PEANUT PROGRAM.

SEC. 1109. PEANUT PROGRAM. (a) In General.— Section 108B of the Agricultural Act of 1949 (7 U.S.C. 1445c–3) is amended— (1) in the section heading, by striking “1995” and inserting “1997”; (2) in subsections (a)(1), (a)(2), (b)(1), (g)(1), and (h), by striking “1995” each place it appears and inserting “1997”, and (3) in subsection (g)— (A) in paragraph (1), by inserting after “1 percent” both places it appears the following: “for each of the 1991 through 1993 crops, 1.1 percent for each of the 1994 and 1995 crops, 1.15 percent tor the 1996 crop, and 1.2 percent for the 1997 crop,”; and (B) in paragraph (2)(A), by striking clauses (i) and (ii) and inserting the following new clauses: 107 STAT. 326 “(i) collect from the producer a marketing assessment equal to the quantity of peanuts acquired multiplied by— “(I) in the case of each of the 1991 through 1993 crops, .5 percent of the applicable national average support rate; “(II) in the case of each of the 1994 and 1996 crops, .55 percent of the applicable national average support rate; “(III) in the case of the 1996 crop, .6 percent of the applicable national average support rate; and “(IV) in the case of the 1997 crop, .65 percent of the applicable national average support rate; “(ii) pay, in addition to the amount collected under clause (i), a marketing assessment in an amount equal to the quantity of peanuts acquired multiplied by— “(I) in the case of each of the 1991 through 1993 crops, .5 percent of the applicable national average support rate; and “(II) in the case of each of the 1994 through 1997 crops, .55 percent of the applicable national average support rate; and”. (b) Assessment Under Peanut Marketing Agreement.— Section 8b(b)(1) of the Agricultural Adjustment Act (7 U.S.C. 608b(b)(1)), reenacted with amendments by the Agricultural Marketing Agreement Act of 1937, is amended— (1) by striking “and” at the end of subparagraph (A); (2) by striking the period at the end of subparagraph (B) and inserting “; and”; and (3) by adding at the end the following new subparagraph: “(C) any assessment (except with respect to any assessment for the indemnification of losses on rejected peanuts) imposed under the agreement shall— “(i) apply to peanut handlers (as defined by the Secretary) who have not entered into such an agreement with the Secretary in addition to those handlers who have entered into the agreement; and “(ii) be paid to the Secretary.” (c) Provisions Necessary to the Operation of the Program.— Part VI of subtitle B of title III of the Agricultural Adjustment Act of 1938 is amended— (1) in section 358–1 (7 U.S.C. 1358–1)— (A) in the section heading, by striking “1995” and inserting “1997”; and (B) in subsections (a)(1), (b)(1)(A), (b)(1)(B), (b)(2)(A), (b)(2)(C), (b)(3)(A), and (0, by striking “1995” each place it appears and inserting “1997”; and (2) in section 358e (7 U.S.C. 1359a)— (A) in the section heading, by striking “1995” and inserting “1997”; and (B) in subsection (i), by striking “1995” and inserting “1997”.