Page:United States Statutes at Large Volume 94 Part 1.djvu/383

 PUBLIC LAW 96-234—APR. 11, 1980

94 STAT. 333

Public Law 96-234 96th Congress An Act To encourage greater participation in the farmer-held reserve program for com and wheat, and for other purposes.

Apr. 11, 1980 [S. 2427]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, ^^^ and wheat, FARMER-HELD RESERVE PROGRAM

SECTION

by-

1. Section 110 of the Agricultural Act of 1949 is amended

(1) redesignating subsections (c) through (g) as subsections (d) through (h), respectively; and (2) inserting after subsection (b) a new subsection (c) as follows: "(c) Notwithstanding any other provision of law, the Secretary may, to the extent the Secretary determines such action necessary in order to encourage producers to store com and wheat for extended periods of time under the terms and conditions of the program authorized by this section, make price support loans under this section on the 1979 crops of com and wheat (at the same level of support as provided by this Act) to any producer of com or wheat who did not (1)filea timely agreement to participate in the 1979 set-aside program for the commodity and (2) comply with the requirements of the 1979 set-aside program for the commodity.".

farmer-held reserve program. 7 USC 1445e.

Price support loans.

SALE OF COMMODITY CREDIT CORPORATION STOCKS OP CORN FOR USE IN MAKING ALCOHOL FOR MOTOR FUEL

SEC. 2. Section 110(e) of the Agricultural Act of 1949, as redesignated by section 1(1) of this Act, is amended by— (1) striking out "and" at the end of clause (1); (2) striking out the period at the end of clause (2) and inserting in lieu thereof a semicolon and "and"; and (3) adding at the end thereof a new clause (3) as follows: "(3) sales of com when sold at not less than the release level under the extended loan program for use in the production of alcohol for motor fuel at facilities that (A) begin operation after January 4, 1980, and (B), whenever supplies of com are not readily available, can produce alcohol from agricultural or forestry biomass feedstocks other than com.". FARM STORAGE FACILITY LOAN PROGRAM

SEC. 3. Section 4(h) of the Commodity Credit Corporation Charter Act is amended by— (1) striking out "$50,000" both places it occurs and inserting in lieu thereof ^'$100,000"; and

15 USC 714b.

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