Page:United States Statutes at Large Volume 63 Part 1.djvu/1097

 63 STAT.] 81ST CONG. , IST SESS.-CH. 792-OCT. 31, 1949 three years if such structures are not additions to existing structures, or two years if such structures are additions to existing structures." (b) Section 34 of the Farm Credit Act of 1933 (U. S . C ., title 12, sec. 1134j) is amended by adding at the end thereof the following: 48 stat. 262 . "Notwithstanding any limitations or conditions imposed by law, but Loans fstorage subject to the availability of funds, the Central Bank for Cooperatives tructon shall have power and authority to make separate loans to cooperative associations as defined in the Agricultural Marketing Act, as amended, s tat 1141- for the purpose of financing the construction of structures for the 1141. storage of agricultural commodities (other than structures to provide refrigerated cold storage or structures located in areas in which exist- ing privately owned storage facilities for the commodity concerned are adequate) in amounts up to a maximum of 80 per centum of the cost of such structures, as approved by such bank: Provided, That the Commitment from cooperative association which has applied for any loan shall have corporation. furnished to such bank an appropriate commitment from the Com- modity Credit Corporation that the Commodity Credit Corporation will lease or guarantee utilization of not less than 75 per centum of the storage space contained in such structures when completed for a period of at least three years if such structures are not additions to existing structures, or two years if such structures are additions to existing structures." SEC. 418. (a) Sections 353, 354, 355, and 356 of the Agricultural Adjustment Act of 1938, as amended, are amended to read as follows: 52 Sta.R 1 61. i " APPORTIONMENT OF NATIONAL ACREAGE ALLOTMENT "SEC. 353. (a) The national acreage allotment of rice for each calendar year shall be apportioned by the Secretary among the several States in which rice is produced in proportion to the average number of acres of rice in each State during the five-year period immediately preceding the calendar year for which such national acreage allotment of rice is determined (plus, in applicable years, the acreage diverted under previous agricultural adjustment and conservation programs) with adjustments for trends in acreage during the applicable period. "(b) The State acreage allotment shall be apportioned to farms owned or operated by persons who have produced rice in any one of the five calendar years immediately preceding the year for which such apportionment is made on the basis of past production of rice by the producer on the farm taking into consideration the acreage allotments previously established for such owners or operators; abnormal condi- tions affecting acreage; land, labor, and equipment available for the production of rice; crop rotation practices; and the soil and other physical factors affecting the production of rice: Provided, That if the State committee recommends such action and the Secretary deter- mines that such action will facilitate the effective administration of the Act, he may provide for the apportionment of the State acreage allotment to farms on which rice has been produced during any one of such period of years on the basis of the foregoing factors, using past production of rice on the farm and the acreage allotments pre- viously established for the farm in lieu of past production of rice by the producer and the acreage allotments previously established for such owners or operators. Not more than 3 per centum of the State acreage allotment shall be apportioned among farms operated by persons who will produce rice during the calendar year for which the allotment is made but who have not produced rice in any one of the past five years, on the basis of the applicable apportionment factors set forth herein: Provided, That in any State in which allotments are established for 1356; Supp. II, §1365. Rice. Apportionment of State acreage allot- ments. Apportionment to farms producing rice in any one of periods. Acreage restriction. 1059

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