§ 5622. Export credit guarantee program

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. 1990

   Agricultural Trade Act of 1978

   Pub. L. 95–501 title II § 202 · 92 Stat. 1685

   Enacted · 7 U.S.C. § 5622

   Pub. L. 95–501, title II, § 202, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3673

   Source evidence

   Code source credit
   Pub. L. 95–501, title II, § 202, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3673

   Enacted provision · exact public law section
   Sec. 202. credit sales to the people’s republic of china Notwithstanding any other provision of law, in order to 7 USC 1707c. expand and develop markets for United States agricultural commodities, the Commodity Credit Corporation may provide financing for commercial sales of agricultural commodities out of private stocks on terms of not to exceed three years to the People’s Republic of China under (1) the short-term export credit sales program conducted by the Corporation, and (2) the deferred payment sales program for exporters established under section 201 of this title.

2. 1991

   Pub. L. 102–237 title III § 334 · 105 Stat. 1818

   Substituted · 7 U.S.C. § 5622(i)

   Pub. L. 102–237 substituted “issued by the Commodity Credit Corporation under this section if it is determined by the Corporation, at the time of the assignment, that” for “or proceeds payable under a credit guarantee issued by the Commodity Credit Corporation under this section if it is determined by the Corporation that”

   Source evidence

   Code amendment note
   Subsec. (i). Pub. L. 102–237 substituted “issued by the Commodity Credit Corporation under this section if it is determined by the Corporation, at the time of the assignment, that” for “or proceeds payable under a credit guarantee issued by the Commodity Credit Corporation under this section if it is determined by the Corporation that”.

   Enacted provision · exact public law section
   SEC. 334. EXPORT CREDIT GUARANTEE PROGRAM. Section 202(i) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(i)) is amended by striking “or proceeds payable under a credit guarantee issued by the Commodity Credit Corporation under this section if it is determined by the Corporation that” and inserting “issued by the Commodity Credit Corporation under this section if it is determined by the Corporation, at the time of the assignment, that”.

3. 1992

   Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992

   Pub. L. 102–511 § 709(a)(1) · 106 Stat. 3320

   Inserted · 7 U.S.C. § 5622(a); 7 U.S.C. § 5622(b)

   Pub. L. 102–511, § 709(a)(1), inserted “, including processed agricultural products and high-value agricultural products,” after “agricultural commodities”

   Source evidence

   Code amendment note
   Subsecs. (a), (b). Pub. L. 102–511, § 709(a)(1), inserted “, including processed agricultural products and high-value agricultural products,” after “agricultural commodities”.

   Enacted provision · exact public law section
   (1) in subsections (a) and (b), by inserting “, including processed agricultural products and high-value agricultural products,” after “agricultural commodities” both places it appears; and

4. 1992

   Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992

   Pub. L. 102–511 § 708(a) · 106 Stat. 3320

   Inserted · 7 U.S.C. § 5622(c)

   Pub. L. 102–511, § 708(a), inserted sentence at end

   Source evidence

   Code amendment note
   Subsec. (c). Pub. L. 102–511, § 708(a), inserted sentence at end.

   Enacted provision · exact public law section
   (a) Required Determinations.— Section 202(c) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(c)) is amended by inserting after paragraph (3) the following: “The reference in paragraphs (1) and (2) to ‘on a long-term basis’ shall not apply in the case of determinations with respect to sales to the independent states of the former Soviet Union.”.

5. 1992

   Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992

   Pub. L. 102–511 § 708(b) · 106 Stat. 3320

   Amended · 7 U.S.C. § 5622(d)(3)

   Pub. L. 102–511, § 708(b), amended par. (3) generally. Prior to amendment, par. (3) read as follows: “to assist countries, particularly developing countries, in meeting their food and fiber needs; and”

   Source evidence

   Code amendment note
   Subsec. (d)(3). Pub. L. 102–511, § 708(b), amended par. (3) generally. Prior to amendment, par. (3) read as follows: “to assist countries, particularly developing countries, in meeting their food and fiber needs; and”.

