H. R. 2213—4
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 Agri-
culture 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 pro-
ducers 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 contin-
gent 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 DEFI-
CIENCY 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.
H. R. 2213—5
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 car-
rying 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.