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             FARM SECURITY AND RURAL INVESTMENT ACT OF 2002

[[Page 116 STAT. 134]]

Public Law 107-171
107th Congress

                                 An Act


 
To provide for the continuation of agricultural programs through fiscal 
    year 2007, and for other purposes. <<NOTE: May 13, 2002 -  [H.R. 
                                2646]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress <<NOTE: Farm Security and Rural 
Investment Act of 2002.>> assembled,

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) <<NOTE: 7 USC 7901 note.>>  Short Title.--This Act may be cited 
as the ``Farm Security and Rural Investment Act of 2002''.

    (b) Table of Contents.--The table of contents of this Act is as 
follows:

Sec. 1. Short title; table of contents.

                       TITLE I--COMMODITY PROGRAMS

Sec. 1001. Definitions.

        Subtitle A--Direct Payments and Counter-Cyclical Payments

Sec. 1101. Establishment of base acres and payment acres for a farm.
Sec. 1102. Establishment of payment yield.
Sec. 1103. Availability of direct payments.
Sec. 1104. Availability of counter-cyclical payments.
Sec. 1105. Producer agreement required as condition of provision of 
           direct 
           payments and counter-cyclical payments.
Sec. 1106. Planting flexibility.
Sec. 1107. Relation to remaining payment authority under production 
           flexibility contracts.
Sec. 1108. Period of effectiveness.

   Subtitle B--Marketing Assistance Loans and Loan Deficiency Payments

Sec. 1201. Availability of nonrecourse marketing assistance loans for 
           loan commodities.
Sec. 1202. Loan rates for nonrecourse marketing assistance loans.
Sec. 1203. Term of loans.
Sec. 1204. Repayment of loans.
Sec. 1205. Loan deficiency payments.
Sec. 1206. Payments in lieu of loan deficiency payments for grazed 
           acreage.
Sec. 1207. Special marketing loan provisions for upland cotton.
Sec. 1208. Special competitive provisions for extra long staple cotton.
Sec. 1209. Availability of recourse loans for high moisture feed grains 
           and seed 
           cotton.

                           Subtitle C--Peanuts

Sec. 1301. Definitions.
Sec. 1302. Establishment of payment yield and base acres for peanuts for 
           a farm.
Sec. 1303. Availability of direct payments for peanuts.
Sec. 1304. Availability of counter-cyclical payments for peanuts.
Sec. 1305. Producer agreement required as condition on provision of 
           direct 
           payments and counter-cyclical payments.
Sec. 1306. Planting flexibility.
Sec. 1307. Marketing assistance loans and loan deficiency payments for 
           peanuts.
Sec. 1308. Miscellaneous provisions.
Sec. 1309. Termination of marketing quota programs for peanuts and 
           compensation to peanut quota holders for loss of quota asset 
           value.

[[Page 116 STAT. 135]]

Sec. 1310. Repeal of superseded price support authority and effect of 
           repeal.

                            Subtitle D--Sugar

Sec. 1401. Sugar program.
Sec. 1402. Storage facility loans.
Sec. 1403. Flexible marketing allotments for sugar.

                            Subtitle E--Dairy

Sec. 1501. Milk price support program.
Sec. 1502. National dairy market loss payments.
Sec. 1503. Dairy export incentive and dairy indemnity programs.
Sec. 1504. Dairy product mandatory reporting.
Sec. 1505. Funding of dairy promotion and research program.
Sec. 1506. Fluid milk promotion.
Sec. 1507. Study of national dairy policy.
Sec. 1508. Studies of effects of changes in approach to national dairy 
           policy and fluid milk identity standards.

                       Subtitle F--Administration

Sec. 1601. Administration generally.
Sec. 1602. Suspension of permanent price support authority.
Sec. 1603. Payment limitations.
Sec. 1604. Adjusted gross income limitation.
Sec. 1605. Commission on application of payment limitations.
Sec. 1606. Adjustments of loans.
Sec. 1607. Personal liability of producers for deficiencies.
Sec. 1608. Extension of existing administrative authority regarding 
           loans.
Sec. 1609. Commodity Credit Corporation Inventory.
Sec. 1610. Reserve stock level.
Sec. 1611. Farm reconstitutions.
Sec. 1612. Assignment of payments.
Sec. 1613. Equitable relief from ineligibility for loans, payments, or 
           other benefits.
Sec. 1614. Tracking of benefits.
Sec. 1615. Estimates of net farm income.
Sec. 1616. Availability of incentive payments for certain producers.
Sec. 1617. Renewed availability of market loss assistance and certain 
           emergency assistance to persons that failed to receive 
           assistance under earlier authorities.
Sec. 1618. Producer retention of erroneously paid loan deficiency 
           payments and marketing loan gains.

                         TITLE II--CONSERVATION

                    Subtitle A--Conservation Security

Sec. 2001. Conservation security program.
Sec. 2002. Conservation compliance.
Sec. 2003. Partnerships and cooperation.
Sec. 2004. Administrative requirements for conservation programs.
Sec. 2005. Reform and assessment of conservation programs.
Sec. 2006. Conforming amendments.

                    Subtitle B--Conservation Reserve

Sec. 2101. Conservation reserve program.

                  Subtitle C--Wetlands Reserve Program

Sec. 2201. Reauthorization.
Sec. 2202. Enrollment.
Sec. 2203. Easements and agreements.
Sec. 2204. Changes in ownership; agreement modification; termination.