   Enacted provision · exact public law section
   (b) Purpose of Program.— Section 202(d)(3) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(c)) to read as follows: “(3) to assist countries in meeting their food and fiber needs, particularly— “(A) developing countries; and “(B) countries that are emerging democracies that have committed to carry out, or are carrying out, policies that promote economic freedom, private domestic production of food commodities for domestic consumption, and the creation and expansion of efficient domestic markets for the purchase and sale of agricultural commodities; and”.

6. 1992

   Freedom for Russia and Emerging Eurasian Democracies and Open Markets Support Act of 1992

   Pub. L. 102–511 § 709(a)(2) · 106 Stat. 3320

   Added · 7 U.S.C. § 5622(k)

   Pub. L. 102–511, § 709(a)(2), added subsec. (k)

   Source evidence

   Code amendment note
   Subsec. (k). Pub. L. 102–511, § 709(a)(2), added subsec. (k).

   Enacted provision · exact public law section
   (2) by adding at the end the following new subsection: “(k) Set-Asides.— “(1) In general.— In issuing export credit guarantees under this section in connection with sales to the independent states of the former Soviet Union, the Commodity Credit Corporation shall, to the extent practicable and subject to paragraph (2), ensure that no less than 35 percent of the total amount of credit guarantees issued for a fiscal year are issued to promote the export of processed and high-value agricultural products and that the balance are issued to promote the export of bulk or raw agricultural commodities. “(2) Limitation.— The 35 percent requirement of paragraph (1) shall apply for a fiscal year only to the extent that the percentage of the total amount of credit guarantees issued for that fiscal year under this section to promote the export to all countries of processed and high-value agricultural products is less than 25 percent.”.

7. 1996

   Federal Agriculture Improvement and Reform Act of 1996

   Pub. L. 104–127 § 243(a)(1) · 110 Stat. 888

   1. Amended · 7 U.S.C. § 5622(a)

      Pub. L. 104–127, § 243(a)(1), designated existing provisions as par. (1)

   2. Inserted · 7 U.S.C. § 5622(a)

      Pub. L. 104–127, § 243(a)(1), inserted heading

   3. Added · 7 U.S.C. § 5622(a)

      Pub. L. 104–127, § 243(a)(1), added par. (2)

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 104–127, § 243(a)(1), designated existing provisions as par. (1), inserted heading, and added par. (2).

   Enacted provision · exact public law section
   (1) in subsection (a)— (A) by striking “Guarantees.—The” and inserting the following: “Guarantees.— “(1) In general.— The”; and (B) by adding at the end the following: “(2) Supplier credits.— In carrying out this section, the Commodity Credit Corporation may issue guarantees for the repayment of credit made available for a period of not more than 180 days by a United States exporter to a buyer in a foreign country.”;

8. 1996

   Federal Agriculture Improvement and Reform Act of 1996

   Pub. L. 104–127 § 277(c)(3) · 110 Stat. 888

   Substituted · 7 U.S.C. § 5622(d)(3)(B)

   Pub. L. 104–127, § 277(c)(3), substituted “emerging markets” for “emerging democracies”

   Source evidence

   Code amendment note
   Subsec. (d)(3)(B). Pub. L. 104–127, § 277(c)(3), substituted “emerging markets” for “emerging democracies”.

   Enacted provision · exact public law section
   (3) Section 202(d)(3)(B) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(d)(3)(B)) is amended by striking “emerging democracies” and inserting “emerging markets”.

9. 1996

   Federal Agriculture Improvement and Reform Act of 1996

   Pub. L. 104–127 § 243(a)(2) · 110 Stat. 888

   1. Amended · 7 U.S.C. § 5622(f)

      Pub. L. 104–127, § 243(a)(2), designated existing provisions as par. (1)

   2. Inserted · 7 U.S.C. § 5622(f)

      Pub. L. 104–127, § 243(a)(2), inserted heading

   3. Added · 7 U.S.C. § 5622(f)

      Pub. L. 104–127, § 243(a)(2), added par. (2)

   Source evidence

   Code amendment note
   Subsec. (f). Pub. L. 104–127, § 243(a)(2), designated existing provisions as par. (1), inserted heading, and added par. (2).

