§ 7283. Commodity Credit Corporation interest rate

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. 1996

   Agricultural Market Transition Act

   Pub. L. 104–127 title I § 163 · 110 Stat. 888

   Enacted · 7 U.S.C. § 7283

   Pub. L. 104–127, title I, § 163, Apr. 4, 1996, 110 Stat. 935

   Source evidence

   Code source credit
   Pub. L. 104–127, title I, § 163, Apr. 4, 1996, 110 Stat. 935

   Enacted provision · exact public law section
   SEC. 163. COMMODITY CREDIT CORPORATION INTEREST RATE. 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.

2. 2002

   Pub. L. 107–171 title I § 1401(c) · 116 Stat. 134

   1. Amended · 7 U.S.C. § 7283

      Pub. L. 107–171 designated existing provisions as subsec. (a)

   2. Inserted · 7 U.S.C. § 7283

      Pub. L. 107–171 inserted heading

   3. Added · 7 U.S.C. § 7283

      Pub. L. 107–171 added subsec. (b)

   Source evidence

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

   Enacted provision · exact public law section
   (c) Interest Rate.— Section 163 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7283) is amended— (1) by inserting “(a) In General.—” before “Notwithstanding”; and (2) by adding at the end the following: “(b) Sugar.— For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under section 156 shall not be considered an agricultural commodity.”.

4 of 4 references resolved to an enrolled provision