To respond to the continuing economic crisis adversely affecting American agricultural producers.

Summary: Directs the Secretary of Agriculture to use specified Commodity Credit Corporation (CCC) funds for a market loss assistance payment to farm owners and producers who are eligible for a final FY 2001 production flexibility contract payment (such payment to be proportional to total 2001 flexibility contract payments received).(Sec. 2) Directs the Secretary to use specified CCC funds for supplemental 2000 payments to qualifying: (1) oilseed producers; (2) peanut producers; (3) wool and mohair producers; (4) tobacco producers (payments to Georgia producers may be made only if Georgia provides specified funds for such purpose); and (5) cottonseed producers and first handlers.(Sec. 7) Directs the Secretary to use specified CCC funds for grants to: (1) the States and Puerto Rico for agricultural promotion activities; and (2) the States (in specified amounts) for the value of specialty crop production. Defines "specialty crop" as any crop other than wheat, feed grains, oilseeds, cotton, rice, peanuts, and tobacco.(Sec. 8) Directs the Secretary to use specified CCC funds for grants to cover State transportation, processing, and distribution costs under the Emergency Food Assistance Act of 1983.(Sec. 9) Amends the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 1999, as amended by the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2001, respecting Cotton Producer Indemnity Fund payments to Georgia producers and ginners.(Sec. 10) Establishes a $150,000 individual limitation on 2001 loan deficiency payments and marketing loan gains.(Sec. 11) States that expenditures under this Act shall be made by September 30, 2001. Deems any funds remaining unused as of October 1, 2001, to be unexpendable. Rescinds authority to expend such funds as of that date.States that: (1) total expenditures under this Act shall not exceed $5.5 billion; and (2) payments shall be reduced on a pro rata basis if they would exceed such limitation.(Sec. 12) Directs the Secretary and the CCC to promulgate implementing regulations.

SECTION 1. MARKET LOSS ASSISTANCE.

    (a) Assistance Authorized.--The Secretary of Agriculture (referred 
to in this Act as the ``Secretary'') shall, to the maximum extent 
practicable, use $4,622,240,000 of funds of the Commodity Credit 
Corporation to make a market loss assistance payment to owners and 
producers on a farm that are eligible for a final payment for fiscal 
year 2001 under a production flexibility contract for the farm under 
the Agriculture Market Transition Act (7 U.S.C. 7201 et seq.).
    (b) Amount.--The amount of assistance made available to owners and 
producers on a farm under this section shall be proportionate to the 
amount of the total contract payments received by the owners and 
producers for fiscal year 2001 under a production flexibility contract 
for the farm under the Agricultural Market Transition Act.

SEC. 2. SUPPLEMENTAL OILSEEDS PAYMENT.

    The Secretary shall use $423,510,000 of funds of the Commodity 
Credit Corporation to make a supplemental payment under section 202 of 
the Agricultural Risk Protection Act of 2000 (Public Law 106-224; 7 
U.S.C. 1421 note) to producers of the 2000 crop of oilseeds that 
previously received a payment under such section.

SEC. 3. SUPPLEMENTAL PEANUT PAYMENT.

    The Secretary shall use $54,210,000 of funds of the Commodity 
Credit Corporation to provide a supplemental payment under section 
204(a) of the Agricultural Risk Protection Act of 2000 (Public Law 106-
224; 7 U.S.C. 1421 note) to producers of quota peanuts or additional 
peanuts for the 2000 crop year that previously received a payment under 
such section. The Secretary shall adjust the payment rate specified in 
such section to reflect the amount made available for payments under 
this section.

SEC. 4. SUPPLEMENTAL TOBACCO PAYMENT.

    (a) Supplemental Payment.--The Secretary shall use $129,000,000 of 
funds of the Commodity Credit Corporation to provide a supplemental 
payment under section 204(b) of the Agricultural Risk Protection Act of 
2000 (Public Law 106-224; 7 U.S.C. 1421 note) to eligible persons (as 
defined in such section) that previously received a payment under such 
section.
    (b) Special Rule for Georgia.--The Secretary may make payments 
under this section to eligible persons in Georgia only if the State of 
Georgia agrees to use the sum of $13,000,000 to make payments at the 
same time, or subsequently, to the same persons in the same manner as 
provided for the Federal payments under this section, as required by 
section 204(b)(6) of the Agricultural Risk Protection Act of 2000.

SEC. 5. SUPPLEMENTAL WOOL AND MOHAIR PAYMENT.

    The Secretary shall use $16,940,000 of funds of the Commodity 
Credit Corporation to provide a supplemental payment under section 814 
of the Agriculture, Rural Development, Food and Drug Administration, 
and Related Agencies Appropriations Act, 2001 (as enacted by Public Law 
106-387), to producers of wool, and producers of mohair, for the 2000 
marketing year that previously received a payment under such section. 
The Secretary shall adjust the payment rate specified in such section 
to reflect the amount made available for payments under this section.

