Page:United States Statutes at Large Volume 122.djvu/2111

 12 2 STA T . 2 08 8 PUBLIC LA W 110 – 2 46—J U NE 18, 2008 ‘ ‘ (I I )dispo s e o fth ee l i g i b le c o m modit y i na cco r dance w ith section 156 (f)( 2 ) of that A ct or ‘‘(III) otherwise dispose of the eligible com - modity thro u gh the buybac k of certificates of q uota entry . ‘‘(ii) PRES ER VATION O F OT H ERA U THORITIES. —N othing in this section limits the use of other authori- ties for the disposition of an eligible commodity held in the in v entory of the C ommodity Credit Corporation for nonfood use or otherwise in a manner that does not increase the net quantity of sugar available for human consumption in the U nited S tates market , con- sistent with section 156(f)(1) of the F ederal Agriculture Improvement and R eform Act ( 7 U.S.C. 7272(f)(1)). ‘‘( B ) EM ER G EN CY SHORTAGES.—Notwithstanding subparagraph (A), if there is an emergency shortage of sugar for human consumption in the United States market that is caused by a war, flood, hurricane, or other natural disaster, or other similar event, the Secretary may dispose of an eligible commodity that is owned and held in inven- tory by the Commodity Credit Corporation (accumulated pursuant to the program authori z ed under section 156 of the Federal Agriculture Improvement and Reform Act (7 U.S.C. 7272)) through disposition as authorized under section 156(f) of that Act or through the use of any other authority of the Commodity Credit Corporation. ‘‘( 4 ) T RANSFER RU L E; STORAGE FEES.— ‘‘(A) G ENERAL TRANSFER RULE.—E x cept with regard to emergency dispositions under paragraph ( 3 )(B) and as provided in subparagraph (C), the Secretary shall ensure that bioenergy producers that purchase eligible commod- ities pursuant to this section take possession of the eligible commodities within 3 0 calendar days of the date of such purchase from the Commodity Credit Corporation. ‘‘(B) PAYMENT OF STORAGE FEES P ROHI B ITE D .— ‘‘(i) IN GENERAL.—The Secretary shall, to the max- imum extent practicable, carry out this section in a manner that ensures no storage fees are paid by the Commodity Credit Corporation in the administration of this section. ‘‘(ii) E X CEPTION.—Clause (i) shall not apply with respect to any commodities owned and held in inven- tory by the Commodity Credit Corporation (accumu- lated pursuant to the program authorized under section 156 of the Federal Agriculture Improvement and Reform Act (7 U.S.C. 7272)). ‘‘(C) O PTION TO PREVENT STORAGE FEES.— ‘‘(i) IN GENERAL.—The Secretary may enter into contracts with bioenergy producers to sell eligible commodities to such producers prior in time to entering into contracts with eligible entities to purchase the eligible commodities to be used to satisfy the contracts entered into with the bioenergy producers. ‘‘(ii) SPECIAL TRANSFER RULE.—If the Secretary makes a sale and purchase referred to in clause (i), the Secretary shall ensure that the bioenergy producer that purchased eligible commodities takes possession Deadlin e . Deadline.