              Subtitle D--Environmental Quality Incentives

Sec. 2301. Environmental quality incentives program.

                      Subtitle E--Grassland Reserve

Sec. 2401. Grassland reserve program.

                 Subtitle F--Other Conservation Programs

Sec. 2501. Agricultural management assistance.
Sec. 2502. Grazing, wildlife habitat incentive, source water protection, 
           and Great Lakes basin programs.

[[Page 116 STAT. 136]]

Sec. 2503. Farmland protection program.
Sec. 2504. Resource conservation and development program.
Sec. 2505. Small watershed rehabilitation program.
Sec. 2506. Use of symbols, slogans, and logos.
Sec. 2507. Desert terminal lakes.

         Subtitle G--Conservation Corridor Demonstration Program

Sec. 2601. Definitions.
Sec. 2602. Conservation corridor demonstration program.
Sec. 2603. Implementation of conservation corridor plan.
Sec. 2604. Funding requirements.

                 Subtitle H--Funding and Administration

Sec. 2701. Funding and administration.
Sec. 2702. Regulations.

                            TITLE III--TRADE

 Subtitle A--Agricultural Trade Development and Assistance Act of 1954 
                          and Related Statutes

Sec. 3001. United States policy.
Sec. 3002. Provision of agricultural commodities.
Sec. 3003. Generation and use of currencies by private voluntary 
           organizations and cooperatives.
Sec. 3004. Levels of assistance.
Sec. 3005. Food Aid Consultative Group.
Sec. 3006. Maximum level of expenditures.
Sec. 3007. Administration.
Sec. 3008. Assistance for stockpiling and rapid transportation, 
           delivery, and distribution of shelf-stable prepackaged foods.
Sec. 3009. Sale procedure.
Sec. 3010. Prepositioning.
Sec. 3011. Transportation and related costs.
Sec. 3012. Expiration date.
Sec. 3013. Micronutrient fortification programs.
Sec. 3014. John Ogonowski Farmer-to-Farmer Program.

               Subtitle B--Agricultural Trade Act of 1978

Sec. 3101. Exporter assistance initiative.
Sec. 3102. Export credit guarantee program.
Sec. 3103. Market access program.
Sec. 3104. Export enhancement program.
Sec. 3105. Foreign market development cooperator program.
Sec. 3106. Food for progress.
Sec. 3107. McGovern-Dole International Food for Education and Child 
           Nutrition Program.

                        Subtitle C--Miscellaneous

Sec. 3201. Surplus commodities for developing or friendly countries.
Sec. 3202. Bill Emerson Humanitarian Trust Act.
Sec. 3203. Emerging markets.
Sec. 3204. Biotechnology and agricultural trade program.
Sec. 3205. Technical assistance for specialty crops.
Sec. 3206. Global market strategy.
Sec. 3207. Report on use of perishable commodities and live animals.
Sec. 3208. Study on fee for services.
Sec. 3209. Sense of Congress concerning foreign assistance programs.
Sec. 3210. Sense of the Senate concerning agricultural trade.

                      TITLE IV--NUTRITION PROGRAMS

Sec. 4001. Short title.

                     Subtitle A--Food Stamp Program

Sec. 4101. Encouragement of payment of child support.
Sec. 4102. Simplified definition of income.
Sec. 4103. Standard deduction.
Sec. 4104. Simplified utility allowance.
Sec. 4105. Simplified determination of housing costs.
Sec. 4106. Simplified determination of deductions.
Sec. 4107. Simplified definition of resources.

[[Page 116 STAT. 137]]

Sec. 4108. Alternative issuance systems in disasters.
Sec. 4109. State option to reduce reporting requirements.
Sec. 4110. Cost neutrality for electronic benefit transfer systems.
Sec. 4111. Report on electronic benefit transfer systems.
Sec. 4112. Alternative procedures for residents of certain group 
           facilities.
Sec. 4113. Redemption of benefits through group living arrangements.
Sec. 4114. Availability of food stamp program applications on the 
           Internet.
Sec. 4115. Transitional food stamps for families moving from welfare.
Sec. 4116. Grants for simple application and eligibility determination 
           systems and improved access to benefits.
Sec. 4117. Delivery to retailers of notices of adverse action.
Sec. 4118. Reform of quality control system.
Sec. 4119. Improvement of calculation of State performance measures.
Sec. 4120. Bonuses for States that demonstrate high or most improved 
           performance.
Sec. 4121. Employment and training program.
Sec. 4122. Reauthorization of food stamp program and food distribution 
           program on Indian reservations.
Sec. 4123. Expanded grant authority.
Sec. 4124. Consolidated block grants for Puerto Rico and American Samoa.
Sec. 4125. Assistance for community food projects.
Sec. 4126. Availability of commodities for the emergency food assistance 
           program.

                   Subtitle B--Commodity Distribution

Sec. 4201. Commodity supplemental food program.
Sec. 4202. Commodity donations.
Sec. 4203. Distribution of surplus commodities to special nutrition 
           projects.
Sec. 4204. Emergency food assistance.

            Subtitle C--Child Nutrition and Related Programs

Sec. 4301. Commodities for school lunch program.
Sec. 4302. Eligibility for free and reduced price meals.
Sec. 4303. Purchases of locally produced foods.
Sec. 4304. Applicability of Buy-American requirement to Puerto Rico.
Sec. 4305. Fruit and vegetable pilot program.
Sec. 4306. Eligibility for assistance under the special supplemental 
           nutrition program for women, infants, and children.
Sec. 4307. WIC farmers' market nutrition program.

