Page:United States Statutes at Large Volume 115 Part 1.djvu/227

 PUBLIC LAW 107-25—AUG. 13, 2001 115 STAT. 205 SEC. 11. TIME^G OF, AND LIMITATION ON, EXPENDITURES. (a) DEADLINE FOR EXPENDITURES. — All expenditures required by this Act shall be made not later than September 30, 2001. Any funds made available by this Act and remaining unexpended by October 1, 2001, shall be deemed to be unexpendable, and the authority provided by this Act to expend such funds is rescinded effective on that date. (b) TOTAL AMOUNT OF EXPENDITURES. —The total amount expended under this Act may not exceed $5,500,000,000. If the payments required by this Act would result in expenditures in excess of such amount, the Secretary shall reduce such payments on a pro rata basis as necessary to ensure that such expenditures do not exceed such amount. ., SEC. 12. REGULATIONS. (a) PROMULGATION. —As soon as practicable after the date of the enactment of this Act, the Secretary and the Commodity Credit Corporation, as appropriate, shall promulgate such regulations as are necessary to implement this Act and the amendments made by this Act. The promulgation of the regulations and administration of this Act shall be made without regard to— (1) the notice and comment provisions of section 553 of title 5, United States Code; (2) the Statement of Policy of the Secretary of Agriculture effective July 24, 1971 (36 Fed. Reg. 13804), relating to notices of proposed rulemaking and public participation in rulemaking; and (3) chapter 35 of title 44, United States Code (commonly known as the "Paperwork Reduction Act"). (b) CONGRESSIONAL REVIEW OF AGENCY RULEMAKING.—In carrying out this section, the Secretary shall use the authority provided under section 808 of title 5, United States Code. Approved August 13, 2001. .- LEGISLATIVE HISTORY—H.R. 2213 (S. 1246): HOUSE REPORTS: No. 107-111 (Comm. on Agriculture). CONGRESSIONAL RECORD, Vol. 147 (2001): June 26, considered and passed House. Aug. 3, considered and passed Senate. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 37 (2001): Aug. 13, Presidential statement.

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