   Enacted provision · exact public law section
   (2) in subsection (f)— (A) by striking “(f) Restrictions.—The” and inserting the following: “(f) Restrictions.— “(1) In general.— The”; and (B) by adding at the end the following: “(2) Criteria for determination.— In making the determination required under paragraph (1) with respect to credit guarantees under subsection (h) for a country, the Secretary may consider, in addition to financial, macroeconomic, and monetary indicators— “(A) whether an International Monetary Fund standby agreement, Paris Club rescheduling plan, or other economic restructuring plan is in place with respect to the country; “(B) whether the country is addressing issues such as— “(i) the convertibility of the currency of the country; “(ii) adequate legal protection for foreign investments; “(iii) the viability of the financial markets of the country; and “(iv) adequate legal protection for the private property rights of citizens of the country; or “(C) any other factors that are relevant to the ability of the country to service the debt of the country.”;

10. 1996

    Federal Agriculture Improvement and Reform Act of 1996

    Pub. L. 104–127 § 243(a)(3) · 110 Stat. 888

    1. Added · 7 U.S.C. § 5622(h)

       Pub. L. 104–127, § 243(a)(3), added subsec. (h)

    2. Struck · 7 U.S.C. § 5622(h)

       Pub. L. 104–127, § 243(a)(3), struck out heading and text of former subsec. (h). Text read as follows: “The Commodity Credit Corporation shall finance or guarantee under this section only United States agricultural commodities. The Commodity Credit Corporation shall not finance or guarantee under this section the value of any foreign agricultural component.”

    Source evidence

    Code amendment note
    Subsec. (h). Pub. L. 104–127, § 243(a)(3), added subsec. (h) and struck out heading and text of former subsec. (h). Text read as follows: “The Commodity Credit Corporation shall finance or guarantee under this section only United States agricultural commodities. The Commodity Credit Corporation shall not finance or guarantee under this section the value of any foreign agricultural component.”

    Enacted provision · exact public law section
    (3) by striking subsection (h) and inserting the following: “(h) United States Agricultural Commodities.— The Commodity Credit Corporation shall finance or guarantee under this section only United States agricultural commodities.”;

11. 1996

    Federal Agriculture Improvement and Reform Act of 1996

    Pub. L. 104–127 § 243(a)(4) · 110 Stat. 888

    1. Amended · 7 U.S.C. § 5622(i)

       Pub. L. 104–127, § 243(a)(4), designated existing provisions as par. (1)

    2. Inserted · 7 U.S.C. § 5622(i)

       Pub. L. 104–127, § 243(a)(4), inserted heading

    3. Struck · 7 U.S.C. § 5622(i)

       Pub. L. 104–127, § 243(a)(4), struck out former par. (1) which read as follows: “is not in a sound financial condition;”

    4. Redesignated · 7 U.S.C. § 5622(i)

       Pub. L. 104–127, § 243(a)(4), redesignated pars. (2) and (3) as subpars. (A) and (B), respectively, of par. (1)

    5. Added · 7 U.S.C. § 5622(i)

       Pub. L. 104–127, § 243(a)(4), added par. (2)

    Source evidence

    Code amendment note
    Subsec. (i). Pub. L. 104–127, § 243(a)(4), designated existing provisions as par. (1), inserted heading, struck out former par. (1) which read as follows: “is not in a sound financial condition;”, redesignated pars. (2) and (3) as subpars. (A) and (B), respectively, of par. (1), and added par. (2).

