Pub. L. 104-127, tit. II, subtit. B, sec. 245

EXPORT ENHANCEMENT PROGRAM.

EnactedYear: 1996Length: 291 wordsOfficial source
SEC. 245. EXPORT ENHANCEMENT PROGRAM. (a) In General.— Effective October 1, 1995, section 301(e) of the Agricultural Trade Act of 1978 (7 U.S.C. 5651(e)) is amended by striking paragraph (1) and inserting the following: “(1) In general.— The Commodity Credit Corporation shall make available to carry out the program established under this section not more than— “(A) $350,000,000 for fiscal year 1996; “(B) $250,000,000 for fiscal year 1997; 110 STAT. 969 “(C) $500,000,000 for fiscal year 1998; “(D) $550,000,000 for fiscal year 1999; “(E) $579,000,000 for fiscal year 2000; “(F) $478,000,000 for fiscal year 2001; and “(G) $478,000,000 for fiscal year 2002.”. (b) Priority Funding for Intermediate Products.— Section 301 of the Agricultural Trade Act of 1978 (7 U.S.C. 5651) is amended by adding at the end the following: “(h) Priority Funding for Intermediate Products.— “(1) In general.— Effective beginning in fiscal year 1996, and consistent, as determined by the Secretary, with the obligations and reduction commitments undertaken by the United States under the Uruguay Round Agreements, the Secretary may make available not more than $100,000,000 for each fiscal year under this section for the sale of intermediate agricultural products in sufficient quantities to attain the volume of export sales consistent with the volume of intermediate agricultural products exported by the United States during the Uruguay Round base period years of 1986 through 1990. “(2) Additional assistance.— Notwithstanding paragraph (1), if the export sale of any intermediate agricultural product attains the volume of export sales consistent with the volume of the intermediate agricultural product exported by the United States during the Uruguay Round base period years of 1986 through 1990, the Secretary may make available additional amounts under this section for the encouragement of export sales of the intermediate agricultural product.
Pub. L. 104-127, tit. II, subtit. B, sec. 245: EXPORT ENHANCEMENT PROGRAM. | Justis AI