Pub. L. 104-127, tit. I, subtit. E, sec. 161

ADMINISTRATION.

EnactedYear: 1996Length: 450 wordsOfficial source
SEC. 161. ADMINISTRATION. (a) Use of Commodity Credit Corporation.— The Secretary shall carry out this title through the Commodity Credit Corporation. (b) Limitation on Expenditure of Commodity Credit Corporation Funds.— (1) General powers and responsibilities.— Section 4 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714b) is amended— (A) in the first sentence of subsection (g), by inserting before the period the following: “, except that obligations under all such contracts or agreements (other than reimbursable agreements under section 11) for equipment or services relating to automated data processing, information technologies, or related items (including telecommunications equipment and computer hardware and software) may not exceed $170,000,000 in fiscal year 1996 and not more than $275,000,000 in the 6-fiscal year period beginning on October 1, 1996, unless additional amounts for such contracts and agreements are provided in advance in appropriation Acts”; and (B) in subsection (h), by striking “shall have power to acquire personal property necessary to the conduct of its business but”. (2) Reimbursable agreements.— Section 11 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714i) is amended by adding at the end the following: “After September 30, 1996, the total amount of all allotments and fund transfers from the Corporation under this section (including allotments and transfers for automated data processing or information resource management activities) for a fiscal year may not exceed the total amount of the allotments and transfers made under this section in fiscal year 1995.”. (3) Reporting requirements.— Section 13 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714k) is amended by adding at the end the following: “In addition to the annual report, the Corporation shall submit to Congress on a quarterly basis an itemized report of all expenditures over $10,000 made under section 5 or 11 during the period covered by the report, including expenditures in the form of allotments or fund transfers to other agencies and departments of the Federal Government.”. (c) Determinations by Secretary.— A determination made by the Secretary under this title shall be final and conclusive. (d) Regulations.— Not later than 90 days after the date of enactment of this title, the Secretary and the Commodity Credit Corporation, as appropriate, shall issue such regulations as are necessary to implement this title. The issuance of the regulations shall be made without regard to— 110 STAT. 935 (1) the notice and comment provisions of section 553 of title 5, United States Code; (2) the Statement of Policy of the Secretary of Agriculture effective July 24, 1971 (36 Fed. Reg. 13804) relating to notices of proposed rulemaking and public participation in rulemaking; and (3) chapter 35 of title 44, United States Code (commonly know as the “Paperwork Reduction Act”).