Page:United States Statutes at Large Volume 92 Part 1.djvu/487

 PUBLIC LAW 95-334—AUG. 4, 1978

92 STAT. 433

AVAILABILITY OF THE PROGRAM

SEC.210. Financial assistance may be made available under this title throughout the "United States" as that term is defined in section 848 of the Consolidated Farm and Rural Development Act.

7 USC prec. 1961 note. 7 USC 1991.

EFFECTIVE PERIOD

SEC. 211. The provisions of this title shall become effective upon enactment, and the authority to make new contracts of insurance or guarantee under this title shall terminate May 15, 1980.

7 USC prec. 1961 note.

TITLE III—EXTENSION AND AMENDMENT OF THE EMERGENCY LIVESTOCK CREDIT ACT OF 1974 AND AMENDMENT OF THE B E E F RESEARCH AND INFORMATION ACT EMERGENCY

LIVESTOCK

CREDIT ACT

OF

197 4

SEC. 301. The Emergencv Livestock Credit Act of 1974 is amended by(1) in section 2, inserting after the words ''bona fide farmers and ranchers" the following: ", including bona fide farmers or ranchers owning livestock that are fed in custom feedyards,": (2) amending section 8 to read as follows: "SEC. 8. The provisions of this Act shall become effective upon enactment, and the authority to make new guarantees shall expire September 80. 1979, except that, with respect to any loan for a line of credit guaranteed tmder this Act, if the lender advances loan funds within the line of credit at any time during the remaining term or authorized renewal period of the loan after September 80, 1979, the guarantee of such advances shall not be considered new guarantees."; (8) in section 11, amending the first sentence to read as follows: "The Secretary shall, not later than December 15 of each year, report to the House Committee on Agriculture and the Senate Committee on Agriculture, Nutrition, and Forestry on the effectiveness of this Act.": and (4) adding at the end thereof a new section 12 as follows: "SEC. 12. Financial assistance may be m.ade available under this Act throughout the 'Ignited States' as that term is defined in section 848 of the Consolidated Farm and Rural Development Act.".

7 USC prec. 1961 note.

Effective date.

Report to congressional committees.

7 USC 1991.

BEEF RESEARCH AND INFORMATION ACT

SEC. 802. Section 9 of the Beef Research and Information Act (7 U.S.C. 2908) is amended by striking out in the third sentence the words "not less than two-thirds" and inserting in lieu thereof "a majority". TITLE IV—EMERGENCY CONSERVATION PROGRAM SEC. 401. The Secretary of Agriculture is authorized to make payments to agricultural producers who carry out emergency measures to control wind erosion on farmlands or to rehabilitate farmlands damaged by wind erosion, floods, hurricanes, or other natural disasters when, as a result of the foregoing, new conservation problems have been created that (1) if not treated, will impair or endanger the land, (2) materially affect the productive capacity of the land, (3) represent

16 USC 2201.

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