ity of any person under any provision of law as in effect
before the effective date of this section.
SEC. 116. ELIMINATION OF PEANUT PRICE SUPPORT PRO-
GRAM.
(a) PRICE SUPPORT.—Effective October 1, 1994, the
Agricultural Act of 1949 (7 U.S.C. 1441 et seq.) is
amended—
(1) in section 101(b) (7 U.S.C. 1441(b)), by
striking ‘‘and peanuts’’;
(2) in section 408(c) (7 U.S.C. 1428(c)), by
striking ‘‘peanuts,’’;
(3) in section 408(d) (7 U.S.C. 1428(d)), by in-
serting ‘‘or peanuts’’ before the period at the end;
and
(4) by striking sections 108, 108A, and 108B,
relating to peanuts (7 U.S.C. 1445c through 1445c–
3).
(b) PROHIBITION ON SUBSEQUENT PROVISION OF
PRICE SUPPORT.—
(1) PROHIBITION.—After October 1, 1994, the
Secretary of Agriculture may not make price support
available to peanut producers in the form of loans,
purchases, or other operations for peanuts by using
the funds of the Commodity Credit Corporation or
under the authority of any law.
(2) EXCEPTION.—Notwithstanding paragraph
(1), the Secretary shall settle any outstanding loans
under section 108B of the Agricultural Act of 1949
(7 U.S.C. 1445c–3) made before the date of the en-
actment of this Act.
(c) CONTINUED LIABILITY
OF PRODUCERS.—An
amendment made by this section shall not affect the liabil-
ity of any person under any provision of law as in effect
before the effective date of this Act.
SEC. 117. ELIMINATION OF COTTON PRICE SUPPORT AC-
TIVITIES.
(a) EXTRA LONG STAPLE COTTON.—Effective Octo-
ber 1, 1994, section 103(h)(16) of the Agricultural Act
of 1949 (7 U.S.C. 1444(h)(16)) is amended by striking
‘‘1996’’ and inserting ‘‘1994’’.
(b) UPLAND COTTON.—Effective October 1, 1994,
the Agricultural Act of 1949 (7 U.S.C. 1441 et seq.) is
amended—
(1) in section 101(b) (7 U.S.C. 1441(b)), by
striking ‘‘cotton and’’;
(2) in section 408(c) (7 U.S.C. 1428(c)), by
striking ‘‘cotton,’’;
(3) in section 408(d) (7 U.S.C. 1428(d)), by in-
serting ‘‘or cotton’’ before the period at the end; and
(4) by striking sections 103(a), 103A, and
103B, relating to cotton (7 U.S.C. 1444 through
1444–2).
(c) CONTINUATION OF SUSPENSION OF BASE ACRE-
AGE ALLOTMENTS, MARKET QUOTAS, AND RELATED
PROVISIONS.—Title V of the Food, Agriculture, Conserva-
tion, and Trade Act of 1990 (Public Law 101–624; 104
Stat. 3421) is amended—
(1) in section 502 (7 U.S.C. 1342 note), by
striking ‘‘through 1995’’ and inserting ‘‘and subse-
quent’’; and
(2) by striking section 505 (7 U.S.C. 1342
note).
(d) APPLICATION OF AMENDMENTS.—The amend-
ments made by this section shall apply with respect upland
cotton and extra long staple cotton for crop years begin-
ning after crop year 1994.
(e) PROHIBITION ON SUBSEQUENT LOANS OR PAY-
MENTS.—The Secretary of Agriculture may not provide,
using funds of the Commodity Credit Corporation or
under the authority of any law, loans or payments for up-
land cotton or extra long staple cotton produced in crop
years beginning after crop year 1994.
(f) CONTINUED LIABILITY
OF PRODUCERS.—An
amendment made by this section shall not affect the liabil-
ity of any person under any provision of law as in effect
before the effective date of this Act.
SEC. 118. ELIMINATION OF RICE PRICE SUPPORT ACTIVI-
TIES.
(a) PRICE SUPPORT.—Effective October 1, 1994, the
Agricultural Act of 1949 (7 U.S.C. 1441 et seq.) is
amended—
(1) in section 101(a) (7 U.S.C. 1441(b)), by
striking the material below the table;
(2) in section 408(c) (7 U.S.C. 1428(c)), by
striking ‘‘rice,’’;
(3) in section 408(d) (7 U.S.C. 1428(d)), by in-
serting ‘‘or rice’’ before the period at the end; and
(4) by striking sections 101A and 101B, relat-
ing to rice (7 U.S.C. 1441–1, 1441–2).
(b) APPLICATION OF AMENDMENTS.—The amend-
ments made by this section shall apply with respect to rice
for crop years beginning after crop year 1994.
(c) PROHIBITION ON SUBSEQUENT LOANS OR PAY-
MENTS.—The Secretary of Agriculture may not provide,
using funds of the Commodity Credit Corporation or
under the authority of any law, loans or payments for rice
produced in crop years beginning after crop year 1994.
(d) CONTINUED LIABILITY
OF PRODUCERS.—An
amendment made by this section shall not affect the liabil-
ity of any person under any provision of law as in effect
before the effective date of this Act.
Subtitle C—Crop Insurance and
Disaster Relief
SEC. 121. REPEAL OF FEDERAL CROP INSURANCE ACT AND
RELIANCE ON ANNUAL DISASTER ASSIST-
ANCE AUTHORITY.
(a) REPEAL.—Effective on October 1, 1994, the Fed-
eral Crop Insurance Act (7 U.S.C. 1501 et seq.) is
repealed.
(b) EFFECT
OF
REPEAL
ON
EXISTING
CON-
TRACTS.—The repeal by subsection (a) of the Federal
Crop Insurance Act shall not affect the validity or contin-
ued operation of any contract of insurance or reinsurance
entered into before the effective date specified in sub-
section (a) with respect to crops to be harvested in 1994
or 1995.
(c) ANNUAL AUTHORITY
FOR EMERGENCY CROP
LOSS ASSISTANCE FOR FARMERS.—
(1) EMERGENCY
ASSISTANCE
PROGRAM.—As
soon as possible after the date of the enactment of
this Act, the Secretary of Agriculture shall imple-
ment a program to provide emergency crop loss as-
sistance to producers on a farm who suffer signifi-
cant losses to crops during a particular crop year as
a result of damaging weather or related conditions
during the calendar years encompassing that crop
year.
(2) SPECIFICATIONS OF PROGRAM.—In imple-
menting the program required by this subsection,
the Secretary of Agriculture shall conform such pro-
gram to the eligibility criteria, payment limitations,
definitions, and other requirements (except any re-
quirement relating to crop insurance) imposed on
the provision of emergency crop loss assistance for
1990 crops contained in chapter 3 of subtitle B of
title XXII of the Food, Agriculture, Conservation,
and Trade Act of 1990 (7 U.S.C. 1421 note; 104
Stat. 3962).
(3) AUTHORIZATION
OF
APPROPRIATIONS.—
There are authorized to be appropriated to the Sec-
retary of Agriculture such sums as may be necessary
to carry out the program required by this sub-
section. Assistance under this program shall be
made available only to the extent provided for in ad-
vance in appropriation Acts.
Subtitle D—Food Stamps
SEC. 131. REPEAL OF MINIMUM ALLOTMENT.
(a) AMENDMENTS.—Section 8 of the Food Stamp
Act of 1977 (7 U.S.C. 2017)—