Page:United States Statutes at Large Volume 122.djvu/1728

 12 2 STA T . 1 705PUBLIC LA W 110 – 2 46—J U NE 1 8, 2008 (B)thera te at w h ic ha lo a nm a yb ere p ai du nder s ubsection (d) . ( 4 ) EF F ECTIV E DA TEF ORP A YM E N T RATE DETERMINATION. —T he S ecretary shall determine the amount o f the loan deficiency payment to be made under this subsection to the producers on a farm with respect to a q uantity of peanuts usin g the payment rate in effect under paragraph ( 3 )asofthedate the producers request the payment. (f) C OMP L IANCE W IT H CON S ERVATION AND WETLANDS R E QU IRE - MENTS.— A s a condition of the receipt of a mar k eting assistance loan under subsection (a) , the producer shall comply with applicable conser v ation requirements under subtitle B of title XI Iofthe F ood Security Act of 1985 (1 6U .S.C. 3811 et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act (16 U.S.C. 38 2 1 et seq.) during the term of the loan. (g) REIM B URSABLE A G REEMENTS AND P AYMENT OF ADMINISTRA- TIVE E X PENSES.—The Secretary may implement any reimbursable agreements or provide for the payment of administrative e x penses under this subtitle only in a manner that is consistent with such activities in regard to other commodities. SEC.1308 . ADJU S TM E N TS OFL OANS. (a) AD J USTMENT AUTHORITY.—The Secretary may make appro- priate ad j ustments in the loan rates for peanuts for differences in grade, type, quality, location, and other factors. (b) M ANNER OF ADJUSTMENT.—The adjustments under sub- section (a) shall, to the maximum extent practicable, be made in such a manner that the average loan level for peanuts will, on the basis of the anticipated incidence of the factors, be equal to the level of support determined in accordance with this subtitle and subtitles B, D, andE. (c) ADJUSTMENT ON COUNTY BASIS.— (1) IN GENERAL.—Subject to paragraph (2), the Secretary may establish loan rates for a crop of peanuts for producers in individual counties in a manner that results in the lowest loan rate being 95 percent of the national average loan rate, if those loan rates do not result in an increase in outlays. (2) PROHIBITION.—Adjustments under this subsection shall not result in an increase in the national average loan rate for any year. Subti t leD— Su gar SEC. 1 4 01. SU G A RP ROGRAM. (a) IN G ENERAL.—Section 156 of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7272) is amended to read as follows

‘SEC. 1 56 . SUGAR PROGRAM. ‘ ‘(a) SUGARCANE.—The Secretary shall make loans available to processors of domestically grown sugarcane at a rate equal to— ‘‘(1) 18. 0 0 cents per pound for raw cane sugar for the 2008 crop year ‘‘(2) 18.25 cents per pound for raw cane sugar for the 2009 crop year; ‘‘(3) 18.50 cents per pound for raw cane sugar for the 2010 crop year; Loans.7USC8 7 5 8.

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