                        Subtitle D--Miscellaneous

Sec. 4401. Partial restoration of benefits to legal immigrants.
Sec. 4402. Seniors farmers' market nutrition program.
Sec. 4403. Nutrition information and awareness pilot program.
Sec. 4404. Hunger fellowship program.
Sec. 4405. General effective date.

                             TITLE V--CREDIT

                    Subtitle A--Farm Ownership Loans

Sec. 5001. Direct loans.
Sec. 5002. Financing of bridge loans.
Sec. 5003. Amount of guarantee of loans for farm operations on tribal 
           lands.
Sec. 5004. Guarantee of loans made under State beginning farmer or 
           rancher programs.
Sec. 5005. Down Payment Loan Program.
Sec. 5006. Beginning farmer and rancher contract land sales program.

                       Subtitle B--Operating Loans

Sec. 5101. Direct loans.
Sec. 5102. Suspension of limitation on period for which borrowers are 
           eligible for guaranteed assistance.

                       Subtitle C--Emergency Loans

Sec. 5201. Emergency loans in response to an emergency resulting from 
           quarantines.

                  Subtitle D--Administrative Provisions

Sec. 5301. Evaluations of direct and guaranteed loan programs.
Sec. 5302. Eligibility of trusts and limited liability companies for 
           farm ownership loans, farm operating loans, and emergency 
           loans.

[[Page 116 STAT. 138]]

Sec. 5303. Debt settlement.
Sec. 5304. Temporary authority to enter into contracts; private 
           collection agencies.
Sec. 5305. Interest rate options for loans in servicing.
Sec. 5306. Elimination of requirement that Secretary require county 
           committees to certify in writing that certain loan reviews 
           have been conducted.
Sec. 5307. Simplified loan guarantee application available for loans of 
           greater amounts.
Sec. 5308. Inventory property.
Sec. 5309. Administration of certified lenders and preferred certified 
           lenders programs.
Sec. 5310. Definitions.
Sec. 5311. Loan authorization levels.
Sec. 5312. Reservation of funds for direct operating loans for beginning 
           farmers and ranchers.
Sec. 5313. Interest rate reduction program.
Sec. 5314. Reamortization of recapture payments.
Sec. 5315. Allocation of certain funds for socially disadvantaged 
           farmers and ranchers.
Sec. 5316. Waiver of borrower training certification requirement.
Sec. 5317. Timing of loan assessments.
Sec. 5318. Annual review of borrowers.
Sec. 5319. Loan eligibility for borrowers with prior debt forgiveness.
Sec. 5320. Making and servicing of loans by personnel of State, county, 
           or area committees.
Sec. 5321. Eligibility of employees of State, county, or area committee 
           for loans and loan guarantees.

                         Subtitle E--Farm Credit

Sec. 5401. Repeal of burdensome approval requirements.
Sec. 5402. Banks for cooperatives.
Sec. 5403. Insurance corporation premiums.

                     Subtitle F--General Provisions

Sec. 5501. Technical amendments.

                       TITLE VI--RURAL DEVELOPMENT

         Subtitle A--Consolidated Farm and Rural Development Act

Sec. 6001. Eligibility of rural empowerment zones and rural enterprise 
           communities for direct and guaranteed loans for essential 
           community facilities. 
Sec. 6002. Water or waste disposal grants.
Sec. 6003. Rural business opportunity grants.
Sec. 6004. Child day care facilities.
Sec. 6005. Rural water and wastewater circuit rider program.
Sec. 6006. Multijurisdictional regional planning organizations.
Sec. 6007. Loan guarantees for certain rural development loans.
Sec. 6008. Tribal college and university essential community facilities.
Sec. 6009. Emergency and imminent community water assistance grant 
           program.
Sec. 6010. Water and waste facility grants for Native American tribes.
Sec. 6011. Grants for water systems for rural and native villages in 
           Alaska.
Sec. 6012. Grants to nonprofit organizations to finance the 
           construction, refurbishing, and servicing of individually-
           owned household water well systems in rural areas for 
           individuals with low or moderate incomes.
Sec. 6013. Loans and loan guarantees for renewable energy systems.
Sec. 6014. Rural business enterprise grants.
Sec. 6015. Rural cooperative development grants.
Sec. 6016. Grants to broadcasting systems.
Sec. 6017. Business and industry loan modifications.
Sec. 6018. Use of rural development loans and grants for other purposes.
Sec. 6019. Simplified application forms for loan guarantees.
Sec. 6020. Definition of rural and rural area.
Sec. 6021. National Rural Development Partnership.
Sec. 6022. Rural telework.
Sec. 6023. Historic barn preservation.
Sec. 6024. Grants for NOAA weather radio transmitters.
Sec. 6025. Grants to train farm workers in new technologies and to train 
           farm workers in specialized skills necessary for higher value 
           crops.
Sec. 6026. Rural community advancement program.
Sec. 6027. Delta Regional Authority.
Sec. 6028. Northern Great Plains Regional Authority.

[[Page 116 STAT. 139]]

Sec. 6029. Rural business investment program.
Sec. 6030. Rural strategic investment program.
Sec. 6031. Funding of pending rural development loan and grant 
           applications.

