Contents
- (a) Gasohol feedstock or food security reserves; establishment
- (b) Announcement of intention to establish reserves; contents
- (c) Acquisition of suitable agricultural commodities; payment of transportation and storage costs; disposition of acquired commodities2 changes
- (d) Acquisition of agricultural commodities suitable for providing emergency food assistance2 changes
- (e) Use of Commodity Credit Corporation funds, facilities, and authorities
- (f) Safeguards for protection of free market
- (g) Replenishment of reserves with replacement stocks prohibited
- (h) Effective date
(d)
(1)To establish a food security reserve under this section, the Secretary of Agriculture may acquire agricultural commodities (the export of which is suspended or restricted as described in subsection (a) of this section) that are suitable for use in providing emergency food assistance and urgent humanitarian relief through purchases from producers or in the market and by designation by the Secretary of stocks of the commodities held by the Commodity Credit Corporation, and to pay such storage, transportation, and related costs as may be necessary to permit maintenance of the commodities in the reserve for the purposes of this section and disposition of the commodities as provided in paragraph (2) of this subsection.
(2)Subsections (c), (d), (e), and (f)(2) of section 1736f–1 of this title shall apply to commodities in any reserve established under paragraph (1), except that the references to “eligible commodities” in the subsections shall be deemed to be references to “agricultural commodities”.
(3)Any determination by the President or the Secretary of Agriculture under this section shall be final.
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