2014 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 46 - Surplus Disposal of Agricultural Commodities (Sections 1851 - 1860)
Sec. 1856 - Transfer of bartered materials to supplemental stockpile; limitation of acquisition to certain programs; authorization of appropriations
Publication Title | United States Code, 2012 Edition, Supplement 2, Title 7 - AGRICULTURE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 7 - AGRICULTURE CHAPTER 46 - SURPLUS DISPOSAL OF AGRICULTURAL COMMODITIES Sec. 1856 - Transfer of bartered materials to supplemental stockpile; limitation of acquisition to certain programs; authorization of appropriations |
Contains | section 1856 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Source Credit | May 28, 1956, ch. 327, title II, §206, 70 Stat. 200; Pub. L. 85-931, §7, Sept. 6, 1958, 72 Stat. 1791; Pub. L. 86-341, title II, §204, Sept. 21, 1959, 73 Stat. 611; Pub. L. 87-456, title III, §303(c), May 24, 1962, 76 Stat. 78; Pub. L. 110-246, title III, §3001(b)(1)(A), (2)(I), June 18, 2008, 122 Stat. 1820. |
Statutes at Large References | 70 Stat. 200 72 Stat. 1791 73 Stat. 611 76 Stat. 78 93 Stat. 319 104 Stat. 3635 122 Stat. 1820 |
Public and Private Laws | Public Law 85-931, Public Law 86-341, Public Law 87-456, Public Law 96-41, Public Law 101-624, Public Law 110-246 |
Download PDF
(a) Strategic and other materials acquired by the Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products, unless acquired for the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act [50 U.S.C. 98 et seq.], or for other purposes shall be transferred to the supplemental stockpile established by section 1704(b) 1 of this title; but no strategic or critical material shall be acquired by the Commodity Credit Corporation as a result of such barter or exchange except for such national stockpile, for such supplemental stockpile, for foreign economic or military aid or assistance programs, or for offshore construction programs, or to meet requirements of Government agencies.
(b) Repealed. Pub. L. 87–456, title III, §303(c), May 24, 1962, 76 Stat. 78.
(c) In order to reimburse the Commodity Credit Corporation for materials transferred to the supplemental stockpile there are hereby authorized to be appropriated amounts equal to the value of any materials so transferred. The value of any such material for the purpose of this subsection, shall be the lower of the domestic market price or the Commodity Credit Corporation's investment therein as of the date of such transfer as determined by the Secretary of Agriculture.
(May 28, 1956, ch. 327, title II, §206, 70 Stat. 200; Pub. L. 85–931, §7, Sept. 6, 1958, 72 Stat. 1791; Pub. L. 86–341, title II, §204, Sept. 21, 1959, 73 Stat. 611; Pub. L. 87–456, title III, §303(c), May 24, 1962, 76 Stat. 78; Pub. L. 110–246, title III, §3001(b)(1)(A), (2)(I), June 18, 2008, 122 Stat. 1820.)
REFERENCES IN TEXTThe Strategic and Critical Materials Stock Piling Act, referred to in subsec. (a), is act June 7, 1939, ch. 190, as revised generally by Pub. L. 96–41, §2, July 30, 1979, 93 Stat. 319, which is classified generally to subchapter III (§98 et seq.) of chapter 5 of Title 50, War and National Defense. For complete classification of this Act to the Code, see section 98 of Title 50 and Tables.
Section 1704(b) of this title, referred to in subsec. (a), was amended generally by Pub. L. 101–624, title XV, §1512, Nov. 28, 1990, 104 Stat. 3635, and, as so amended, no longer contains provisions relating to a supplemental stockpile.
AMENDMENTS2008—Subsec. (a). Pub. L. 110–246 made technical amendment to reference in original act which appears in text as reference to section 1704(b) of this title.
1962—Subsec. (b). Pub. L. 87–456 repealed subsec. (b) which permitted strategic materials acquired by Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products to be entered, or withdrawn from warehouse, free of duty.
1959—Subsec. (a). Pub. L. 86–341 authorized acquisition of strategic and critical materials for national stockpile to meet requirements of Government agencies.
1958—Subsec. (a). Pub. L. 85–931 limited acquisition of strategic and critical materials for national stockpile, supplemental stockpile, foreign economic or military aid or assistance programs and offshore construction programs.
EFFECTIVE DATE OF 2008 AMENDMENTAmendment by Pub. L. 110–246 effective May 22, 2008, see section 4(b) of Pub. L. 110–246, set out as an Effective Date note under section 8701 of this title.
EFFECTIVE DATE OF 1962 AMENDMENTAmendment by Pub. L. 87–456 effective with respect to articles entered, or withdrawn from warehouse, for consumption on or after Aug. 31, 1963, see section 501(a) of Pub. L. 87–456.
1 See References in Text note below.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.