              Subtitle B--Rural Electrification Act of 1936

Sec. 6101. Guarantees for bonds and notes issued for electrification or 
           telephone purposes.
Sec. 6102. Expansion of 911 access.
Sec. 6103. Enhancement of access to broadband service in rural areas.

   Subtitle C--Food, Agriculture, Conservation, and Trade Act of 1990

Sec. 6201. Alternative Agricultural Research and Commercialization 
           Corporation.
Sec. 6202. Rural electronic commerce extension program. 
Sec. 6203. Telemedicine and distance learning services in rural areas.

             Subtitle D--SEARCH Grants for Small Communities

Sec. 6301. Definitions.
Sec. 6302. SEARCH grant program.
Sec. 6303. Report.
Sec. 6304. Funding.

                        Subtitle E--Miscellaneous

Sec. 6401. Value-added agricultural product market development grants.
Sec. 6402. Agriculture innovation center demonstration program.
Sec. 6403. Fund for Rural America.
Sec. 6404. Rural local television broadcast signal loan guarantees.
Sec. 6405. Rural firefighters and emergency personnel grant program.
Sec. 6406. Sense of Congress on rural policy coordination. 

                 TITLE VII--RESEARCH AND RELATED MATTERS

                         Subtitle A--Extensions

Sec. 7101. National rural information center clearinghouse.
Sec. 7102. Grants and fellowships for food and agricultural sciences 
           education.
Sec. 7103. Policy research centers.
Sec. 7104. Human nutrition intervention and health promotion research 
           program.
Sec. 7105. Pilot research program to combine medical and agricultural 
           research.
Sec. 7106. Nutrition education program.
Sec. 7107. Continuing animal health and disease research programs.
Sec. 7108. Appropriations for research on national or regional problems.
Sec. 7109. Grants to upgrade agricultural and food sciences facilities 
           at 1890 land-grant colleges, including Tuskegee University.
Sec. 7110. National research and training virtual centers.
Sec. 7111. Hispanic-serving institutions.
Sec. 7112. Competitive grants for international agricultural science and 
           education programs.
Sec. 7113. University research.
Sec. 7114. Extension service.
Sec. 7115. Supplemental and alternative crops.
Sec. 7116. Aquaculture research facilities.
Sec. 7117. Rangeland research.
Sec. 7118. National genetics resources program.
Sec. 7119. High-priority research and extension initiatives.
Sec. 7120. Nutrient management research and extension initiative.
Sec. 7121. Agricultural telecommunications program.
Sec. 7122. Assistive technology program for farmers with disabilities.
Sec. 7123. Partnerships for high-value agricultural product quality 
           research.
Sec. 7124. Biobased products.
Sec. 7125. Integrated research, education, and extension competitive 
           grants program.
Sec. 7126. Equity in Educational Land-Grant Status Act of 1994.
Sec. 7127. 1994 Institution research grants.
Sec. 7128. Endowment for 1994 Institutions.
Sec. 7129. Precision agriculture.
Sec. 7130. Thomas Jefferson Initiative for crop diversification.
Sec. 7131. Support for research regarding diseases of wheat, triticale, 
           and barley caused by fusarium graminearum or by tilletia 
           indica.
Sec. 7132. Office of Pest Management Policy.
Sec. 7133. National Agricultural Research, Extension, Education, and 
           Economics Advisory Board.
Sec. 7134. Grants for research on production and marketing of alcohols 
           and industrial hydrocarbons from agricultural commodities and 
           forest products.

[[Page 116 STAT. 140]]

Sec. 7135. Agricultural experiment stations research facilities.
Sec. 7136. Competitive, special, and facilities research grants national 
           research initiative.
Sec. 7137. Federal agricultural research facilities authorization of 
           appropriations.
Sec. 7138. Critical agricultural materials research.
Sec. 7139. Aquaculture.

                        Subtitle B--Modifications

Sec. 7201. Equity in Educational Land-Grant Status Act of 1994.
Sec. 7202. Carryover for experiment stations.
Sec. 7203. Authorization percentages for research and extension formula 
           funds.
Sec. 7204. Carryover for eligible institutions.
Sec. 7205. Initiative for future agriculture and food systems.
Sec. 7206. Eligibility for integrated grants program.
Sec. 7207. Agricultural Research, Extension, and Education Reform Act of 
           1998.
Sec. 7208. Food, Agriculture, Conservation, and Trade Act of 1990.
Sec. 7209. National Agricultural Research, Extension, and Teaching 
           Policy Act of 1977.
Sec. 7210. Biotechnology risk assessment research.
Sec. 7211. Competitive, special, and facilities research grants.
Sec. 7212. Matching funds requirement for research and extension 
           activities of 1890 Institutions.
Sec. 7213. Matching requirements for research and extension formula 
           funds for insular area land-grant institutions.
Sec. 7214. Definition of food and agricultural sciences.
Sec. 7215. Federal Extension Service.
Sec. 7216. Policy research centers.
Sec. 7217. Availability of competitive grant funds.
Sec. 7218. Organic agriculture research and extension initiative.
Sec. 7219. Senior scientific research service.
Sec. 7220. Termination of certain schedule a appointments.
Sec. 7221. Biosecurity planning and response programs.
Sec. 7222. Indirect costs for small business innovation research grants.
Sec. 7223. Carbon cycle research.

