Page:United States Statutes at Large Volume 84 Part 1.djvu/1436

 1378

63 Stat. 1055; 79 Stat. 1197. 7 USC 1428.

Ante, p. 1375. 52 Stat. 31. 7 USC 1281. 72 Stat. 995. 7 USC 1378 and note. 79 Stat. 1211. 7 USC 1379. Ante, p. 1366.

Ante, p. 1367. "Acreage allotments."

Ante, p. 1367.

PUBLIC LAW 91-524-NOV. 30, 1970

[84 STAT.

inch upland cotton (micronaire '3.5 through 4.9) adjusted for such current market differentials reflecting grade, quality, location, and other value factors as the Secretary determines appropriate plus reasonable carrying charges and (2)". SEC. 604. Section 408(b) of the Agricultural Act of 1949, as amended, is amended by inserting a colon in lieu of the period at the end of the first sentence and adding the following: And provided, That for the 1971, 1972, and 1973 crops of upland cotton a cooperator shall be a producer on a farm on which a farm base acreage allotment has been established who has set aside the acreage required under section 103(e)." SEC. 605. Effective only with respect to the 1971, 1972, and 1973 crops the Agricultural Adjustment Act of 1938, as amended, is further amended as follows: (1) By adding in section 378 a new subsection (d) to read as follows: "(d) The term 'allotment' as used in this section includes the farm base acreage allotment for upland cotton." (2) By adding at the end of section 379 the following sentence: "The term 'acreage allotments' as used in this section includes the farm base acreage allotments for upland cotton." (3) By adding in the first sentence of section 385 after the words "parity payment," the words "payments under the cotton set-aside program,". SEC. 606. Effective only with respect to the 1971, 1972, and 1973 crops, section 706, Public Law 89-321 (79 Stat. 1210) is amended by adding at the end thereof the following sentence: "The term 'acreage allotn^ents' as used in this section includes the farm base acreage allotments for upland cotton." SEC. 607. Effective only with respect to the 1971, 1972, and 1973 crops of the commodity, the Agricultural Act of 1949, as amended, is further amended by adding in section 408 a new subsection (1) as follows: "REFERENCE TO TERMS MADE APPLICABLE TO UPLAND COTTON

7 USC 1422, 1423, 1426, 1431.

7 USC 1421.

Nonapplicability. 70 Stat. 212. 7 USC 1446d. Annual report to Congress.

62 Stat. 1072. 15 USC 714c. 80 Stat. 279. 7 USC 2101 note. 7 USC 2106.

" (1) References made in sections 402, 403,406, and 416 to the terms 'support price,' 'level of support,' and 'level of price support' shall be considered to apply as well to the level of loans and purchases for upland cotton under this Act; and references made to the terms 'price support,' 'price support operations,' and 'price support program' in such sections and in section 401(a) shall be considered as applying as well to the loan and purchase operations for upland cotton under this Act." SEC. 608. Section 203 of the Agricultural Act of 1949, as amended, shall not be applicable to the 1971, 1972, and 1973 crops. SEC. 609. The Secretary shall file annually with the President for transmission to the Congress a complete report of the programs carried out under this title. Such report shall include the amount of funds spent, the purposes for which such funds were spent, the basis for participation in such programs in the various States, and an appraisal of the effectiveness of the programs. SEC. 610. The Commodity Credit Corporation, in furtherance of its powers and duties under subsections (e) and (f) of section 5 of the Commodity Credit Corporation Charter Act, shall, through the Cotton Board established under the Cotton Eesearch and Promotion Act, and upon approval of the Secretary, enter into agreements with the contracting organization specified pursuant to section 7(g) of that Act for the conduct, in domestic and foreign markets, of market develop-

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