Page:United States Statutes at Large Volume 114 Part 1.djvu/440

 114 STAT. 404 PUBLIC LAW 106-224 —JUNE 20, 2000 "(1) PRODUCER REPORTS.— Each person that owns a farm for which a Burley tobacco marketing quota is established under this Act shall smnually file with the Secretary a report describing the acreage planted to Burley tobacco on the farm. "(2) COMPUTERIZED RECORDKEEPING SYSTEM.—Not later than 180 days after the date of the enactment of this subsection, the Secretary shall establish a computerized recordkeeping system that contains all information reported under paragraph (1) and related records, as determined by the Secretary, "(n) SALE OF BURLEY TOBACCO QUOTA. —Notwithstanding any other provision of this section, if a person that owns a fsirm for which a Burley tobacco meirketing quota is established under this Act sells all or part of the acreage on the farm to a buyer, the Secretary shall permit the seller and buyer of the acreage to determine the percentage of the quota that is transferred with the acreage sold.". (c) HONEY.— (1) IN GENERAL. —The Secretary shall use funds of the Commodity Credit Corporation to make available recourse loans to producers of the 2000 crop of honey on fair and reasonable terms and conditions, as determined by the Secretary. (2) LOAN RATE.— The loan rate for a loan under paragraph (1) shall be equal to 85 percent of the average price of honey during the 5-crop year period preceding the 2000 crop year, excluding the crop year in which the average price of honey was the highest and the crop year in which the average price of honey was the lowest in the period. (d) WOOL AND MOHAIR. — (1) IN GENERAL.—The Secretary shall use funds of the Commodity Credit Corporation to make payments to producers of wool, and producers of mohair, for the 1999 marketing year. (2) PAYMENT RATE.— The payment rate for payments made to producers under pgo-agraph (1) shall be equal to— (A) in the case of wool, 20 cents per pound; and (B) in the case of mohair, 40 cents per pound. (e) COTTONSEED.— The Secretary shall use $100,000,000 of funds of the Commodity Credit Corporation to provide assistance to producers and first-handlers of the 2000 crop of cottonseed. 7 USC 1421 note. SEC. 205. PAYMENTS IN LIEU OF LOAN DEFICIENCY PAYMENTS. (a) ELIGIBLE PRODUCERS. —Effective for the 2001 crop year, in the case of a producer that would be eligible for a loan deficiency payment under section 135 of the Agricultural Market Transition Act (7 U.S.C. 7235) for wheat, beirley, or oats, but that elects to use acreage planted to the wheat, barley, or oats for the grazing of livestock, the Secretary shall make a payment to the producer under this section if the producer enters into an agreement with the Secretary to forgo any other harvesting of the wheat, barley, or oats on that acreage. (b) PAYMENT AMOUNT. —The amount of a payment made to a producer on a farm under this section shall be equal to the amount determined by multiplying— (1) the loan deficiency payment rate determined under section 135(c) of the Agricultural Market Transition Act (7 U.S.C. 7235(c)) in effect, as of the date of the agreement, for the county in which the farm is located; by (2) the payment quantity determined by multiplying—

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