§ 5663. Departmental administration system

Statutory text

In general

With respect to each commercial export promotion program of the Department of Agriculture or the Commodity Credit Corporation, the Secretary shall—

specify by regulation the criteria used to evaluate and approve proposals for that program;

establish a centralized system to permit the Foreign Agricultural Service to provide the history and current status of any proposal;

provide for regular audits of program transactions to determine compliance with program objectives and requirements; and

establish criteria to evaluate loans eligible for guarantees by the Commodity Credit Corporation, so as to ensure that the Corporation does not assume undue risk in providing such guarantees.

Accessibility of information

Information pertaining to the status of a particular proposal shall be retrievable within the central system by appropriate categories, as determined appropriate by the Secretary.

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.

1990
Agricultural Trade Act of 1978
Pub. L. 95–501 title IV § 403 · 92 Stat. 1685
Enacted · 7 U.S.C. § 5663
(Pub. L. 95–501, title IV, § 403, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3682.)
Source evidence
Code source credit
(Pub. L. 95–501, title IV, § 403, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3682.)

0 of 1 references resolved to an enrolled provision · 1 partial

Credits

(Pub. L. 95–501, title IV, § 403, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3682.)