FEES AND PENALTIES FOR MEDIATION AND ARBITRATION OF DISPUTES INVOLVING AGRICULTURAL PRODUCTS MOVING IN FOREIGN COMMERCE UNDER MULTI-NATIONAL ENTITIES.

SEC. 303. FEES AND PENALTIES FOR MEDIATION AND ARBITRATION OF DISPUTES INVOLVING AGRICULTURAL PRODUCTS MOVING IN FOREIGN COMMERCE UNDER MULTI-NATIONAL ENTITIES. Section 203(e) of the Agricultural Marketing Act of 1946 (7 U.S.C. 1622(e)) is amended— (1) by striking “(e) To” and inserting the following: “(e) Development of New Markets.— 114 STAT. 2070 “(1) In general.—To”; and (2) by adding at the end the following: “(2) Fees and penalties.— “(A) In general.—In carrying out paragraph (1), the Secretary may assess and collect reasonable fees and late payment penalties to mediate and arbitrate disputes arising between parties in connection with transactions involving agricultural products moving in foreign commerce under the jurisdiction of a multinational entity. “(B) Deposit.—Fees and penalties collected under subparagraph (A) shall be deposited into the account that incurred the cost of providing the mediation or arbitration service. “(C) Availability.—Fees and penalties collected under subparagraph (A) shall be available to the Secretary without further Act of appropriation and shall remain available until expended to pay the expenses of the Secretary for providing mediation and arbitration services under this paragraph. “(D) No requirement for use of service.—No person shall be required by the Secretary to use the mediation and arbitration services provided under this paragraph.”.