    Enacted provision · exact public law section
    (4) in subsection (i)— (A) by striking paragraph ( 1); (B) by striking “Institutions.—A financial” and inserting the following: “Institutions.— “(1) In general.— A financial”; (C) by striking “(2) is” and inserting the following: “(A) is”; (D) by striking “(3) is” and inserting the following: “(B) is”; and (E) by adding at the end the following: “(2) Third country banks.— The Commodity Credit Corporation may guarantee under subsections (a) and (b) the repayment of credit made available to finance an export sale irrespective of whether the obligor is located in the country to which the export sale is destined.”; and

12. 1996

    Federal Agriculture Improvement and Reform Act of 1996

    Pub. L. 104–127 § 243(a)(5) · 110 Stat. 888

    1. Added · 7 U.S.C. § 5622(k)

       Pub. L. 104–127, § 243(a)(5), added subsec. (k)

    2. Struck · 7 U.S.C. § 5622(k)

       Pub. L. 104–127, § 243(a)(5), struck out heading and text of former subsec. (k). Text read as follows:

    Source evidence

    Code amendment note
    Subsec. (k). Pub. L. 104–127, § 243(a)(5), added subsec. (k) and struck out heading and text of former subsec. (k). Text read as follows:

    “(1) In general.—In issuing export credit guarantees under this section in connection with sales to the independent states of the former Soviet Union, the Commodity Credit Corporation shall, to the extent practicable and subject to paragraph (2), ensure that no less than 35 percent of the total amount of credit guarantees issued for a fiscal year are issued to promote the export of processed and high-value agricultural products and that the balance are issued to promote the export of bulk or raw agricultural commodities. “(2) Limitation.—The 35 percent requirement of paragraph (1) shall apply for a fiscal year only to the extent that the percentage of the total amount of credit guarantees issued for that fiscal year under this section to promote the export to all countries of processed and high-value agricultural products is less than 25 percent.”

    Enacted provision · exact public law section
    (5) by striking subsection (k) and inserting the following: “(k) Processed and High-Value Products.— (1) In general.— In issuing export credit guarantees under this section, the Commodity Credit Corporation shall, subject to paragraph (2), ensure that not less than 25 percent for each of fiscal years 1996 and 1997, 30 percent for each of fiscal years 1998 and 1999, and 35 percent for each of fiscal years 2000, 2001, and 2002, of the total amount of credit guarantees issued for a fiscal year is issued to promote the export of processed or high-value agricultural products and that the balance is issued to promote the export of bulk or raw agricultural commodities. “(2) Limitation.— The percentage requirement of paragraph (1) shall apply for a fiscal year to the extent that a reduction in the total amount of credit guarantees issued for the fiscal year is not required to meet the percentage requirement.”.

13. 2002

    Pub. L. 107–171 § 3102(a) · 116 Stat. 134

    Added · 7 U.S.C. § 5622(a)(3)

    Pub. L. 107–171, § 3102(a), added par. (3)

    Source evidence

    Code amendment note
    Subsec. (a)(3). Pub. L. 107–171, § 3102(a), added par. (3).

    Enacted provision · exact public law section
    (a) Terms of Supplier Credit Program.— Section 202(A) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(A)) is amended by adding at the end the following: “(3) Extended supplier credits.— “(A) In general.— Subject to the appropriation of funds under subparagraph (B), in carrying out this section, the Commodity Credit Corporation may issue guarantees for the repayment of credit made available for a period of more than 180 days, but not more than 360 days, by a United States exporter to a buyer in a foreign country. “(B) Authorization of appropriations.— There are authorized to be appropriated such sums as are necessary to fund the additional costs attributable to the portion of any guarantee issued under this paragraph to cover the repayment of credit beyond the initial 180-day period.”.

14. 2002

    Pub. L. 107–171 § 3102(b) · 116 Stat. 134

    Substituted · 7 U.S.C. § 5622(k)(1)

    Pub. L. 107–171, § 3102(b), substituted “through 2007” for “, 2001, and 2002”

    Source evidence

    Code amendment note
    Subsec. (k)(1). Pub. L. 107–171, § 3102(b), substituted “through 2007” for “, 2001, and 2002”.

