Page:United States Statutes at Large Volume 99 Part 2.djvu/307

 PUBLIC LAW 99-198—DEC. 23, 1985

99 STAT. 1417

"(k) The provisions of section 8(g) of the Soil Conservation and Domestic Allotment Act (16 U.S.C. 590h(g)) (relating to assignment of payments) shall apply to payments under this section. (1) The Secretary shall provide for the sharing of payments made under this section for any farm among the producers on the farm on a fair and equitable basis. "(m) The Secretary shall provide adequate safeguards to protect the interests of tenants and sharecroppers. "(n)(1) Notwithstanding any other provision of law, except as provided in paragraph (2), compliance on a farm with the terms and conditions of any other commodity program may not be required as a condition of eligibility for loans or payments under this section. "(2) The Secretary may require that, as a condition of eligibility of producers on a farm for loans or payments under this section, the acreage planted for harvest on the farm to any other commodity for which an acreage limitation program is in effect shall not exceed the crop acreage base for that commodity. "(3) The Secretary may not require producers on a farm, as a condition of eligibility for loans or payments under this section for such farm, to comply with the terms and conditions of the upland cotton program with respect to any other farm operated by such producers. "(o)(l) Whenever the Secretary determines that the average price of Strict Low Middling one and one-sixteenth inch cotton (micronaire 3.5 through 4.9) in the designated spot markets for a month exceeded 130 percent of the average price of such quality of cotton in such markets for the preceding 36 months, notwithstanding any other provision of law, the President shall immediately establish and proclaim a special limited global import quota for upland cotton subject to the following conditions: "(A) The quantity of the special quota shall be equal to 21 y- days of domestic mill consumption of upland cotton at the seasonally adjusted average rate of the most recent 3 months for which data are available. "(B) If a special quota has been established under this subsection during the preceding 12 months, the quantity of the quota next established hereunder shall be the smaller of 21 days of domestic mill consumption calculated as set forth in subparagraph (A) or the quantity required to increase the supply to 130 ^ percent of the demand. li "(C) As used in subparagraph (B): "(i) The term 'supply' means, using the latest official data of the Bureau of the Census, the Department of Agriculture, and the Department of the Treasury— "(I) the carryover of upland cotton at the beginning r of the marketing year (adjusted to 480-pound bales) in which the special quota is established; plus "(II) production of the current crop; plus !..-.. "(Ill) imports to the latest date available during the marketing year. "(ii) The term 'demand' means— 'i "(I) the average seasonally adjusted annual rate of • •" r domestic mill consumption in the most recent 3 months a for which data are available; plus "(II) the larger of— "(aa) average exports of upland cotton during the preceding 6 marketing years; or
 * <r

t

Prohibition.

Prohibition.

President of U.S. Imports.


 * i;

Imports.
 * v

