Page:United States Statutes at Large Volume 104 Part 5.djvu/117

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3439 "(h) REGULATIONS. —The Secretary may issue such regulations as the Secretary determines necessary to carry out this section. "(i) COMMODITY CREDIT CORPORATION.— The Secretary shall carry out the program authorized by this section through the Commodity Credit Corporation. "(j) ASSIGNMENT OF PAYMENTS.— The provisions of section 8(g) of the Soil Conservation and Domestic Allotment Act (16 U.S.C. 590h(g)) (relating to assignment of payments) shall apply to pay- ments under this section. "(k) SHARING OF PAYMENTS.—The Secretary shall provide for the sharing of payments made under this section for any farm among the producers on the farm on a fair and equitable basis. "(1) TENANTS AND SHARECROPPERS. —The Secretary shall provide adequate safeguards to protect the interests of tenants and sharecroppers. ' W) CROSS-COMPLIANCE.— "(1) IN GENERAL.— Compliance on a farm with the terms and conditions of any other commodity program, or compliance with crop acreage base requirements for any other commodity, may not be required as a condition of eligibility for loans or pay- ments under this section. "(2) COMPUANCE ON OTHER FARMS.— The Secretary may not require producers on a farm, as a condition of eligibility for loans or payments under this section for the farm, to comply with the terms and conditions of the upland cotton program with respect to any other farm operated by the producers, " (n) SPECIAL LIMITED GLOBAL IMPORT QUOTA. — "(1) IN GENERAL.— The President shall, within 180 days after President. the date of enactment of this section, establish an import quota program which shall provide that whenever the Secretary determines and announces that the average price of the base quality of upland cotton, as determined by the Secretary, in the designated spot markets for a month exceeded 130 percent of the average price of such quality of cotton in such markets for the preceding 36 months, notwithstanding any other provision of law, there shall immediately be in effect a special limited global import quota subject to the following conditions: "(A) QUANTITY. —The quantity of the specied quota shall be equal to 21 days of domestic mill consumption of upland cotton at the seasonally adjusted average rate of the most recent 3 months for which data are available. "(B) QUANTITY IF PRIOR QUOTA.— If a special quota has been established under this subsection during the preceding 12 months, the quantity of the quota next established under this subsection shall be the smaller of 21 days of domestic mill consumption calculated as set forth in subparagraph (A) or the quantity required to increase the supply to 130 percent of the demand. " (C) DEFINITIONS.—As used in subparagraph (B): "(i) SUPPLY.— The term 'supply' means, using the latest official data of the Bureau of the Census, the Department of Agriculture, and the Department of the Treasury— "(I) the carry-over of upland cotton at the beginning of the marketing year (adjusted to 480-pound bales) in which the special quota is established; plus

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