in the manner provided under section 204(a) of the Emer-
gency 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.—Sub-
section (b) of section 1121 of the Agriculture, Rural De-
velopment, Food and Drug Administration, and Related
Agencies Appropriations Act, 1999 (as contained in sec-
tion 101(a) of division A of Public Law 105–277 (7 U.S.C.
1421 note), and as amended by section 754 of the Agri-
culture, Rural Development, Food and Drug Administra-
tion, 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 indem-
nity fund by not later than January 1, 2002 (or as
soon as administratively practical thereafter), to pro-
vide 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 IN-
DEMNITY FUND.—Subsection (d) of such section is
amended to read as follows:
‘‘(d) ADDITIONAL DISBURSEMENT TO COTTON GIN-
NERS.—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) (in-
cluding 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 cot-
ton 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 Janu-
ary 1, 1997, and had been purchased or con-
tracted 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 Of-
ficial Code of Georgia applicable to cotton ginner
claims.’’.
(c) CONFORMING AMENDMENT.—Subsection (c) of
such section is amended by striking ‘‘Upon the establish-
ment 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 MAR-
KETING LOAN GAINS.
Notwithstanding section 1001(2) of the Food Secu-
rity 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 con-
tract 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 expendi-
tures 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 ex-
ceed 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 imple-
ment 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 sec-
tion 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 RULE-
MAKING.—In carrying out this section, the Secretary shall
use the authority provided under section 808 of title 5,
United States Code.
Passed the House of Representatives June 26, 2001.
Attest:
Clerk.