        Subtitle C--Repeal of Certain Activities and Authorities

Sec. 7301. Food Safety Research Information Office and National 
           Conference.
Sec. 7302. Reimbursement of expenses under Sheep Promotion, Research, 
           and Information Act of 1994.
Sec. 7303. Market expansion research.
Sec. 7304. National Advisory Board on Agricultural Weather.
Sec. 7305. Agricultural information exchange with Ireland.
Sec. 7306. Pesticide resistance study.
Sec. 7307. Expansion of education study.
Sec. 7308. Task force on 10-year strategic plan for agricultural 
           research facilities.

                       Subtitle D--New Authorities

Sec. 7401. Subtitle definitions.
Sec. 7402. Research equipment grants.
Sec. 7403. Joint requests for proposals.
Sec. 7404. Review of Agricultural Research Service.
Sec. 7405. Beginning farmer and rancher development program.
Sec. 7406. Sense of Congress regarding doubling of funding for 
           agricultural research.
Sec. 7407. Organic production and market data initiatives.
Sec. 7408. International organic research collaboration.
Sec. 7409. Report on producers and handlers of organic agricultural 
           products.
Sec. 7410. Report on genetically modified pest-protected plants.
Sec. 7411. Study of nutrient banking.
Sec. 7412. Grants for youth organizations.

                        Subtitle E--Miscellaneous

Sec. 7501. Resident instruction and distance education at institutions 
           of higher education in United States insular areas.
Sec. 7502. Definitions.
Sec. 7503. Resident instruction and distance education grants program 
           for insular area institutions of higher education.
Sec. 7504. Declaration of extraordinary emergency and resulting 
           authorities.
Sec. 7505. Agricultural biotechnology research and development for 
           developing countries.
Sec. 7506. Land acquisition authority, national peanut research 
           laboratory, Dawson, Georgia.

[[Page 116 STAT. 141]]

                          TITLE VIII--FORESTRY

         Subtitle A--Cooperative Forestry Assistance Act of 1978

Sec. 8001. Repeal of forestry incentives program and stewardship 
           incentive program.
Sec. 8002. Establishment of forest land enhancement program.
Sec. 8003. Enhanced community fire protection.

                  Subtitle B--Amendments to Other Laws

Sec. 8101. Sustainable forestry outreach initiative; renewable resources 
           extension activities.
Sec. 8102. Office of International Forestry.

                  Subtitle C--Miscellaneous Provisions

Sec. 8201. McIntire-Stennis cooperative forestry research program.

                            TITLE IX--ENERGY

Sec. 9001. Definitions.
Sec. 9002. Federal procurement of biobased products.
Sec. 9003. Biorefinery development grants.
Sec. 9004. Biodiesel fuel education program.
Sec. 9005. Energy audit and renewable energy development program.
Sec. 9006. Renewable energy systems and energy efficiency improvements.
Sec. 9007. Hydrogen and fuel cell technologies.
Sec. 9008. Biomass research and development.
Sec. 9009. Cooperative research and extension projects.
Sec. 9010. Continuation of bioenergy program.

                         TITLE X--MISCELLANEOUS

                       Subtitle A--Crop Insurance

Sec. 10001. Equal crop insurance treatment of potatoes and sweet 
           potatoes.
Sec. 10002. Continuous coverage.
Sec. 10003. Quality loss adjustment procedures.
Sec. 10004. Adjusted gross revenue insurance pilot program.
Sec. 10005. Sense of Congress on expansion of crop insurance coverage.
Sec. 10006. Report on specialty crop insurance.

                     Subtitle B--Disaster Assistance

Sec. 10101. Reference to sea grass and sea oats as crops covered by 
           noninsured crop disaster assistance program.
Sec. 10102. Emergency grants to assist low-income migrant and seasonal 
           farmworkers.
Sec. 10103. Emergency loans for seed producers.
Sec. 10104. Assistance for livestock producers.
Sec. 10105. Market loss assistance for apple producers.
Sec. 10106. Market loss assistance for onion producers.
Sec. 10107. Commercial fisheries failure.
Sec. 10108. Study of feasibility of producer indemnification from 
           Government-caused disasters.

                   Subtitle C--Tree Assistance Program

Sec. 10201. Definitions.
Sec. 10202. Eligibility.
Sec. 10203. Assistance.
Sec. 10204. Limitations on assistance.
Sec. 10205. Authorization of appropriations.

                       Subtitle D--Animal Welfare

Sec. 10301. Definition of animal under the Animal Welfare Act.
Sec. 10302. Prohibition on interstate movement of animals for animal 
           fighting.
Sec. 10303. Penalties and foreign commerce provisions of the Animal 
           Welfare Act.
Sec. 10304. Report on rats, mice, and birds.
Sec. 10305. Enforcement of Humane Methods of Slaughter Act of 1958.

                  Subtitle E--Animal Health Protection

Sec. 10401. Short title.
Sec. 10402. Findings.
Sec. 10403. Definitions.
Sec. 10404. Restriction on importation or entry.

[[Page 116 STAT. 142]]

Sec. 10405. Exportation.
Sec. 10406. Interstate movement.
Sec. 10407. Seizure, quarantine, and disposal.
Sec. 10408. Inspections, seizures, and warrants.
Sec. 10409. Detection, control, and eradication of diseases and pests.
Sec. 10410. Veterinary accreditation program.
Sec. 10411. Cooperation.
Sec. 10412. Reimbursable agreements.
Sec. 10413. Administration and claims.
Sec. 10414. Penalties.
Sec. 10415. Enforcement.
Sec. 10416. Regulations and orders.
Sec. 10417. Authorization of appropriations.
Sec. 10418. Repeals and conforming amendments.

