Page:United States Statutes at Large Volume 104 Part 5.djvu/157

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3479 grown sugarcane and sugar beets from the price determined for the preceding crop based on such factors as the Secretary determines appropriate, including changes (during the 2 crop years immediately preceding the crop year for which the determination is made) in the cost of sugar products, the cost of domestic sugar production, and other circumstances that may adversely affect domestic sugar production. "(2) REPORT. — I f the Secretary makes a determination not to increase the support price under paragraph (1), the Secretary shall submit a report containing the findings, decision, and supporting data for the determination to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate. "(e) ANNOUNCEMENTS.—The Secretary shall announce the loan rate to be applicable during any fiscal year under this section as far in advance of the beginning of that fiscal year as is practicable consistent with the purposes of this section. "(f) TERM. —Loans under this section during any fiscal year shall be made available not earlier than the beginning of the fisceil year and shall mature at the earlier of— "(1) the end of 9 months; or "(2) the end of the fiscal year. "(g) SUPPLEMENTARY NONRECOURSE LOANS.— In the case of sugar beet producing areas in which sugar beets normally are harvested during the last 3 months of a fiscal year, the Secretary shall make available, to each borrower of a loan made and repaid under this section during the last 3 months of the fiscal year on sugar processed from sugar beets so harvested, a supplementary nonrecourse loan in addition to the initial loan. In each case, the supplementary loan shall— "(1) be made available to the borrower as of the first day of the following fiscal year; "(2) be made at the same loan rate as the initial loan; and "(3) mature in 9 months less the amount of time that the initial loan was in effect. "(h) USE OF COMMODITY CREDIT CoRPORATioN. —The Secretary shall use the funds, facilities, and authorities of the Commodity Credit Corporation to carry out this section. "(i) CROPS.— T his section shall be effective only for the 1991 through 1995 crops of sugar beets and sugarcane.". SEC. 902. MARKETING ALLOTMENTS FOR SUGAR AND CRYSTALLINE FRUCTOSE. Subtitle B of title III of the Agricultural Adjustment Act of 1938 (7 U.S.C. 1311 et seq.) is amended by adding at the end the following new part: " PART VII—MARKETING QUOTAS—SUGAR AND CRYSTALLINE FRUCTOSE "SEC. 359a. INFORMATION REPORTING. 7 USC 1359aa. "(a) DUTY TO REPORT.—Al l cane sugar refiners and sugar beet processors and all manufacturers of crystalline fructose from corn (hereafter in this part referred to as 'crystalline fructose') shall furnish the Secretary, on a monthly basis, such information as the Secretary may require with respect to the person's importation.

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