Pub. L. 100-418, tit. IV, subtit. C, sec. 4308

DAIRY EXPORT INCENTIVE PROGRAM.

EnactedYear: 1988Length: 165 wordsOfficial source
SEC. 4308. DAIRY EXPORT INCENTIVE PROGRAM.Paragraphs (2) through (3) of section 153(d) of the Food Security Act of 1985 (15 U.S.C. 713a–14(d)) are amended to read as follows: “(2) If payments in commodities are authorized, such payments shall be made through the issuance of generic certificates redeemable in commodities. “(3) If generic certificates issued in accordance with the program provided for by this section are exchanged for dairy products owned by the Commodity Credit Corporation, the regulations issued by the Secretary shall ensure that— “(A) such dairy products, or an equal quantity of other dairy products, will be sold for export by the entity; and “(B) any such export sales by the entity— “(i) will be in addition to, and not in place of, export sales of dairy products that the entity would otherwise make under the program or in the absence of the program; and “(ii) to the extent practicable, will not displace commercial export sales of United States dairy products by other exporters.”.
Pub. L. 100-418, tit. IV, subtit. C, sec. 4308: DAIRY EXPORT INCENTIVE PROGRAM. | Justis AI