SEC. 6. SUPPLEMENTAL COTTONSEED ASSISTANCE.

    The Secretary shall use $84,700,000 of funds of the Commodity 
Credit Corporation to provide supplemental assistance under section 
204(e) of the Agricultural Risk Protection Act of 2000 (Public Law 106-
224; 7 U.S.C. 1421 note) to producers and first-handlers of the 2000 
crop of cottonseed that previously received assistance under such 
section.

SEC. 7. SPECIALTY CROPS.

    (a) Base State Grants.--The Secretary shall use $26,000,000 of 
funds of the Commodity Credit Corporation to make grants to the several 
States and the Commonwealth of Puerto Rico to be used to support 
activities that promote agriculture. The amount of the grant shall be--
        (1) $500,000 to each of the several States; and
        (2) $1,000,000 to the Commonwealth of Puerto Rico.
    (b) Grants for Value Of Production.--The Secretary shall use 
$133,400,000 of funds of the Commodity Credit Corporation to make a 
grant to each of the several States in an amount that represents the 
proportion of the value of specialty crop production in the State in 
relation to the national value of specialty crop production, as 
follows:
        (1) California, $63,320,000.
        (2) Florida, $16,860,000.
        (3) Washington, $9,610,000.
        (4) Idaho, $3,670,000.
        (5) Arizona, $3,430,000.
        (6) Michigan, $3,250,000.
        (7) Oregon, $3,220,000.
        (8) Georgia, $2,730,000.
        (9) Texas, $2,660,000.
        (10) New York, $2,660,000.
        (11) Wisconsin, $2,570,000.
        (12) North Carolina, $1,540,000.
        (13) Colorado, $1,510,000.
        (14) North Dakota, $1,380,000.
        (15) Minnesota, $1,320,000.
        (16) Hawaii, $1,150,000.
        (17) New Jersey, $1,100,000.
        (18) Pennsylvania, $980,000.
        (19) New Mexico, $900,000.
        (20) Maine, $880,000.
        (21) Ohio, $800,000.
        (22) Indiana, $660,000.
        (23) Nebraska, $640,000.
        (24) Massachusetts,$640,000.
        (25) Virginia, $620,000.
        (26) Maryland, $500,000.
        (27) Louisiana, $460,000.
        (28) South Carolina, $440,000.
        (29) Tennessee, $400,000.
        (30) Illinois, $400,000.
        (31) Oklahoma, $390,000.
        (32) Alabama, $300,000.
        (33) Delaware, $290,000.
        (34) Mississippi, $250,000.
        (35) Kansas, $210,000.
        (36) Arkansas, $210,000.
        (37) Missouri, $210,000.
        (38) Connecticut, $180,000.
        (39) Utah, $140,000.
        (40) Montana, $140,000.
        (41) New Hampshire, $120,000.
        (42) Nevada, $120,000.
        (43) Vermont, $120,000.
        (44) Iowa, $100,000.
        (45) West Virginia, $90,000.
        (46) Wyoming, $70,000.
        (47) Kentucky, $60,000.
        (48) South Dakota, $40,000.
        (49) Rhode Island, $40,000.
        (50) Alaska, $20,000.
    (c) Specialty Crop Priority.--As a condition on the receipt of a 
grant under this section, a State shall agree to give priority to the 
support of specialty crops in the use of the grant funds.
    (d) Specialty Crop Defined.--In this section, the term ``specialty 
crop'' means any agricultural crop, except wheat, feed grains, 
oilseeds, cotton, rice, peanuts, and tobacco.

SEC. 8. COMMODITY ASSISTANCE PROGRAM.

    The Secretary shall use $10,000,000 of funds of the Commodity 
Credit Corporation to make a grant to each of the several States to be 
used by the States to cover direct and indirect costs related to the 
processing, transportation, and distribution of commodities to eligible 
recipient agencies. The grants shall be allocated to States in the 
manner provided under section 204(a) of the Emergency Food Assistance 
Act of 1983 (7 U.S.C. 7508(a)).

SEC. 9. TECHNICAL CORRECTION REGARDING INDEMNITY PAYMENTS FOR COTTON 
              PRODUCERS.

