Page:United States Statutes at Large Volume 116 Part 1.djvu/317

 PUBLIC LAW 107-171—MAY 13, 2002 116 STAT. 291 International Relations of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report on activities under this section describing the amount of funding provided, the types of programs funded, the value-added products that have been targeted, and the foreign markets for those products that have been developed.". (b) FUNDING. —Section 703 of the Agricultural Trade Act of 1978 (7 U.S.C. 5723) is amended to read as follows: "SEC. 703. FUNDING. "(a) IN GENERAL. —To carry out this title, the Secretary shall use funds of the Commodity Credit Corporation, or commodities of the Commodity Credit Corporation of a comparable value, in the amount of $34,500,000 for each of fiscal years 2002 through 2007. "(b) PROGRAM PRIORITIES. —In providing any amount of funds or commodities made available under subsection (a) for any fiscal year that is in excess of the amount made available under this section for fiscal year 2001, the Secretary shall, to the maximum extent practicable— "(1) give equal consideration to— "(A) proposals submitted by organizations that were participating organizations in prior fiscal years; and "(B) proposals submitted by eligible trade organizations that have not previously participated in the program established under this title; and "(2) give equal consideration to— "(A) proposals submitted for activities in emerging markets; and "(B) proposals submitted for activities in markets other than emerging markets.". SEC. 3106. FOOD FOR PROGRESS. (a) IN GENERAL. —Subsections (f)(3), (k), and (1)(1) of the Food for Progress Act of 1985 (7 U.S.C. 1736o) are each amended by striking "2002" and inserting "2007". (b) DEFINITIONS; PROGRAM.— (1) IN GENERAL. — The Food for Progress Act of 1985 (7 U.S.C. 1736o) is amended by striking subsections (b) and (c) and inserting the following: "(b) DEFINITIONS. —In this section: "(1) COOPERATIVE.—The term 'cooperative' has the meaning given the term in section 402 of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1732). "(2) CORPORATION.—The term 'Corporation' means the Commodity Credit Corporation. "(3) DEVELOPING COUNTRY. —The term 'developing country' has the meaning given the term in section 402 of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1732). "(4) ELIGIBLE COMMODITY. —The term 'eligible commodity' means an agricultural commodity, or a product of an agricultural commodity, in inventories of the Corporation or acquired by the President or the Corporation for disposition through commercial purchases under a program authorized under this section. "(5) ELIGIBLE ENTITY.— The term 'eligible entity' means—

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