(d) TENANTS AND SHARECROPPERS.—In carrying 
out this subtitle, the Secretary shall provide adequate safe-
guards to protect the interests of tenants and share-
croppers. 
(e) SHARING OF PAYMENTS.—The Secretary shall 
provide for the sharing of adverse market payments and 
agriculture risk coverage payments among the producers 
on a farm on a fair and equitable basis. 
SEC. 1110. PERIOD OF EFFECTIVENESS. 
Sections 1104 through 1109 shall be effective begin-
ning with the 2014 crop year of each covered commodity 
through the 2018 crop year. 
Subtitle B—Marketing Assistance 
Loans and Loan Deficiency Pay-
ments 
SEC. 1201. AVAILABILITY OF NONRECOURSE MARKETING 
ASSISTANCE LOANS FOR LOAN COMMOD-
ITIES. 
(a) DEFINITION OF LOAN COMMODITY.—In this sub-
title, the term ‘‘loan commodity’’ means wheat, corn, grain 
sorghum, barley, oats, upland cotton, extra long staple 
cotton, long grain rice, medium grain rice, peanuts, soy-
beans, other oilseeds, graded wool, nongraded wool, mo-
hair, honey, dry peas, lentils, small chickpeas, and large 
chickpeas. 
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(b) NONRECOURSE LOANS AVAILABLE.— 
(1) IN
GENERAL.—For each of the 2014 
through 2018 crops of each loan commodity, the 
Secretary shall make available to producers on a 
farm nonrecourse marketing assistance loans for 
loan commodities produced on the farm. 
(2) TERMS AND CONDITIONS.—The marketing 
assistance loans shall be made under terms and con-
ditions that are prescribed by the Secretary and at 
the loan rate established under section 1202 for the 
loan commodity. 
(c) ELIGIBLE PRODUCTION.—The producers on a 
farm shall be eligible for a marketing assistance loan 
under subsection (b) for any quantity of a loan commodity 
produced on the farm. 
(d) COMPLIANCE WITH CONSERVATION AND WET-
LANDS REQUIREMENTS.— 
(1) REQUIREMENTS.—Before the producers on 
a farm may receive a marketing assistance loan or 
any other payment or benefit under this subtitle, the 
producers shall agree, for the crop year for which 
the payments are made and in exchange for the pay-
ments— 
(A) to comply with applicable conservation 
requirements under subtitle B of title XII of 
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the Food Security Act of 1985 (16 U.S.C. 3811 
et seq.); 
(B) to comply with applicable wetland pro-
tection requirements under subtitle C of title 
XII of that Act (16 U.S.C. 3821 et seq.); 
(C) to use the land on the farm for an ag-
ricultural or conserving use in a quantity equal 
to the attributable eligible acres of the farm, 
and not for a nonagricultural commercial, in-
dustrial, or residential use, as determined by 
the Secretary; and 
(D) to effectively control noxious weeds 
and otherwise maintain the land in accordance 
with sound agricultural practices, as determined 
by the Secretary, if the agricultural or con-
serving use involves the noncultivation of any 
portion of the land referred to in subparagraph 
(C). 
(2) COMPLIANCE.—The Secretary may issue 
such rules as the Secretary considers necessary to 
ensure producer compliance with paragraph (1). 
(3) MODIFICATION.—At the request of a trans-
feree or owner, the Secretary may modify the re-
quirements of this subsection if the modifications 
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are consistent with the purposes of this subsection, 
as determined by the Secretary. 
(e) SPECIAL RULES FOR PEANUTS.— 
(1) IN GENERAL.—This subsection shall apply 
only to producers of peanuts. 
(2) OPTIONS FOR OBTAINING LOAN.—A mar-
keting assistance loan under this section, and loan 
deficiency payments under section 1205, may be ob-
tained at the option of the producers on a farm 
through— 
(A) a designated marketing association or 
marketing cooperative of producers that is ap-
proved by the Secretary; or 
(B) the Farm Service Agency. 
(3) STORAGE OF LOAN PEANUTS.—As a condi-
tion on the approval by the Secretary of an indi-
vidual or entity to provide storage for peanuts for 
which a marketing assistance loan is made under 
this section, the individual or entity shall agree— 
(A) to provide the storage on a nondiscrim-
inatory basis; and 
(B) to comply with such additional require-
ments as the Secretary considers appropriate to 
accomplish the purposes of this section and pro-
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mote fairness in the administration of the bene-
fits of this section. 
(4) STORAGE, HANDLING, AND
ASSOCIATED 
COSTS.— 
(A) IN GENERAL.—To ensure proper stor-
age of peanuts for which a loan is made under 
this section, the Secretary shall pay handling 
and other associated costs (other than storage 
costs) incurred at the time at which the peanuts 
are placed under loan, as determined by the 
Secretary. 
(B) REDEMPTION AND FORFEITURE.—The 
Secretary shall— 
(i) require the repayment of handling 
and other associated costs paid under sub-
paragraph (A) for all peanuts pledged as 
collateral for a loan that is redeemed under 
this section; and 
(ii) pay storage, handling, and other 
associated costs for all peanuts pledged as 
collateral that are forfeited under this sec-
tion. 
(5) MARKETING.—A marketing association or 
cooperative may market peanuts for which a loan is 
made under this section in any manner that con-
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