Pub. L. 106-31, tit. III, ch. 11, sec. 3020
Pub. L. 106-31, tit. III, ch. 11, sec. 3020
Sec. 3020. (a) Loan Deficiency Payments for Club Wheat Producers.— In making loan deficiency payments available under section 135 of the Agricultural Market Transition Act (7 U.S.C. 7235) to producers of club wheat, the Secretary of Agriculture may not assess a premium adjustment on the amount that would otherwise be computed for club wheat under the section to reflect the premium that is paid for club wheat to ensure its availability to create a blended specialty product known as western white wheat. 113 STAT. 100 (b) Retroactive Application.—As soon as practicable after the date of the enactment of this Act, the Secretary of Agriculture shall make a payment to each producer of club wheat who received a discounted loan deficiency payment under section 135 of the Agricultural Market Transition Act (7 U.S.C. 7235) before that date as a result of the assessment of a premium adjustment against club wheat. The amount of the payment for a producer shall be equal to the difference between— (1) the loan deficiency payment that would have been made to the producer in the absence of the premium adjustment; and (2) the loan deficiency payment actually received by the producer. (c) Funding Source.— The Secretary shall use funds available to provide marketing assistance loans and loan deficiency payments under subtitle C of the Agricultural Market Transition Act (7 U.S.C. 7231 et seq.) to make the payments required by subsection (b).