    Enacted provision · exact public law section
    “(b) Processed and High-Value Products.— Section 202(k)(1) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(k)(1)) is amended by striking “, 2001, and 2002” and inserting “through 2007”.

15. 2002

    Pub. L. 107–171 § 3102(c) · 116 Stat. 134

    Added · 7 U.S.C. § 5622(l)

    Pub. L. 107–171, § 3102(c), added subsec. (l)

    Source evidence

    Code amendment note
    Subsec. (l). Pub. L. 107–171, § 3102(c), added subsec. (l).

    Enacted provision · exact public law section
    SEC. 3102. EXPORT CREDIT GUARANTEE PROGRAM. (a) Terms of Supplier Credit Program.— Section 202(A) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(A)) is amended by adding at the end the following: “(3) Extended supplier credits.— “(A) In general.— Subject to the appropriation of funds under subparagraph (B), in carrying out this section, the Commodity Credit Corporation may issue guarantees for the repayment of credit made available for a period of more than 180 days, but not more than 360 days, by a United States exporter to a buyer in a foreign country. “(B) Authorization of appropriations.— There are authorized to be appropriated such sums as are necessary to fund the additional costs attributable to the portion of any guarantee issued under this paragraph to cover the repayment of credit beyond the initial 180-day period.”. “(b) Processed and High-Value Products.— Section 202(k)(1) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(k)(1)) is amended by striking “, 2001, and 2002” and inserting “through 2007”. “(b) Report.— Section 202 of the Agricultural Trade Act of 1978 (7 U.S.C. 5622) is amended by adding at the end the following: “(1) Consultation on Agricultural Export Credit Programs.— The Secretary and the United States Trade Representative shall consult on a regular basis with the Committee on Agriculture, and the Committee on International Relations, of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate on the status of multilateral negotiations regarding agricultural export credit programs.”. (d) Reauthorization.— Section 211(b)(1) of the Agricultural Trade Act of 1978 (7 U.S.C. 5641(b)(1)) is amended by striking “2002” and inserting “2007".

16. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(1) · 122 Stat. 1651

    1. Struck · 7 U.S.C. § 5622(a)

       Pub. L. 110–246, § 3101(a)(1), struck out par. (1) designation and heading before “The Commodity”

    2. Struck · 7 U.S.C. § 5622(a)

       Pub. L. 110–246, § 3101(a)(1), struck out pars. (2) and (3) which related to supplier credits and extended supplier credits, respectively

    Source evidence

    Code amendment note
    Subsec. (a). Pub. L. 110–246, § 3101(a)(1), struck out par. (1) designation and heading before “The Commodity” and struck out pars. (2) and (3) which related to supplier credits and extended supplier credits, respectively.

    Enacted provision · exact public law section
    (1) in subsection (a)— (A) by striking “Guarantees.—” and all that follows through “The Commodity” in paragraph (1) and inserting “Guarantees.—The Commodity”; and (B) by striking paragraphs (2) and (3);

    Effective date note
    Amendment 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.

17. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(2) · 122 Stat. 1651

    1. Redesignated · 7 U.S.C. § 5622(b)

       Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (d) as (b)

    2. Struck · 7 U.S.C. § 5622(b)

       Pub. L. 110–246, § 3101(a)(2), (3), struck out former subsec. (b). Prior to amendment, text read as follows: “Subject to the provisions of subsection (c) of this section, the Commodity Credit Corporation may guarantee the repayment of credit made available by financial institutions in the United States to finance commercial export sales of agricultural commodities, including processed agricultural products and high-value agricultural products, from privately owned stocks on credit terms that are for not less than a 3-year period nor for more than a 10-year period in a manner that will directly benefit United States agricultural producers.”