    (a) Conditions on Payment to State.--Subsection (b) of section 1121 
of the Agriculture, Rural Development, Food and Drug Administration, 
and Related Agencies Appropriations Act, 1999 (as contained in section 
101(a) of division A of Public Law 105-277 (7 U.S.C. 1421 note)), and 
as amended by section 754 of the Agriculture, Rural Development, Food 
and Drug Administration, and Related Agencies Appropriations Act, 2001 
(as enacted by Public Law 106-387; 114 Stat. 1549A-42), is amended to 
read as follows:
    ``(b) Conditions on Payment to State.--The Secretary of Agriculture 
shall make the payment to the State of Georgia under subsection (a) 
only if the State--
        ``(1) contributes $5,000,000 to the indemnity fund and agrees 
    to expend all amounts in the indemnity fund by not later than 
    January 1, 2002 (or as soon as administratively practical 
    thereafter), to provide compensation to cotton producers as 
    provided in such subsection;
        ``(2) requires the recipient of a payment from the indemnity 
    fund to repay the State, for deposit in the indemnity fund, the 
    amount of any duplicate payment the recipient otherwise recovers 
    for such loss of cotton, or the loss of proceeds from the sale of 
    cotton, up to the amount of the payment from the indemnity fund; 
    and
        ``(3) agrees to deposit in the indemnity fund the proceeds of 
    any bond collected by the State for the benefit of recipients of 
    payments from the indemnity fund, to the extent of such 
    payments.''.
    (b) Additional Disbursements From the Indemnity Fund.--Subsection 
(d) of such section is amended to read as follows:
    ``(d) Additional Disbursement to Cotton Ginners.--The State of 
Georgia shall use funds remaining in the indemnity fund, after the 
provision of compensation to cotton producers in Georgia under 
subsection (a) (including cotton producers who file a contingent claim, 
as defined and provided in section 5.1 of chapter 19 of title 2 of the 
Official Code of Georgia), to compensate cotton ginners (as defined and 
provided in such section) that--
        ``(1) incurred a loss as the result of--
            ``(A) the business failure of any cotton buyer doing 
        business in Georgia; or
            ``(B) the failure or refusal of any such cotton buyer to 
        pay the contracted price that had been agreed upon by the 
        ginner and the buyer for cotton grown in Georgia on or after 
        January 1, 1997, and had been purchased or contracted by the 
        ginner from cotton producers in Georgia;
        ``(2) paid cotton producers the amount which the cotton ginner 
    had agreed to pay for such cotton received from such cotton 
    producers in Georgia; and
        ``(3) satisfy the procedural requirements and deadlines 
    specified in chapter 19 of title 2 of the Official Code of Georgia 
    applicable to cotton ginner claims.''.
    (c) Conforming Amendment.--Subsection (c) of such section is 
amended by striking ``Upon the establishment of the indemnity fund, and 
not later than October 1, 1999, the'' and inserting ``The''.

SEC. 10. INCREASE IN PAYMENT LIMITATIONS REGARDING LOAN DEFICIENCY 
              PAYMENTS AND MARKETING LOAN GAINS.

    Notwithstanding section 1001(2) of the Food Security Act of 1985 (7 
U.S.C. 1308(1)), the total amount of the payments specified in section 
1001(3) of that Act that a person shall be entitled to receive for one 
or more contract commodities and oilseeds under the Agricultural Market 
Transition Act (7 U.S.C. 7201 et seq.) during the 2001 crop year may 
not exceed $150,000.

SEC. 11. TIMING OF, AND LIMITATION ON, EXPENDITURES.

    (a) Deadline for Expenditures.--All expenditures required by this 
Act shall be made not later than September 30, 2001. Any funds made 
available by this Act and remaining unexpended by October 1, 2001, 
shall be deemed to be unexpendable, and the authority provided by this 
Act to expend such funds is rescinded effective on that date.
    (b) Total Amount of Expenditures.--The total amount expended under 
this Act may not exceed $5,500,000,000. If the payments required by 
this Act would result in expenditures in excess of such amount, the 
Secretary shall reduce such payments on a pro rata basis as necessary 
to ensure that such expenditures do not exceed such amount.

SEC. 12. REGULATIONS.

    (a) Promulgation.--As soon as practicable after the date of the 
enactment of this Act, the Secretary and the Commodity Credit 
Corporation, as appropriate, shall promulgate such regulations as are 
necessary to implement this Act and the amendments made by this Act. 
The promulgation of the regulations and administration of this Act 
shall be made without regard to--
        (1) the notice and comment provisions of section 553 of title 
    5, United States Code;
        (2) the Statement of Policy of the Secretary of Agriculture 
    effective July 24, 1971 (36 Fed. Reg. 13804), relating to notices 
    of proposed rulemaking and public participation in rulemaking; and
        (3) chapter 35 of title 44, United States Code (commonly known 
    as the ``Paperwork Reduction Act'').
    (b) Congressional Review of Agency Rulemaking.--In carrying out 
this section, the Secretary shall use the authority provided under 
section 808 of title 5, United States Code.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.