2015 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 100 - Agricultural Market Transition (Sections 7201 - 7334)
Subchapter VIII - Miscellaneous Commodity Provisions (Sections 7331 - 7334)
Sec. 7334 - Flood risk reduction
Publication Title | United States Code, 2012 Edition, Supplement 3, Title 7 - AGRICULTURE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 7 - AGRICULTURE CHAPTER 100 - AGRICULTURAL MARKET TRANSITION SUBCHAPTER VIII - MISCELLANEOUS COMMODITY PROVISIONS Sec. 7334 - Flood risk reduction |
Contains | section 7334 |
Date | 2015 |
Laws In Effect As Of Date | January 3, 2016 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 104-127, title III, §385, Apr. 4, 1996, 110 Stat. 1016. |
Statutes at Large References | 99 Stat. 1354 110 Stat. 1016, 896 |
Public and Private Laws | Public Law 99-198, Public Law 104-127 |
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During fiscal years 1996 through 2002, the Secretary of Agriculture (referred to in this section as the "Secretary") may enter into a contract with a producer on a farm who has contract acreage under the Agricultural Market Transition Act [7 U.S.C. 7201 et seq.] that is frequently flooded.
(b) Duties of producersUnder the terms of the contract, with respect to acres that are subject to the contract, the producer must agree to—
(1) the termination of any contract acreage and production flexibility contract under the Agricultural Market Transition Act [7 U.S.C. 7201 et seq.];
(2) forgo loans for contract commodities, oilseeds, and extra long staple cotton;
(3) not apply for crop insurance issued or reinsured by the Secretary;
(4) comply with applicable highly erodible land and wetlands conservation compliance requirements established under title XII of the Food Security Act of 1985 (16 U.S.C. 3801 et seq.);
(5) not apply for any conservation program payments from the Secretary;
(6) not apply for disaster program benefits provided by the Secretary; and
(7) refund the payments, with interest, issued under the flood risk reduction contract to the Secretary, if the producer violates the terms of the contract or if the producer transfers the property to another person who violates the contract.
(c) Duties of SecretaryIn return for a contract entered into by a producer under this section, the Secretary shall pay the producer an amount that is not more than 95 percent of projected contract payments under the Agricultural Market Transition Act [7 U.S.C. 7201 et seq.] that the Secretary estimates the producer would otherwise have received during the period beginning at the time the contract is entered into under this section and ending September 30, 2002.
(d) Commodity Credit CorporationThe Secretary shall carry out the program authorized by this section (other than subsection (e)) through the Commodity Credit Corporation.
(e) Additional payments(1) In generalSubject to the availability of advanced appropriations, the Secretary may make payments to a producer described in subsection (a), in addition to the payments provided under subsection (c), to offset other estimated Federal Government outlays on frequently flooded land.
(2) Authorization of appropriationsThere are authorized to be appropriated such sums as are necessary to carry out paragraph (1).
(f) Limitation on paymentsAmounts made available for production flexibility contracts under section 7213 of this title shall be reduced by an amount that is equal to the contract payments that producers forgo under subsection (b)(1) of this section.
(Pub. L. 104–127, title III, §385, Apr. 4, 1996, 110 Stat. 1016.)
REFERENCES IN TEXTThe Agricultural Market Transition Act, referred to in subsecs. (a), (b)(1), and (c), is title I of Pub. L. 104–127, Apr. 4, 1996, 110 Stat. 896, which is classified principally to this chapter. For complete classification of this Act to the Code, see References in Text note set out under section 7201 of this title and Tables.
The Food Security Act of 1985, referred to in subsec. (b)(4), is Pub. L. 99–198, Dec. 23, 1985, 99 Stat. 1354. Title XII of the Act is classified principally to chapter 58 (§3801 et seq.) of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title of 1985 Amendment note set out under section 1281 of this title and Tables.
CODIFICATIONSection was enacted as part of title III of the Federal Agriculture Improvement and Reform Act of 1996, and not as part of title I of the Act, known as the Agricultural Market Transition Act, which comprises this chapter.
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