US LAWS, STATUTES & CODES ON-LINE

[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 7USC5723]

 
                          TITLE 7--AGRICULTURE
 
                      CHAPTER 87--EXPORT PROMOTION
 
      SUBCHAPTER VII--FOREIGN MARKET DEVELOPMENT COOPERATOR PROGRAM
 
Sec. 5723. Funding


(a) In general

    To carry out this subchapter, the Secretary shall use funds of the 
Commodity Credit Corporation, or commodities of the Commodity Credit 
Corporation of a comparable value, in the amount of $34,500,000 for each 
of fiscal years 2002 through 2007.

(b) Program priorities

    In providing any amount of funds or commodities made available under 
subsection (a) of this section for any fiscal year that is in excess of 
the amount made available under this section for fiscal year 2001, the 
Secretary shall, to the maximum extent practicable--
        (1) give equal consideration to--
            (A) proposals submitted by organizations that were 
        participating organizations in prior fiscal years; and
            (B) proposals submitted by eligible trade organizations that 
        have not previously participated in the program established 
        under this subchapter; and

        (2) give equal consideration to--
            (A) proposals submitted for activities in emerging markets; 
        and
            (B) proposals submitted for activities in markets other than 
        emerging markets.

(Pub. L. 95-501, title VII, Sec. 703, as added Pub. L. 104-127, title 
II, Sec. 252, Apr. 4, 1996, 110 Stat. 972; amended Pub. L. 107-171, 
title III, Sec. 3105(b), May 13, 2002, 116 Stat. 291.)


                               Amendments

    2002--Pub. L. 107-171 amended section catchline and text generally. 
Prior to amendment, text read as follows: ``There are authorized to be 
appropriated to carry out this subchapter such sums as may be necessary 
for each of fiscal years 1996 through 2002.''