Page:United States Statutes at Large Volume 98 Part 1.djvu/184

 98 STAT. 136

PUBLIC LAW 98-258—APR. 10, 1984 section) and inserting in lieu thereof "Diversion payments made to producers under this subparagraph"; (6) in the ninth sentence of subparagraph (B) (as redesignated under paragraph (4) of this section)— (A) striking out "$3.00 per hundredweight," and inserting in Heu thereof "$3.00 per hundredweight for the 1983 crop of rice,"; and (B) inserting immediately before the period at the end thereof ", and at not less than $2.70 per hundredweight for ..;. the 1985 crop of rice: Provided, That if the Secretary estimates that the quantity of rice on hand in the United States on July 31, 1985 (not including any quantity of rice produced in the United States during calendar year 1985), will exceed (I) thirty-five million hundredweight, such rate shall be established by the Secretary at not less than $3.25 per hundredweight, and (II) forty-two million five hundred thousand hundredweight, such rate shall be established by the Secretary at not less than $3.50 per hundredweight; and (7) striking out "1983 crop" in the tenth sentence of subparagraph (B) (as redesignated under paragraph (4) of this section) and inserting in lieu thereof "1983 and 1985 crops". TITLE V—AGRICULTURAL EXPORTS EXPORT ASSISTANCE

President of U.S.

7 USC 1701, 1721, 1727.

SEC. 501. It is the sense of Congress that the President should implement, as soon as practicable after the enactment of this Act, the actions, proposed by the Administration to complement the provisions of this Act, to further assist in the development, maintenance, and expansion of international markets for United States agricultural commodities and products thereof, as follows— (1) for the fiscal year ending September 30, 1984, the President will— (A) request congressional approval for the appropriation of funds in the amount of $150,000,000, in addition to the President's February 1984 request for a supplemental appropriation of $90,000,000, to carry out programs of assistance under titles I, II, and III of the Agricultural Trade Development and Assistance Act of 1954 (Public Law 480); and

(B) direct the Secretary of Agriculture to increase funding, over the current budgeted level, for the Export Credit Guarantee Program (GSM-102), carried out through the Commodity Credit Corporation, by not less than $500,000,000; and (2) for the fiscal year ending September 30, 1985, the President will— (A) request congressional approval for the appropriation of funds in the amount of at least $175,000,000, in addition to the current funding level contained in the President's budget for that year, to carry out programs of assistance under titles I, II, and III of Public Law 480; (B) direct the Secretary of Agriculture to increase funding, over the levels contained in the President's budget for that year or otherwise required by law, by not less than

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