2016 US Code
Title 7 - Agriculture
Chapter 100 - Agricultural Market Transition
Subchapter V - Administration
Sec. 7283 - Commodity Credit Corporation interest rate

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Citation 7 U.S.C. § 7283 (2016)
Section Name §7283. Commodity Credit Corporation interest rate
Section Text (a) In general

Notwithstanding any other provision of law, the monthly Commodity Credit Corporation interest rate applicable to loans provided for agricultural commodities by the Corporation shall be 100 basis points greater than the rate determined under the applicable interest rate formula in effect on October 1, 1995.

(b) Sugar

For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under section 7272 of this title shall not be considered an agricultural commodity.

Source Credit

(Pub. L. 104–127, title I, §163, Apr. 4, 1996, 110 Stat. 935; Pub. L. 107–171, title I, §1401(c), May 13, 2002, 116 Stat. 187.)

Editorial Notes AMENDMENTS

2002—Pub. L. 107–171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

Publication Title United States Code, 2012 Edition, Supplement 4, 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 V - ADMINISTRATION
Sec. 7283 - Commodity Credit Corporation interest rate
Contains section 7283
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large References 110 Stat. 935
116 Stat. 187
Public Law References Public Law 104-127, Public Law 107-171
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