Page:United States Statutes at Large Volume 116 Part 1.djvu/315

 PUBLIC LAW 107-171—MAY 13, 2002 116 STAT. 289 SEC. 3102. EXPORT CREDIT GUARANTEE PROGRAM. (a) TERMS OF SUPPLIER CREDIT PROGRAM. — Section 202(a) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(a)) is amended by adding at the end the following: " (3) EXTENDED SUPPLIER CREDITS.— "(A) IN GENERAL. — Subject to the appropriation of funds under subparagraph (B), in carrying out this section, the Commodity Credit Corporation may issue guarantees for the repayment of credit made available for a period of more than 180 days, but not more than 360 days, by a United States exporter to a buyer in a foreign country. "(B) AUTHORIZATION OF APPROPRIATIONS.— There are authorized to be appropriated such sums as are necessary to fund the additional costs attributable to the portion of any guarantee issued under this paragraph to cover the repayment of credit beyond the initial 180-day period.". (b) PROCESSED AND HIGH-VALUE PRODUCTS. — Section 202(k)(l) of the Agricultural Trade Act of 1978 (7 U.S.C. 5622(k)(l)) is amended by striking ", 2001, and 2002" and inserting "through 2007". (c) REPORT.—Section 202 of the Agricultural Trade Act of 1978 (7 U.S.C. 5622) is amended by adding at the end the following: "(1) CONSULTATION ON AGRICULTURAL EXPORT CREDIT PRO- GRAMS.— The Secretary and the United States Trade Representative shall consult on a regular basis with the Committee on Agriculture, and the Committee on International Relations, of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate on the status of multilateral negotiations regarding agricultural export credit programs.". (d) REAUTHORIZATION.— Section 211(b)(1) of the Agricultural Trade Act of 1978 (7 U.S.C. 5641(b)(1)) is amended by striking "2002" and inserting "2007". SEC. 3103. MARKET ACCESS PROGRAM. Section 211(c) of the Agricultural Trade Act of 1978 (7 U.S.C. 5641(c)) is amended— (1) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively, and indenting appropriately; (2) by striking "The Commodity" and inserting the following: "(1) IN GENERAL. —The Commodity"; (3) by striking subparagraph (A) (as so redesignated) and inserting the following: "(A) in addition to any funds that may be specifically appropriated to implement a market access program, not more than $90,000,000 for fiscal year 2001, $100,000,000 for fiscal year 2002, $110,000,000 for fiscal year 2003, $125,000,000 for fiscal year 2004, $140,000,000 for fiscal year 2005, and $200,000,000 for each of fiscal years 2006 and 2007, of the funds of, or an equal value of commodities owned by, the Commodity Credit Corporation; and"; and (4) by adding at the end the following: "(2) PROGRAM PRIORITIES. —In providing any amount of funds made available under paragraph (1)(A) for any fiscal year that is in excess of the amount made available under paragraph (1)(A) for fiscal year 2001, the Secretary shall, to the maximum extent practicable—

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