§ 1446c-1. — Reduction of dairy product inventories.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1446c-1]
TITLE 7--AGRICULTURE
CHAPTER 35A--PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER III--NONBASIC AGRICULTURAL COMMODITIES
Sec. 1446c-1. Reduction of dairy product inventories
The Secretary of Agriculture shall utilize, to the fullest extent
practicable, the authorities under the Commodity Credit Corporation
Charter Act [15 U.S.C. 714 et seq.] (including exportation of dairy
products at not less than prevailing world market prices), the
Agricultural Trade Development and Assistance Act of 1954 [7 U.S.C. 1691
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, Sec. 106, Dec. 22, 1981, 95 Stat. 1220.)
References in Text
The Commodity Credit Corporation Charter Act, referred to in text,
is act June 29, 1948, ch. 704, 62 Stat. 1070, as amended, which is
classified generally to subchapter II (Sec. 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 section 714 of Title 15
and Tables.
The Agricultural Trade Development and Assistance Act of 1954,
referred to in text, is act July 10, 1954, ch. 469, 68 Stat. 454, as
amended, which is classified generally to chapter 41 (Sec. 1691 et seq.)
of this title. For complete classification of this Act to the Code, see
Short Title note set out under section 1691 of this title and Tables.
The Congressional Budget Act of 1974, referred to in text, is titles
I through IX of Pub. L. 93-344, July 12, 1974, 88 Stat. 298, as amended.
For complete classification of this Act to the Code, see Short Title
note set out under section 621 of Title 2, The Congress, and Tables.
Codification
Section 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 section 1421 of this
title and Tables.
Effective Date
Section effective Dec. 22, 1981, see section 1801 of Pub. L. 97-98,
set out as a note under section 4301 of this title.
Dairy Program Operation Report
Section 107 of Pub. L. 97-98 provided that, not later than Dec. 31,
1982, 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.
