Page:United States Statutes at Large Volume 104 Part 5.djvu/367

 PUBLIC LAW 101-624—NOV. 28, 1990 104 STAT. 3689 "(A) there is a domestic supply of such commodity substantially in excess of the quantity needed to meet domestic requirements, "(B) total supplies of such commodity in the exporting countries are estimated to be in surplus, "(C) anticipated exports will not result in excessive drain on domestic supplies, and "(D) to require the reports to be made will unduly hamper export sales, provide for such reports by exporters and publishing of such data to be on a monthly basis rather than on a weekly basis. "(b) FAILURE TO REPORT.— Any person who knowingly fails to Penalties. make any report required under this section shall be fined not more than $25,000 or imprisoned for not more than 1 year, or both. "(c) CONTRACT SANCTITY.— Notwithstanding any other provision of law, the President shall not prohibit or curtail the export of any gigricultural commodity under an export sales contract— "(1) that is entered into before the President announces an action that would otherwise prohibit or curtail the export of the commodity, and "(2) the terms of which require delivery of the commodity within 270 days after the date of the suspension of trade is imposed, except that the President may prohibit or curtail the export of any agricultural commodity during a period for which the President has declared a national emergency or for which the Congress has declared war. "SEC. 603. OTHER REPORTS TO CONGRESS. 7 USC 5713. The Secretary shall, on a quarterly basis, prepare and submit to the Committee on Agriculture and the Committee on Foreign Af- fairs of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report specifying the cumulative amount of export assistance provided by the Commodity Credit Corporation and the Secretary under the programs provided under this Act, the Commodity Credit Corporation Charter Act, and under the Agricultural Trade Development and Assistance Act of 1954 during the current fiscal year. Such information may be provided in individual reports, in a consolidated report, or in the Long-Term Agricultural Trade Strategy Report (and annual updates to such report) prepared under section 601.". SEC. 1532. AMENDMENT TO THE AGRICULTURAL ACT OF 1954. The Agricultural Act of 1954 (7 U.S.C. 1741 et seq.) is amended by adding at the end thereof the following new sections: "SEC. 108. ANNUAL REPORTS BY AGRICULTURAL ATTACHES. 7 USC 1748. "(a) IN GENERAL. —The Secretary shall require appropriate officers and employees of the Department of Agriculture, including those stationed in foreign countries, to prepare and submit annually to the Secretary detailed reports that— "(1) document the nature and extent of— "(A) programs in such countries that provide direct or indirect government support for the export of agricultural commodities and the products thereof;

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