Page:United States Statutes at Large Volume 113 Part 2.djvu/161

 PUBLIC LAW 106-78—OCT. 22, 1999 113 STAT. 1181 "(7) LIMITATION.—The quantity of cotton entered into the United States during any marketing year under the special import quota established under this subsection may not exceed the equivalent of 5 week's consumption of upland cotton by domestic mills at the seasonally adjusted average rate of the 3 months immediately preceding the first special import quota established in any marketing year. ". SEC. 807. MILK 7 USC 1421 note. (a) IN GENERAL.— Section 141 of the Agricultural Market Transition Act (7 U.S.C. 7251) is amended— (1) in subsection (b)(4), by striking "calendar year 1999" and inserting "each of calendar years 1999 and 2000"; and (2) in subsection (h), by striking "1999" each place it appears and inserting "2000". (b) CONFORMING AMENDMENT.— Section 142(e) of the Agricultural Market Transition Act (7 U.S.C. 7252(e)) is amended by striking "2000" and inserting "2001". Subtitle B—Other Assistance SEC. 811. AUTHORITY FOR ADVANCE PAYMENT IN FULL OF REMAINING 7 USC 1421 note. PAYMENTS UNDER PRODUCTION FLEXIBILITY CON- TRACTS. Section 112(d)(3) of the Agricultural Market Transition Act (7 U.S.C. 7212(d)(3)) is amended— (1) in the paragraph heading, by striking "FOR FISCAL YEAR 1999"; and (2) by striking "for fiscal year 1999" and inserting "for any of fiscal years 1999 through 2002". SEC. 812. COMMODITY CERTIFICATES. 7 USC 1421 note. Subtitle E of the Agricultural Market Transition Act (7 U.S.C. 7281 et seq.) is amended by adding at the end the following: "SEC. 166. COMMODITY CERTIFICATES. 7 USC 7286. "(a) IN GENERAL. —In making in-kind payments under subtitle C, the Commodity Credit Corporation may— "(1) acquire and use commodities that have been pledged to the Commodity Credit Corporation as collateral for loans made by the Corporation; "(2) use other commodities owned by the Commodity Credit Corporation; and "(3) redeem negotiable marketing certificates for cash under terms and conditions established by the Secretary. "(b) METHODS OF PAYMENT.— The Commodity Credit Corporation may make in-kind payments— "(1) by delivery of the commodity at a warehouse or other similar facility; "(2) by the transfer of negotiable warehouse receipts; "(3) by the issuance of negotiable certificates, which the Commodity Credit Corporation shall exchange for a commodity owned or controlled by the Corporation in accordance with regulations promulgated by the Corporation; or "(4) by such other methods as the Commodity Credit Corporation determines appropriate to promote the efficient, equitable, and expeditious receipt of the in-kind payments so that 69-194 -01 -6:QL3Part2