    Source evidence

    Code amendment note
    Subsec. (b). Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (d) as (b) and struck out former subsec. (b). Prior to amendment, text read as follows: “Subject to the provisions of subsection (c) of this section, the Commodity Credit Corporation may guarantee the repayment of credit made available by financial institutions in the United States to finance commercial export sales of agricultural commodities, including processed agricultural products and high-value agricultural products, from privately owned stocks on credit terms that are for not less than a 3-year period nor for more than a 10-year period in a manner that will directly benefit United States agricultural producers.”

    Enacted provision · exact public law section
    (2) by striking subsections (b) and (c);

    Effective date note
    Amendment 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.

18. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(c)(1) · 122 Stat. 1651

    Struck · 7 U.S.C. § 5622(b)(4)

    Pub. L. 110–246, § 3101(c)(1), struck out “, consistent with the provisions of subsection (c) of this section” after “appropriate”

    Source evidence

    Code amendment note
    Subsec. (b)(4). Pub. L. 110–246, § 3101(c)(1), struck out “, consistent with the provisions of subsection (c) of this section” after “appropriate”.

    Enacted provision · exact public law section
    (1) in subsection (b)(4) (as redesignated by subsection (a)(3)), by striking “, consistent with the provisions of subsection (c)”;

    Effective date note
    Amendment 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.

19. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(2) · 122 Stat. 1651

    1. Redesignated · 7 U.S.C. § 5622(c)

       Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (e) as (c)

    2. Struck · 7 U.S.C. § 5622(c)

       Pub. L. 110–246, § 3101(a)(2), (3), struck out former subsec. (c) which related to requirements for guarantees under former subsec. (b)

    Source evidence

    Code amendment note
    Subsec. (c). Pub. L. 110–246, § 3101(a)(2), (3), redesignated subsec. (e) as (c) and struck out former subsec. (c) which related to requirements for guarantees under former subsec. (b).

    Enacted provision · exact public law section
    (2) by striking subsections (b) and (c);

    Effective date note
    Amendment 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.

20. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(c)(2) · 122 Stat. 1651

    1. Struck · 7 U.S.C. § 5622(d)

       Pub. L. 110–246, § 3101(c)(2), struck out par. (1) designation and heading before “The Commodity”

    2. Struck · 7 U.S.C. § 5622(d)

       Pub. L. 110–246, § 3101(c)(2), struck out par. (2) which related to criteria for the determination required under this subsec. with respect to credit guarantees under former subsec. (b)

    Source evidence

    Code amendment note
    Subsec. (d). Pub. L. 110–246, § 3101(c)(2), struck out par. (1) designation and heading before “The Commodity” and struck out par. (2) which related to criteria for the determination required under this subsec. with respect to credit guarantees under former subsec. (b).

    Enacted provision · exact public law section
    (2) in subsection (d) (as redesignated by subsection (a)(3))— (A) by striking “(1)” and all that follows through “The Commodity” and inserting “The Commodity”; and (B) by striking paragraph (2); and

    Effective date note
    Amendment 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.

21. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(3) · 122 Stat. 1651

    Redesignated · 7 U.S.C. § 5622(d)

    Pub. L. 110–246, § 3101(a)(3), redesignated subsec. (f) as (d). Former subsec. (d) redesignated (b)

    Target inherited from the preceding amendment note.

    Source evidence

    Code amendment note
    Pub. L. 110–246, § 3101(a)(3), redesignated subsec. (f) as (d). Former subsec. (d) redesignated (b).

    Enacted provision · exact public law section
    (3) by redesignating subsections (d) through (l) as subsections (b) through (j), respectively; and

    Effective date note
    Amendment 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.

22. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(3) · 122 Stat. 1651

    Redesignated · 7 U.S.C. § 5622(e)(g)

    Pub. L. 110–246, § 3101(a)(3), redesignated subsecs. (g) to (i) as (e) to (g), respectively. Former subsecs. (e) and (f) redesignated (c) and (d), respectively

    Source evidence

    Code amendment note
    Subsecs. (e) to (g). Pub. L. 110–246, § 3101(a)(3), redesignated subsecs. (g) to (i) as (e) to (g), respectively. Former subsecs. (e) and (f) redesignated (c) and (d), respectively.

