US Code

Public Law 119-87 (04/30/2026)

7 U.S.C. § 1856

Transfer of bartered materials to supplemental stockpile; limitation of acquisition to certain programs; authorization of appropriations

(a)
50 U.S.C. 981
1 See References in Text note below.
Strategic and other materials acquired by the Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products, unless acquired for the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act [ et seq.], or for other purposes shall be transferred to the supplemental stockpile established by section 1704(b)  of this title; but no strategic or critical material shall be acquired by the Commodity Credit Corporation as a result of such barter or exchange except for such national stockpile, for such supplemental stockpile, for foreign economic or military aid or assistance programs, or for offshore construction programs, or to meet requirements of Government agencies.
(b)
Pub. L. 87–456, title III, § 303(c)76 Stat. 78 Repealed. , , .
(c)
In order to reimburse the Commodity Credit Corporation for materials transferred to the supplemental stockpile there are hereby authorized to be appropriated amounts equal to the value of any materials so transferred. The value of any such material for the purpose of this subsection, shall be the lower of the domestic market price or the Commodity Credit Corporation’s investment therein as of the date of such transfer as determined by the Secretary of Agriculture.

May 28, 1956, ch. 327 70 Stat. 200 Pub. L. 85–931, § 772 Stat. 1791 Pub. L. 86–341, title II, § 20473 Stat. 611 Pub. L. 87–456, title III, § 303(c)76 Stat. 78 Pub. L. 110–246, title III, § 3001(b)(1)(A)122 Stat. 1820 (, title II, § 206, ; , , ; , , ; , , ; , (2)(I), , .)

Editorial Notes

References in Text

act June 7, 1939, ch. 190 Pub. L. 96–41, § 293 Stat. 319 section 98 of Title 50The Strategic and Critical Materials Stock Piling Act, referred to in subsec. (a), is , as revised generally by , , , which is classified generally to subchapter III (§ 98 et seq.) of chapter 5 of Title 50, War and National Defense. For complete classification of this Act to the Code, see and Tables.

Section 1704(b) of this titlePub. L. 101–624, title XV, § 1512104 Stat. 3635 , referred to in subsec. (a), was amended generally by , , , and, as so amended, no longer contains provisions relating to a supplemental stockpile.

Amendments

Pub. L. 110–246section 1704(b) of this title2008—Subsec. (a). made technical amendment to reference in original act which appears in text as reference to .

Pub. L. 87–4561962—Subsec. (b). repealed subsec. (b) which permitted strategic materials acquired by Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products to be entered, or withdrawn from warehouse, free of duty.

Pub. L. 86–3411959—Subsec. (a). authorized acquisition of strategic and critical materials for national stockpile to meet requirements of Government agencies.

Pub. L. 85–9311958—Subsec. (a). limited acquisition of strategic and critical materials for national stockpile, supplemental stockpile, foreign economic or military aid or assistance programs and offshore construction programs.

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 of 1962 Amendment

Pub. L. 87–456section 501(a) of Pub. L. 87–456Amendment by effective with respect to articles entered, or withdrawn from warehouse, for consumption on or after , see .