Laws: Cases and Codes : U.S. Code : Title 7 : Section 1736f


   
U.S. Code as of: 01/03/05
Section 1736f. Authorization of appropriations

    (a) Reimbursement
      There are authorized to be appropriated such sums as may be
    necessary to carry out - 
        (1) the concessional credit sales program established under
      subchapter II of this chapter;
        (2) the emergency and private assistance program under
      subchapter III of this chapter; and
        (3) the grant program established under subchapter III-A of
      this chapter,

    including such amounts as may be required to make payments to the
    Commodity Credit Corporation to the extent the Commodity Credit
    Corporation is not reimbursed under the programs under this chapter
    for the actual costs incurred or to be incurred by such Corporation
    in carrying out such programs.
    (b) Transfer of funds
      (1) In general
        Except as provided in paragraph (2) and notwithstanding any
      other provision of law, the President may direct that up to 15
      percent of the funds available for any fiscal year for carrying
      out any subchapter of this chapter be used to carry out any other
      subchapter of this chapter.
      (2) Subchapter III-A funds
        The President may direct that up to 50 percent of the funds
      available for any fiscal year for carrying out subchapter III-A
      of this chapter be used to carry out subchapter III of this
      chapter.
    (c) Budget
      In presenting the Budget of the United States, the President
    shall classify expenditures under this chapter as expenditures for
    international affairs and finance rather than for agriculture and
    agricultural resources.
    (d) Value of commodities
      Notwithstanding any other provision of law, in determining the
    reimbursement due the Commodity Credit Corporation for all expenses
    incurred under this chapter, commodities from the inventory of the
    Commodity Credit Corporation that were acquired under dairy price
    support operations shall be valued at a price not greater than the
    export market price for such commodities, as determined by the
    Secretary, as of the time such commodity is made available under
    this chapter.



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