15 U.S.C. 7147 U.S.C. 1691The Secretary of Agriculture shall utilize, to the fullest extent practicable, the authorities under the Commodity Credit Corporation Charter Act [ et seq.] (including exportation of dairy products at not less than prevailing world market prices), the Food for Peace Act [ et seq.], and other authorities available to the Secretary to reduce inventories of dairy products held by the Commodity Credit Corporation so as to reduce net Commodity Credit Corporation expenditures to the estimated outlays for the milk price support program used in developing budget outlays under the Congressional Budget Act of 1974 for the appropriate fiscal year.
Pub. L. 97–98, title I, § 10695 Stat. 1220Pub. L. 110–246, title III, § 3001(b)(1)(A)122 Stat. 1820(, , ; , (2)(A), , .)
Editorial Notes
References in Text
act June 29, 1948, ch. 70462 Stat. 1070section 714 of Title 15The Commodity Credit Corporation Charter Act, referred to in text, is , , which is classified generally to subchapter II (§ 714 et seq.) of chapter 15 of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
act July 10, 1954, ch. 46968 Stat. 454section 1691 of this titleThe Food for Peace Act, referred to in text, is , , which is classified generally to chapter 41 (§ 1691 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
Pub. L. 93–34488 Stat. 298section 621 of Title 2The Congressional Budget Act of 1974, referred to in text, is titles I through IX of , , . For complete classification of this Act to the Code, see Short Title note set out under , The Congress, and Tables.
Codification
section 1421 of this titleSection was enacted as part of the Agriculture and Food Act of 1981, and not as part of the Agricultural Act of 1949 which is classified principally to this chapter. For complete classification of the 1949 Act to the Code, see Short Title note set out under and Tables.
Amendments
Pub. L. 110–2462008— substituted “Food for Peace Act” for “Agricultural Trade Development and Assistance Act of 1954”.
Statutory Notes and Related Subsidiaries
Effective Date of 2008 Amendment
Pub. L. 110–246section 4(b) of Pub. L. 110–246section 8701 of this titleAmendment by effective , see , set out as an Effective Date note under .
Effective Date
section 1801 of Pub. L. 97–98section 4301 of this titleSection effective , see , set out as a note under .
Dairy Program Operation Report
Pub. L. 97–98, title I, § 10795 Stat. 1220, , , provided that, not later than , the Secretary of Agriculture shall submit to Congress a report describing the strengths and weaknesses of existing Federal programs, and the consequences of possible new programs, for controlling or minimizing surpluses of fluid milk and the products thereof.