                          Subtitle F--Livestock

Sec. 10501. Transportation of poultry and other animals.
Sec. 10502. Swine contractors.
Sec. 10503. Right to discuss terms of contract.
Sec. 10504. Veterinary training.
Sec. 10505. Pseudorabies eradication program.

                       Subtitle G--Specialty Crops

Sec. 10601. Marketing orders for caneberries.
Sec. 10602. Availability of section 32 funds.
Sec. 10603. Purchase of specialty crops.
Sec. 10604. Protection for purchasers of farm products.
Sec. 10605. Farmers' market promotion program.
Sec. 10606. National organic certification cost-share program.
Sec. 10607. Exemption of certified organic products from assessments.
Sec. 10608. Cranberry acreage reserve program.

                       Subtitle H--Administration

Sec. 10701. Initial rate of basic pay for employees of county 
           committees.
Sec. 10702. Commodity Futures Trading Commission pay comparability.
Sec. 10703. Overtime and holiday pay.
Sec. 10704. Assistant Secretary of Agriculture for Civil Rights.
Sec. 10705. Operation of Graduate School of Department of Agriculture.
Sec. 10706. Implementation funding and information management.
Sec. 10707. Outreach and assistance for socially disadvantaged farmers 
           and ranchers.
Sec. 10708. Transparency and accountability for socially disadvantaged 
           farmers and ranchers; public disclosure requirements for 
           county committee elections.

                     Subtitle I--General Provisions

Sec. 10801. Cotton classification services.
Sec. 10802. Program of public education regarding use of biotechnology 
           in producing food for human consumption.
Sec. 10803. Chino Dairy Preserve Project.
Sec. 10804. Grazinglands Research Laboratory.
Sec. 10805. Food and Agricultural Policy Research Institute.
Sec. 10806. Market names for catfish and ginseng.
Sec. 10807. Food Safety Commission.
Sec. 10808. Pasteurization.
Sec. 10809. Rulemaking on labeling of irradiated food; certain 
           petitions.
Sec. 10810. Penalties for violations of Plant Protection Act.
Sec. 10811. Preclearance quarantine inspections.
Sec. 10812. Connecticut River Atlantic Salmon Commission.
Sec. 10813. Pine Point School.
Sec. 10814. 7-month extension of chapter 12 of title 11 of the United 
           States Code.
Sec. 10815. Practices involving nonambulatory livestock.
Sec. 10816. Country of origin labeling.

              Subtitle J--Miscellaneous Studies and Reports

Sec. 10901. Report on specialty crop purchases.
Sec. 10902. Report on pouched and canned salmon.
Sec. 10903. Study on updating yields.
Sec. 10904. Report on effect of farm program payments.
Sec. 10905. Chiloquin Dam fish passage feasibility study.

[[Page 116 STAT. 143]]

Sec. 10906. Report on geographically disadvantaged farmers and ranchers.
Sec. 10907. Studies on agricultural research and technology.
Sec. 10908. Report on tobacco settlement agreement.
Sec. 10909. Report on sale and use of pesticides for agricultural uses.
Sec. 10910. Review of operation of agricultural and natural resource 
           programs on tribal trust land.

                       TITLE I--COMMODITY PROGRAMS

SEC. 1001. DEFINITIONS. <<NOTE: 7 USC 7901.>> 

    In this title (other than subtitle C):
            (1) Agricultural act of 1949.--The term ``Agricultural Act 
        of 1949'' means the Agricultural Act of 1949 (7 U.S.C. 1421 et 
        seq.), as in effect prior to the suspensions under section 171 
        of the Federal Agriculture Improvement and Reform Act of 1996 (7 
        U.S.C. 7301).
            (2) Base acres.--The term ``base acres'', with respect to a 
        covered commodity on a farm, means the number of acres 
        established under section 1101 with respect to the covered 
        commodity on the election made by the owner of the farm under 
        subsection (a) of such section.
            (3) Counter-cyclical payment.--The term ``counter-cyclical 
        payment'' means a payment made to producers on a farm under 
        section 1104.
            (4) Covered commodity.--The term ``covered commodity'' means 
        wheat, corn, grain sorghum, barley, oats, upland cotton, rice, 
        soybeans, and other oilseeds.
            (5) Direct payment.--The term ``direct payment'' means a 
        payment made to producers on a farm under section 1103.
            (6) Effective price.--The term ``effective price'', with 
        respect to a covered commodity for a crop year, means the price 
        calculated by the Secretary under section 1104 to determine 
        whether counter-cyclical payments are required to be made for 
        that crop year.
            (7) Extra long staple cotton.--The term ``extra long staple 
        cotton'' means cotton that--
                    (A) is produced from pure strain varieties of the 
                Barbadense species or any hybrid thereof, or other 
                similar types of extra long staple cotton, designated by 
                the Secretary, having characteristics needed for various 
                end uses for which United States upland cotton is not 
                suitable and grown in irrigated cotton-growing regions 
                of the United States designated by the Secretary or 
                other areas designated by the Secretary as suitable for 
                the production of the varieties or types; and
                    (B) is ginned on a roller-type gin or, if authorized 
                by the Secretary, ginned on another type gin for 
                experimental purposes.
            (8) Loan commodity.--The term `loan commodity' means wheat, 
        corn, grain sorghum, barley, oats, upland cotton, extra long 
        staple cotton, rice, soybeans, other oilseeds, wool, mohair, 
        honey, dry peas, lentils, and small chickpeas.
            (9) Other oilseed.--The term ``other oilseed'' means a crop 
        of sunflower seed, rapeseed, canola, safflower, flaxseed, 
        mustard seed, or, if designated by the Secretary, another 
        oilseed.
            (10) Payment acres.--The term ``payment acres'' means 85 
        percent of the base acres of a covered commodity on a

