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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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