Page:United States Statutes at Large Volume 63 Part 1.djvu/708

 PUBLIC LAWS-CH. 518 -AUG. 29, 1949 [CHAPTER 518] August 29, 1949 AN ACT IS. 1962] To amend the cotton and wheat marketing quota provisions of the Agricultural [Public Law 272] Adjustment Act of 1938, as amended. Be it enacted by the Senate and House of Representatives of the Agricultural Ad- United States of America in Congress assembled, That sections 342 justmert Act of 1938, amendments. to 350, inclusive, of the Agricultural Adjustment Act of 1938, as 12 Stat. 56. 7 . S. c. §§ 1342- amended, are amended to read as follows: 1350; Supp. II, § 1343 et seq. "NATIONAL MARKETING QUOTA Proclamation. "SEC. 342. Whenever during any calendar year the Secretary deter- mines that the total supply of cotton for the marketing year beginning in such calendar year will exceed the normal supply for such market- ing year, the Secretary shall proclaim such fact and a national marketing quota shall be in effect for the crop of cotton produced in the next calendar year. The Secretary shall also determine and specify in such proclamation the amount of the national marketing quota in terms of the number of bales of cotton (standard bales of five hundred pounds gross weight) adequate, together with (1) the estimated carry-over at the beginning of the marketing year which begins in the next calendar year and (2) the estimated imports during such marketing year, to make available a normal supply of cotton. Minimum quota. The national marketing quota for any year shall be not less than ten million bales or one million bales less than the estimated domestic con- sumption plus exports of cotton for the marketing year ending in the calendar year in which such quota is proclaimed, whichever is smaller: Provided, That the national marketing quota for 1950 shall be not less than the number of bales required to provide a national acreage allot- Time limitation. ment of twenty-one million acres. Such proclamation shall be made not later than October 15 of the calendar year in which such determina- tion is made. "REFERENDUM Post, p. 1058. Voting eligibility. Proclamation of re- stlts; time limitation. Suprc. Cotton. "SEC. 343. Not later than December 15 following the issuance of the marketing quota proclamation provided for in section 342, the Secre- tary shall conduct a referendum, by secret ballot, of farmers engaged in the production of cotton in the calendar year in which the referen- dum is held, to determine whether such farmers are in favor of or opposed to tile quota so proclaimed: Provided, That if marketing quotas are proclailmed for the 1950 crop, farmers eligible to vote in the referendum held with respect to such crop shall be those farmers who were engaged in the production of cotton in the calendar year of 1948. If more than one-third of the farmers voting in the referendum oppose the national marketing quota, such quota shall become ineffective upon proclamation of the results of the referendum. The Secretary shall proclaim the results of any referendum held hereunder within thirty days after the date of such referendum. " A CREAGE ALLOTMENTS "SEC. 344. (a) Whenever a national marketing quota is proclaimed under section 342, the Secretary shall determine and proclaim a national acreage allotment for the crop of cotton to be produced in the next calendar year. The national acreage allotment for cotton shall be that acreage, based upon the national average yield per acre of cotton for the five years immediately preceding the calendar year in which the national marketing quota is proclaimed, required to make available from such crop an amount of cotton equal to the national marketing quota. 670 [63 STAT.

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