    Enacted provision · exact public law section
    (3) by redesignating subsections (d) through (l) as subsections (b) through (j), respectively; and

    Effective date note
    Amendment 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.

23. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(c)(3) · 122 Stat. 1651

    Substituted · 7 U.S.C. § 5622(g)(2)

    Pub. L. 110–246, § 3101(c)(3), substituted “subsection (a)” for “subsections (a) and (b)”

    Source evidence

    Code amendment note
    Subsec. (g)(2). Pub. L. 110–246, § 3101(c)(3), substituted “subsection (a)” for “subsections (a) and (b)”.

    Enacted provision · exact public law section
    (3) in subsection (g)(2) (as redesignated by subsection (a)(3)), by striking “subsections (a) and (b)” and inserting “subsection (a)”.

    Effective date note
    Amendment 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.

24. 2008

    Food, Conservation, and Energy Act of 2008

    Pub. L. 110–246 § 3101(a)(3) · 122 Stat. 1651

    1. Redesignated · 7 U.S.C. § 5622(h)(l)

       Pub. L. 110–246, § 3101(a)(3), (4), redesignated subsecs. (j) to (l) as (h) to (j), respectively

    2. Redesignated · 7 U.S.C. § 5622(h)(l)

       Pub. L. 110–246, § 3101(a)(3), (4), added subsec. (k). Former subsecs. (h) and (i) redesignated (f) and (g), respectively

    Source evidence

    Code amendment note
    Subsecs. (h) to (l). Pub. L. 110–246, § 3101(a)(3), (4), redesignated subsecs. (j) to (l) as (h) to (j), respectively, and added subsec. (k). Former subsecs. (h) and (i) redesignated (f) and (g), respectively.

    Enacted provision · exact public law section
    (3) by redesignating subsections (d) through (l) as subsections (b) through (j), respectively; and

    Effective date note
    Amendment 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.

25. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(1) · 128 Stat. 649

    Substituted · 7 U.S.C. § 5622(a)

    Pub. L. 113–79, § 3101(a)(1), substituted “24-month” for “3-year”

    Source evidence

    Code amendment note
    Subsec. (a). Pub. L. 113–79, § 3101(a)(1), substituted “24-month” for “3-year”.

    Enacted provision · exact public law section
    (1) in subsection (a), by striking “3-year” and inserting “24-month”;

26. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(2) · 128 Stat. 649

    Substituted · 7 U.S.C. § 5622(d)

    Pub. L. 113–79, § 3101(a)(2), substituted “obligor” for “country”

    Source evidence

    Code amendment note
    Subsec. (d). Pub. L. 113–79, § 3101(a)(2), substituted “obligor” for “country”.

    Enacted provision · exact public law section
    (2) in subsection (d), by striking “country” and inserting “obligor”;

27. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(3) · 128 Stat. 649

    1. Redesignated · 7 U.S.C. § 5622(i); 7 U.S.C. § 5622(j)

       Pub. L. 113–79, § 3101(a)(3), (4), redesignated subsecs. (j) and (k) as (i) and (j), respectively

    2. Struck · 7 U.S.C. § 5622(i); 7 U.S.C. § 5622(j)

       Pub. L. 113–79, § 3101(a)(3), (4), struck out former subsec. (i) which related to percentages of export credit guarantees issued to promote export of processed or high-value agricultural products in fiscal years 1996 through 2007

    Source evidence

    Code amendment note
    Subsecs. (i), (j). Pub. L. 113–79, § 3101(a)(3), (4), redesignated subsecs. (j) and (k) as (i) and (j), respectively, and struck out former subsec. (i) which related to percentages of export credit guarantees issued to promote export of processed or high-value agricultural products in fiscal years 1996 through 2007.

