§ 1348. Payments in kind to equalize cost of cotton to domestic and foreign users; rules and regulations; termination date; persons eligible; amount; terms and conditions; raw cotton in inventory

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1938

   Agricultural Act of 1964

   Pub. L. 88–297 title I § 101 · 78 Stat. 173

   Enacted · 7 U.S.C. § 1348

   Feb. 16, 1938, ch. 30, title III, § 348, as added Pub. L. 88–297, title I, § 101, Apr. 11, 1964, 78 Stat. 173

   Source evidence

   Code source credit
   Feb. 16, 1938, ch. 30, title III, § 348, as added Pub. L. 88–297, title I, § 101, Apr. 11, 1964, 78 Stat. 173

   Enacted provision · exact public law section
   Sec. 101. The Agricultural Adjustment Act of 1938, as amended, 52 Stat. 31. 7 USC 1281. is amended by adding the following new section: “Sec. 348. In order to maintain and expand domestic consumption Payment-in-kind certificates, issuance. of upland cotton produced in the United States and to prevent discrimination against, the domestic users of such cotton, notwithstanding any other provision of law, the Commodity Credit Corporation, under such rules and regulations as the Secretary may prescribe, is authorized and directed for the period beginning with the date of enactment of this section and ending July 31, 1966, to make payments through the issuance of payment-in-kind certificates to persons other than producers in such amounts and subject to such terms and conditions as the Secretary determines will eliminate inequities due to differences in the cost, of raw cotton between domestic and foreign users of such cotton, including such payments as may be necessary to make raw cotton in inventory on the date of enactment of this section available for consumption at prices consistent with the purposes of this section: Provided, That for the period beginning August 1 of the marketing year for the first crop for which price support is made available under section 103(b) of the Agricultural Act of 1949, as amended, and ending Post, p. 174. July 31, 1966, such payments shall be made in an amount which will make upland cotton produced in the United States available for domestic use at a price which is not in excess of the price at which such cotton is made available for export.”

2. 1965

   Food and Agriculture Act of 1965

   Pub. L. 89–321 title IV § 401(1) · 79 Stat. 1187

   Changed · 7 U.S.C. § 1348

   Pub. L. 89–321 authorized Secretary to extend period for performance of obligations incurred in connection with payments made for period ending July 31, 1966, or to make payments in raw cotton in inventory on July 31, 1966

   Source evidence

   Code amendment note
   Pub. L. 89–321 authorized Secretary to extend period for performance of obligations incurred in connection with payments made for period ending July 31, 1966, or to make payments in raw cotton in inventory on July 31, 1966.

   Enacted provision · exact public law section
   (1) Section 348 of the Act is amended by adding the following new sentences at the end thereof: “The Secretary may extend the period for performance of obligations incurred in connection with payments made for the period ending July 31, 1966, or may make payments on raw cotton in inventory on July 31, 1966, at the rate in effect on such date. No payments shall be made hereunder with respect to 1966 crop cotton.”

2 of 2 references resolved to an enrolled provision