[[Page 116 STAT. 144]]

        farm, as established under section 1101, on which direct 
        payments and counter-cyclical payments are made.
            (11) Payment yield.--
                    (A) In general.--The term ``payment yield'' means 
                the yield established under section 1102 for a farm for 
                a covered commodity.
                    (B) Updated payment yield.--The term ``updated 
                payment yield'' means the payment yield elected by the 
                owner of a farm under section 1102(e) to be used in 
                calculating the counter-cyclical payments for the farm.
            (12) Producer.--The term ``producer'' means an owner, 
        operator, landlord, tenant, or sharecropper that shares in the 
        risk of producing a crop and is entitled to share in the crop 
        available for marketing from the farm, or would have shared had 
        the crop been produced. In determining whether a grower of 
        hybrid seed is a producer, the Secretary shall not take into 
        consideration the existence of a hybrid seed contract and shall 
        ensure that program requirements do not adversely affect the 
        ability of the grower to receive a payment under this title.
            (13) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.
            (14) State.--The term ``State'' means each of the several 
        States of the United States, the District of Columbia, the 
        Commonwealth of Puerto Rico, and any other territory or 
        possession of the United States.
            (15) Target price.--The term ``target price'' means the 
        price per bushel (or other appropriate unit in the case of 
        upland cotton, rice, and other oilseeds) of a covered commodity 
        used to determine the payment rate for counter-cyclical 
        payments.
            (16) United states.--The term ``United States'', when used 
        in a geographical sense, means all of the States.

        Subtitle A--Direct Payments and Counter-Cyclical Payments

SEC. 1101. <<NOTE: 7 USC 7911.>>  ESTABLISHMENT OF BASE ACRES AND 
            PAYMENT ACRES FOR A FARM.

    (a) Election by Owner of Base Acres Calculation Method.--
            (1) Alternative calculation methods.--For the purpose of 
        making direct payments and counter-cyclical payments with 
        respect to a farm, the Secretary shall give an owner of the farm 
        an opportunity to elect 1 of the following as the method by 
        which the base acres of all covered commodities on the farm are 
        to be determined:
                    (A) Subject to paragraphs (3) and (4), the 4-year 
                average of the following:
                          (i) Acreage planted on the farm to covered 
                      commodities for harvest, grazing, haying, silage, 
                      or other similar purposes for the 1998 through 
                      2001 crop years.
                          (ii) Any acreage on the farm that the 
                      producers were prevented from planting during the 
                      1998 through 2001 crop years to covered 
                      commodities because of

[[Page 116 STAT. 145]]

                      drought, flood, or other natural disaster, or 
                      other condition beyond the control of the 
                      producers, as determined by the Secretary.
                    (B) Subject to paragraph (3), the sum of the 
                following:
                          (i) The contract acreage (as defined in 
                      section 102 of the Federal Agriculture Improvement 
                      and Reform Act of 1996 (7 U.S.C. 7202)) used by 
                      the Secretary to calculate the fiscal year 2002 
                      payment authorized under section 114 of such Act 
                      (7 U.S.C. 7214) for the covered commodities on the 
                      farm.
                          (ii) The 4-year average of eligible oilseed 
                      acreage on the farm for the 1998 through 2001 crop 
                      years, as determined by the Secretary under 
                      paragraph (2).
            (2) Eligible oilseed acreage.--
                    (A) Calculation.--For purposes of paragraph 
                (1)(B)(ii), the eligible acreage for each oilseed on a 
                farm during each of the 1998 through 2001 crop years 
                shall be determined in the manner provided in paragraph 
                (1)(A), except that the total acreage for all oilseeds 
                on the farm for a crop year may not exceed the 
                difference between--
                          (i) the total acreage determined under 
                      paragraph (1)(A) for all covered commodities for 
                      that crop year; and
                          (ii) the total contract acreage determined 
                      under paragraph (1)(B)(i).
                    (B) Effect of negative number.--If the subtraction 
                performed under subparagraph (A) results in a negative 
                number, the eligible oilseed acreage on the farm for 
                that crop year shall be zero for purposes of determining 
                the 4-year average.
                    (C) Offset of contract acreage.--The owner of a farm 
                may increase the eligible acreage for an oilseed on the 
                farm by reducing the contract acreage determined under 
                paragraph (1)(B)(i) for 1 or more covered commodities on 
                an acre-for-acre basis, except that the total base 
                acreage for each oilseed on the farm may not exceed the 
                4-year average of each oilseed determined under 
                paragraph (1)(B)(ii).
            (3) Inclusion of all 4 years in average.--For the purpose of 
        determining a 4-year acreage average under this subsection for a 
        farm, the Secretary shall not exclude any crop year in which a 
        covered commodity was not planted.
            (4) Treatment of multiple planting or prevented planting.--
        For the purpose of determining under paragraph (1)(A) the 
        acreage on a farm that producers planted or were prevented from 
        planting during the 1998 through 2001 crop years to covered 
        commodities, if the acreage that was planted or prevented from 
        being planted was devoted to another covered commodity in the 
        same crop year (other than a covered commodity produced under an 
        established practice of double cropping), the owner may elect 
        the commodity to be used for that crop year in determining the 
        4-year average, but may not include both the initial commodity 
        and the subsequent commodity.

