Source: https://www.law.cornell.edu/uscode/text/7/5671
Timestamp: 2016-07-28 07:26:31
Document Index: 207507558

Matched Legal Cases: ['§ 5671', '§ 5671', '§ 5671', '§\u202f5671', '§\u202f411', '§\u202f1531', '§\u202f4601', '§\u202f1421', '§\u202f1441']

7 U.S. Code § 5671 - Agricultural embargo protection | US Law | LII / Legal Information Institute
U.S. Code › Title 7 › Chapter 87 › Subchapter IV › Part B › § 5671 7 U.S. Code § 5671 - Agricultural embargo protection
§ 5671.
Agricultural embargo protection
(a) Prerequisites; scope of compensationNotwithstanding any other provision of law, if—
the President or other member of the executive branch of the Federal Government causes the export of any agricultural commodity to any country or area of the world to be suspended or restricted for reasons of national security or foreign policy under the Export Administration Act of 1979 (50 U.S.C. App. 2401 et seq.) [now 50 U.S.C. 4601 et seq.] or under any other provision of law;
such suspension or restriction of the export of such agricultural commodity is imposed other than in connection with a suspension or restriction of all exports from the United States to such country or area of the world; and
sales of such agricultural commodity for export from the United States to such country or area of the world during the year preceding the year in which the suspension or restriction is imposed exceeds 3 percent of the total sales of such commodity for export from the United States to all foreign countries during the year preceding the year in which the suspension or restriction is in effect;
(b) Amount of paymentsIf the Secretary makes payments available to producers under subsection (a), the amount of such payment shall be determined—
the farm program payment yield for the producer or the yield established for the farm for the commodity involved; by
the crop acreage base established for the commodity; by
the amount by which the average market price per unit of such commodity received by producers during the 60-day period immediately following the date of the imposition of the suspension or restriction is less than 100 percent of the parity price for such commodity, as determined by the Secretary on the date of the imposition of the suspension or restriction; or
in the case of other agricultural commodities for which price support is authorized for producers under the Agricultural Act of 1949 (7 U.S.C. 1421 et seq.), by multiplying the amount by which the average market price per unit of such commodity received by the producers during the 60-day period immediately following the date of the imposition of the suspension or restriction is less than 100 percent of the parity price for such commodity, as determined by the Secretary on the date of the imposition of the suspension or restriction, by the quantity of such commodity sold by the producer during the period that the suspension or restriction is in effect.
(Pub. L. 95–501, title IV, § 411, as added Pub. L. 101–624, title XV, § 1531, Nov. 28, 1990, 104 Stat. 3682.)
The Export Administration Act of 1979, referred to in subsec. (a)(1), is Pub. L. 96–72, Sept. 29, 1979, 93 Stat. 503, which was classified principally to section 2401 et seq. of the former Appendix to Title 50, War and National Defense, prior to editorial reclassification and renumbering as chapter 56 (§ 4601 et seq.) of Title 50. For complete classification of this Act to the Code, see Tables.
The Agricultural Act of 1949, referred to in subsec. (b)(1), (2), is act Oct. 31, 1949, ch. 792, 63 Stat. 1051, as amended, which is classified principally to chapter 35A (§ 1421 et seq.) of this title. Title I of the Act is classified generally to subchapter II (§ 1441 et seq.) of chapter 35A of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1421 of this title and Tables.