Page:United States Statutes at Large Volume 102 Part 2.djvu/393

 PUBLIC LAW 100-418—AUG. 23, 1988

102 STAT. 1397

SEC. 4302. PRICE SUPPORT PROGRAMS FOR SUNFLOWER SEEDS AND COTTONSEED.

Loans. '^ USC 1446 note.

(a) SUNFLOWER SEEDS.—If producers are permitted to repay loans for the 1990 crop of soybeans under section 201(i) of the Agricultural Act of 1949 (7 U.S.C. 1446(i)) at a level that is less than the full amount of the loan pursuant to section 4301 of this Act, the Secretary shall support the price of sunflower seeds through loans and purchases for ihe 1990 crop of sunflowers in accordance with section 20ia) of the Agricultural Act of 1949. 0>) COTTONSEED.—If a producer is permitted to repay a loan for the 1990 crop of soybeans under section 201(i) of the Agricultural Act of 1949 (7 U.S.C. 1446(i)) at a level that is less than the full amount of the loan pursuant to section 4301 of this Act, the Secretary shall support the price of the 1990 crop of cottonseed at such level as the Secretary determines will cause cottonseed to compete on equal terms with soybeans on the market. The Secretary shall carry out this subsection using the funds, facilities, and authorities of the Commodity Credit Corporation. (c) DISCONTINUANCE.—If the marketing loan program for the 1990 crop of soybeans is discontinued under section 43010>X3) of this Act, the Secretary shall discontinue the price support programs for sunflower seeds and cottonseed required by this section. SEC. 4303. MULTIYEAR AGREEMENTS UNDER THE FOOD FOR PROGRESS PROGRAM.

Section 1110 of the Food Security Act of 1985 (7 U.S.C. 1736o) is amended— (1) by redesignating subsection (k) as subsection G); and (2) by inserting after subsection (j) the following: "(k) In carrying out this section, the President shall, on request President of U.S. and subject to the availability of commodities, approve agreements that provide for commodities to be made available for distribution or sale by recipient countries on a multiyear basis if the agreements otherwise meet the requirements of this section.". SEC. 4304. TARGETED EXPORT ASSISTANCE.

(a) LEVEL OF PROGRAM.—Section 1124(a) of the Food Security Act of 1985 (7 U.S.C. 17368(a)) is amended— (1) in paragraph (1)— (A) by striking out "1988" and inserting in lieu thereof "1987"; and (B) by striking out "and" at the end; and (2) by staking out paragraph (2) and inserting in lieu thereof the following: "(2) for the fiscal year 1988, the Secretary shall use under this section not less than $215,00,000 of the funds of, or commodities owned by, the Corporation, except that the Secretary shall use funds or commodities of the (Corporation in excess of $110,000,000 only to the extent appropriations to reimburse the Corporation for such additional expenditures of funds or distribution of commodities are made available in advance to carry out this section; and "(3) for each of the fiscal years 1989 and 1990, the Secretary shall use under this section not less than $325,000,000 of the funds of, or commodities owned by, the Corporation.". (b) COUNTERVAILING DUTY ACTION.—Section 11240i>) of such Act is amended—

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