
 
               CHAPTER 100--AGRICULTURAL MARKET TRANSITION
 
                      SUBCHAPTER V--ADMINISTRATION
 
Sec. 7282. Adjustments of loans


(a) Adjustment authority

    The Secretary may make appropriate adjustments in the loan rates for 
any commodity for differences in grade, type, quality, location, and 
other factors.

(b) Manner of adjustment

    The adjustments under the authority of this section shall, to the 
maximum extent practicable, be made in such manner that the average loan 
level for the commodity will, on the basis of the anticipated incidence 
of the factors, be equal to the level of support determined as provided 
in this chapter.

(c) Adjustment on county basis

    The Secretary may establish loan rates for a crop for producers in 
individual counties in a manner that results in the lowest such rate 
being 95 percent of the national average loan rate, except that such 
action shall not result in an increase in outlays. Adjustments under 
this subsection shall not result in an increase in the national average 
loan rate for any year.

(Pub. L. 104-127, title I, Sec. 162, Apr. 4, 1996, 110 Stat. 935.)

                       References in Text

    For definition of ``this chapter'', referred to in subsec. (b), see 
note set out under section 7201 of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 7271 of this title.
