Page:United States Statutes at Large Volume 103 Part 1.djvu/992

 103 STAT. 964 PUBLIC LAW 101-161—NOV. 21, 1989 FEDERAL CROP INSURANCE CORPORATION ADMINISTRATIVE AND OPERATING EXPENSES For administrative and operating expenses, as authorized by the Federal Crop Insurtince Act, as amended (7 U.S.C. 1516), $225,626,000: Provided, That not to exceed $700 shall be available for official reception and representation expenses, as authorized by 7 U.S.C. 1506(i). FEDERAL CROP INSURANCE CORPORATION FUND For payments as authorized by section 5080t)) of the Federal Crop Insurance Act, as amended, $162,939,000, of which $28,862,000 is to reimburse the Federal Crop Insurance Corporation Fund for agents' commission and loss adjustment obligations incurred during prior years, but not previously reimbursed, as provided for under the provisions of section 516(a) of the Act. COMMODITY CREDIT CORPORATION REIMBURSEMENT FOR NET REALIZED LOSSES For fiscal year 1990, such sums as may be necessary to reimburse the Commodity Credit Corporation for net realized losses sustained, but not previously reimbursed (estimated to be $4,800,000,000 in the President's fiscal year 1990 Budget Request (H. Doc. 101-4)), but not to exceed $4,233,000,000, pursuant to section 2 of the Act of August 17, 1961, as amended (15 U.S.C. 713a-ll). Such funds are appropriated to reimburse the (Corporation to restore losses incurred during prior fiscal years. Such losses for fiscal years 1988 and 1989 include $1,969,000,000 in connection with carrying out the Export Enhancement Program (EEP), $264,000,000 in connection with carrying out the Targeted Export Assistance Program (TEA), $1,500,000,000 in connection with carrying out the Federal Crop Insurance Program, and $31,831,000,000 in connection with carrying out the commodity programs. SHORT-TERM EXPORT CREDIT The Commodity Credit Corporation shall make avsdlable not less than $5,000,000,000 in credit guarantees under its export credit guarantee program for short-term credit extended to finance the export sales of United States agricultural commodities and the products thereof, as authorized by section 1125(b) of the Food Secu- rity Act of 1985 (Public Law 99-198). INTERMEDIATE EXPORT CREDIT The Commodity Credit Corporation shall make available not less than $500,000,000 in credit guarantees under its export guarantee program for intermediate-term credit extended to finance the export sales of United States agricultural commodities and the products thereof, as authorized by section 1131(3)(B) of the Food Security Act of 1985 (Public Law 99-198).

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