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[Federal Register Volume 80, Number 9 (Wednesday, January 14, 2015)]
[Rules and Regulations]
[Page 1847]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-00504]

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Rules and Regulations
                                                Federal Register
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to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

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Federal Register / Vol. 80, No. 9 / Wednesday, January 14, 2015 / 
Rules and Regulations

[[Page 1847]]

DEPARTMENT OF AGRICULTURE

Commodity Credit Corporation

7 CFR Part 1494

RIN 0551-AA75

Export Bonus Programs

AGENCY: Foreign Agricultural Service and Commodity Credit Corporation 
(CCC), USDA.

ACTION: Final rule.

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SUMMARY: This final rule removes regulations for the Export Enhancement 
Program (EEP) and the Dairy Export Incentive Program (DEIP) from the 
Code of Federal Regulations, because the authorities for these programs 
were repealed by Section 3103 of the Food, Conservation, and Energy Act 
of 2008, Public Law 110-246, and Section 1423 of the Agricultural Act 
of 2014, Public Law 113-79, respectively.

DATES: This rule is effective January 14, 2015.

FOR FURTHER INFORMATION CONTACT: Amy Slusher, Deputy Director, Credit 
Programs Division, Foreign Agricultural Service, U.S. Department of 
Agriculture, 1400 Independence Ave. SW., Stop 1025, Room 5509, 
Washington, DC 20250-1025; telephone (202) 720-6211.

SUPPLEMENTARY INFORMATION: 

Background

    The Export Enhancement Program (EEP) was enacted through the Food, 
Agriculture, Conservation, and Trade Act of 1990 (Pub. L. 101-624). 
Under the EEP, CCC made available bonuses to enable U.S. exporters to 
meet prevailing world prices for targeted commodities in targeted 
destinations. The last year of operation of the EEP was 2001; since 
that time, U.S. agricultural products have been competitive in world 
markets and EEP bonuses have not been needed to facilitate sales.
    The Dairy Export Incentive Program (DEIP) was enacted through the 
Food Security Act of 1985 (Pub. L. 99-198). Under the DEIP, CCC made 
available bonuses to enable U.S. exporters to meet prevailing world 
prices for certain dairy products in targeted destinations. The last 
year of operation of the DEIP was 2010; since that time, bonuses have 
not been needed to facilitate sales.
    The primary objective of the EEP and DEIP was to encourage the 
commercial sale of United States agricultural commodities in world 
markets at competitive prices. Both programs were subject to annual 
commodity-specific quantity and budgetary ceilings agreed to by the 
United States in the World Trade Organization. Congress repealed the 
authority for the EEP in Section 3103 of the Food, Conservation, and 
Energy Act of 2008, and subsequently repealed the authority for the 
DEIP in Section 1423 of the Agricultural Act of 2014.

List of Subjects in 7 CFR Part 1494

    Agricultural commodities, Exports, Dairy products.

    Accordingly, under the authority of Sec. 3103, Public Law 110-246, 
and Sec. 1423, Public Law 113-79, and as discussed in the preamble, CCC 
amends 7 CFR chapter XIV by removing and reserving part 1494.

    Dated: January 2, 2015.
Asif Chaudhry,
Acting Administrator, Foreign Agricultural Service, and Vice President, 
Commodity Credit Corporation.
[FR Doc. 2015-00504 Filed 1-13-15; 8:45 am]
BILLING CODE 3410-10-P
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