Page:United States Statutes at Large Volume 114 Part 1.djvu/434

 114 STAT. 398 PUBLIC LAW 106-224—JUNE 20, 2000 7 USC 1501 note. SEC. 173. SAVINGS CLAUSE. The Federal Crop Insurance Act (7 U.S.C. 1501 et seq.) and section 196 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7333), as in effect on day before the date of the enactment of this Act, shall— (1) continue to apply with respect to the 1999 crop year; and (2) apply with respect to the 2000 crop year, to the extent the application of an amendment made by this Act is delayed under section 171(b) or by the terms of the amendment. TITLE II—AGRICULTURAL ASSISTANCE Subtitle A—Market Loss Assistance 7 USC 1421 note. SEC. 201. MARKET LOSS ASSISTANCE. (a) IN GENERAL.— The Secretary of Agriculture (referred to in this title as the "Secretary") shall use funds of the Commodity Credit Corporation to provide assistance in the form of a market loss assistance payment to owners and producers on a farm that are eligible for a final payment for fiscal year 2000 under a production flexibility contract for the farm under the Agricultured Market Transition Act (7 U.S.C. 7201 et seq.). (b) AMOUNT AND MANNER.— In providing payments under this section, the Secretary shall— (1) use the same contract payment rates as are used under section 802(b) of the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2000 (7 U.S.C. 1421 note; Public Law 106-78); and (2) provide the payments in a manner that is consistent with section 802(c) of that Act. Deadline. (c) TIMING. —The Secretary shall make the payments required by this section not earlier than September 1, 2000, and not later than September 30, 2000. 7 USC 1421 note. SEC. 202. OILSEEDS. (a) IN GENERAL.— The Secretary shall use $500,000,000 of funds of the Commodity Credit Corporation to make payments to producers of the 2000 crop of oilseeds that are eligible to obtain a marketing assistance loan under section 131 of the Agricultural Market Transition Act (7 U.S.C. 7231). (b) COMPUTATION.— ^A payment to producers on a farm under this section for an oilseed shall be equal to the product obtained by multiplying— (1) a payment rate determined by the Secretary; (2) the acreage of the producers on the farm for the oilseed, as determined under subsection (c); and (3) the yield of the producers on the farm for the oilseed, as determined under subsection (d). (c) ACREAGE.— (1) IN GENERAL.— Except as provided in paragraph (2), the acreage of the producers on the farm for an oilseed under subsection (b)(2) shall be equal to the nxunber of acres planted to the oilseed by the producers on the farm during the 1997, 1998, or 1999 crop year, whichever is greatest, as reported

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