    Enacted provision · exact public law section
    (3) by striking subsection (i);

28. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(5)(A) · 128 Stat. 649

    1. Redesignated · 7 U.S.C. § 5622(j)(2)(A); 7 U.S.C. § 5622(j)(2)(B)

       Pub. L. 113–79, § 3101(a)(5)(A), (B), redesignated subpars. (C) and (D) as (A) and (B), respectively

    2. Struck · 7 U.S.C. § 5622(j)(2)(A); 7 U.S.C. § 5622(j)(2)(B)

       Pub. L. 113–79, § 3101(a)(5)(A), (B), struck out former subpars. (A) and (B) which read as follows:

    Source evidence

    Code amendment note
    Subsec. (j)(2)(A), (B). Pub. L. 113–79, § 3101(a)(5)(A), (B), redesignated subpars. (C) and (D) as (A) and (B), respectively, and struck out former subpars. (A) and (B) which read as follows:

    “(A) maximize the export sales of agricultural commodities; “(B) maximize the export credit guarantees that are made available and used during the course of a fiscal year;”.

    Enacted provision · exact public law section
    (A) by striking subparagraphs (A) and (B);

29. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(5)(B) · 128 Stat. 649

    1. Redesignated · 7 U.S.C. § 5622(j)(2)(C)

       Pub. L. 113–79, § 3101(a)(5)(B), (D)(i), redesignated subpar. (E) as (C)

    2. Redesignated · 7 U.S.C. § 5622(j)(2)(C)

       Pub. L. 113–79, § 3101(a)(5)(B), (D)(i), struck out “, but do not exceed,” after “cover”. Former subpar. (C) redesignated (A)

    Source evidence

    Code amendment note
    Subsec. (j)(2)(C). Pub. L. 113–79, § 3101(a)(5)(B), (D)(i), redesignated subpar. (E) as (C) and struck out “, but do not exceed,” after “cover”. Former subpar. (C) redesignated (A).

    Enacted provision · exact public law section
    (B) by redesignating subparagraphs (C) through (E) as subparagraphs (A) through (C), respectfully;

30. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(5)(C) · 128 Stat. 649

    Redesignated · 7 U.S.C. § 5622(j)(2)(D)

    Pub. L. 113–79, § 3101(a)(5)(C), (D)(ii), (E), added subpar. (D). Former subpar. (D) redesignated (B)

    Source evidence

    Code amendment note
    Subsec. (j)(2)(D). Pub. L. 113–79, § 3101(a)(5)(C), (D)(ii), (E), added subpar. (D). Former subpar. (D) redesignated (B).

    Enacted provision · exact public law section
    (C) in subparagraph (B) (as so redesignated), by striking “and” at the end;

31. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(5)(B) · 128 Stat. 649

    Redesignated · 7 U.S.C. § 5622(j)(2)(E)

    Pub. L. 113–79, § 3101(a)(5)(B), redesignated subpar. (E) as (C)

    Source evidence

    Code amendment note
    Subsec. (j)(2)(E). Pub. L. 113–79, § 3101(a)(5)(B), redesignated subpar. (E) as (C).

    Enacted provision · exact public law section
    (B) by redesignating subparagraphs (C) through (E) as subparagraphs (A) through (C), respectfully;

32. 2014

    Agricultural Act of 2014

    Pub. L. 113–79 § 3101(a)(4) · 128 Stat. 649

    Redesignated · 7 U.S.C. § 5622(k)

    Pub. L. 113–79, § 3101(a)(4), redesignated subsec. (k) as (j)

    Source evidence

    Code amendment note
    Subsec. (k). Pub. L. 113–79, § 3101(a)(4), redesignated subsec. (k) as (j).

    Enacted provision · exact public law section
    (4) by redesignating subsections (j) and (k) as subsections (i) and (j), respectfully; and

50 of 50 references resolved to an enrolled provision