Page:United States Statutes at Large Volume 63 Part 1.djvu/1095

 63 STAT.] 81ST GONG. , 1 ST SESS.-CH. 792-OCT. 31, 1949 ing the four-year period beginning January 1, 1950, shall not be less than its parity price computed in the manner used prior to the enact- ment of the Agricultural Act of 1949." (d) Section 301 (b) (10) (A) of such Act, as so amended (defining "normal supply"), is amended by striking out "7 per centum in the case of corn and inserting in lieu thereof "10 per centum in the case of corn". (e) Section 322 (a) of such Act, as so amended (relating to corn marketing quotas), is amended by adding at the end thereof the follow- ing: "With respect to the 1950 crop of corn the determination and proclamation required by this section may be made, notwithstanding the foregoing, at any time prior to February 1, 1950, using 1949 as such calendar year' for the purposes of (1) and (2) of the preceding sentence." (f) Section 328 of such Act, as so amended relating to corn acre- age allotments), is amended by striking out 'reserve supply level" and inserting in lieu thereof "normal supply". SEc. 410. Section 4 of the Act of March 8, 1938, as amended (15 U. S. C., 1946 edition, 713a-4), is amended by substituting a colon for the period at the end of the next to the last sentence thereof and adding the following: "Provided, That this sentence shall not limit the authority of the Corporation to issue obligations for the purpose of carrying out its annual budget programs submitted to and approved by the Congress pursuant to the Government Corporation Control Act (31 U. S. C., 1946 edition, sec. 841)." SEC. 411. Section 32, as amended, of the Act entitled "An Act to amend the Agricultural Adjustment Act, and for other purposes", approved August 24, 1935 (U. S. C., title 7, sec. 612c), is amended by inserting before the last sentence thereof the following: "The sums appropriated under this section shall be devoted principally to perish- able nonbasic agricultural commodities (other than those designated in title II of the Agricultural Act of 1949) and their products." SEC. 412. Determinations made by the Secretary under this Act shall be final and conclusive: Provided, That the scope and nature of such determinations shall not be inconsistent with the provisions of the Commodity Credit Corporation Charter Act. SEC. 413. This Act shall not be effective with respect to price sup- port operations for any agricultural commodity for any marketing year or season commencing prior to January 1, 1950, except to the extent that the Secretary of Agriculture shall, without reducing price support theretofore undertaken or announced, elect to apply the pro- visions of this Act. SEC. 414 . Section 302 of the Agricultural Adjustment Act of 1938, as amended, and any provision of law in conflict with the provisions of this Act are hereby repealed. SEC. 415. (a) Except as modified by this Act or by Public Law 272. Eighty-first Congress, sections 201 (b),201 (d),201 (e), 203, 207 (a), and 208 of the Agricultural Act of 1948 shall be effective for the pur- pose of taking any action with respect to the 1950 and subsequent crops upon the enactment of this Act. If the time within which any such action is required to be taken shall have elapsed prior to the enact- ment of this Act, such action shall be taken within thirty days after the enactment of this Act. (b) No provision of the Agricultural Act of 1948 shall be deemed to supersede any provision of Public Law 272, Eighty-first Congress. I (c) Section 301 (b) (10) of the Agricultural Adjustment Act of 1938, as amended, by section 201 (d) of the Agricultural Act of 1948, is amended (1) by striking out of subparagraph (A) the following:: "cotton,", (2) by striking out of subparagraph -(A) the following: 81939°-50-PT. -- 67 1057 52 Stat. 41; 62 Stat. 1251. 7 U. S. C., Supp. II, 1301 (b) (10) (A). Ante, p. 676. 52 Stat. 49; 62 Stat. 1255. 7 U. S. C., Supp. II, i 1322 (a). 52 Stat. 52; 62 Stat. 1257. 7 U. S. C., Supp. II, § 1328. 52 Stat. 108. 15 U. S. C., Supp. II, i 713a-4 note. 59 Stat. 597. 31 U. S. C., Supp. II, 1846 t seq. 49 Stat. 774 . 7U.S.C., Supp. II, § 612c. Ante, p. 1052. 62 Stat. 1070 . 15 U. S. C., Supp. II, §§ 714 714o. Ante, p. 154. Price support for prior years. 52 Stat. 43 . 7 U. S. C., Supp. [I, 1 1302. Ante, p. 670. 62 Stat. 1251, 1255, 1257. 7U.S.C., Supp. II, §§ 1301 (b), 1322 , 328, 1312 . 62 Stat. 1247 . 7 U. S. C., Supp. I, § 1301 note. Ante, p. 670. 52 Stat. 41; 62 Stat. 251. 7 U. S. C., Supp. I, 1 1301 (b) (10). Ante, p. 676.

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