    (b) Single Election; Time for Election.--
            (1) Notice of election opportunity.--As soon as practicable 
        after the date of enactment of this Act, the Secretary

[[Page 116 STAT. 146]]

        shall provide notice to owners of farms regarding their 
        opportunity to make the election described in subsection (a). 
        The notice shall include the following:
                    (A) Notice that the opportunity of an owner to make 
                the election is being provided only once.
                    (B) Information regarding the manner in which the 
                election must be made and the time periods and manner in 
                which notice of the election must be submitted to the 
                Secretary.
            (2) Election deadline.--Within the time period and in the 
        manner prescribed pursuant to paragraph (1), the owner of a farm 
        shall submit to the Secretary notice of the election made by the 
        owner under subsection (a).

    (c) Effect of Failure To Make Election.--If the owner of a farm 
fails to make the election under subsection (a) or fails to timely 
notify the Secretary of the election made, as required by subsection 
(b), the owner shall be deemed to have made the election described in 
subsection (a)(1)(B) to determine base acres for all covered commodities 
on the farm.
    (d) Application of Election to All Covered Commodities.--The 
election made under subparagraph (A) or (B) of subsection (a)(1), or 
deemed to be made under subsection (c), with respect to a farm shall 
apply to all of the covered commodities on the farm.
    (e) Treatment of Conservation Reserve Contract Acreage.--
            (1) In general.--The Secretary shall provide for an 
        adjustment, as appropriate, in the base acres for covered 
        commodities for a farm whenever either of the following 
        circumstances occurs:
                    (A) A conservation reserve contract entered into 
                under section 1231 of the Food Security Act of 1985 (16 
                U.S.C. 3831) with respect to the farm expires or is 
                voluntarily terminated.
                    (B) Cropland is released from coverage under a 
                conservation reserve contract by the Secretary.
            (2) Special payment rules.--For the crop year in which a 
        base acres adjustment under paragraph (1) is first made, the 
        owner of the farm shall elect to receive either direct payments 
        and counter-cyclical payments with respect to the acreage added 
        to the farm under this subsection or a prorated payment under 
        the conservation reserve contract, but not both.

    (f) Payment Acres.--The payment acres for a covered commodity on a 
farm shall be equal to 85 percent of the base acres for the covered 
commodity.

    (g) Prevention of Excess Base Acres.--
            (1) Required reduction.--If the sum of the base acres for a 
        farm, together with the acreage described in paragraph (2), 
        exceeds the actual cropland acreage of the farm, the Secretary 
        shall reduce the base acres for 1 or more covered commodities 
        for the farm or the base acres for peanuts for the farm under 
        subtitle C so that the sum of the base acres and acreage 
        described in paragraph (2) does not exceed the actual cropland 
        acreage of the farm.
            (2) Other acreage.--For purposes of paragraph (1), the 
        Secretary shall include the following:

[[Page 116 STAT. 147]]

                    (A) Any base acres for peanuts for the farm under 
                subtitle C.
                    (B) Any acreage on the farm enrolled in the 
                conservation reserve program or wetlands reserve program 
                under chapter 1 of subtitle D of title XII of the Food 
                Security Act of 1985 (16 U.S.C. 3830 et seq.).
                    (C) Any other acreage on the farm enrolled in a 
                conservation program for which payments are made in 
                exchange for not producing an agricultural commodity on 
                the acreage.
            (3) Selection of acres.--The Secretary shall give the owner 
        of the farm the opportunity to select the base acres or the base 
        acres for peanuts for the farm under subtitle C against which 
        the reduction required by paragraph (1) will be made.
            (4) Exception for double-cropped acreage.--In applying 
        paragraph (1), the Secretary shall make an exception in the case 
        of double cropping, as determined by the Secretary.
            (5) Coordinated application of requirements.--The Secretary 
        shall take into account section 1302(f) when applying the 
        requirements of this subsection.

    (h) Permanent Reduction in Base Acres.--The owner of a farm may 
reduce, at any time, the base acres for any covered commodity for the 
farm. The reduction shall be permanent and made in the manner prescribed 
by the Secretary.

SEC. 1102. ESTABLISHMENT OF PAYMENT YIELD.

    (a) Establishment and Purpose.--For the purpose of making direct 
payments and counter-cyclical payments under this subtitle, the 
Secretary shall provide for the establishment of a payment yield for 
each farm for each covered commodity in accordance with this section.
    (b) Use of Farm Program Payment Yield.--Except as otherwise provided 
in this section, the payment yield for each of the 2002 through 2007 
crops of a covered commodity for a farm shall be the farm program 
payment yield established for the 1995 crop of the covered commodity 
under section 505 of the Agricultural Act of 1949 (7 U.S.C. 1465), as 
adjusted by the Secretary to account for any additional yield payments 
made with respect to that crop under section 505(b)(2) of that Act.
    (c) Farms Without Farm Program Payment Yield.--In the case of a farm 
for which a farm program payment yield is unavailable for a covered 
commodity (other than soybeans or other oilseeds), the Secretary shall 
establish an appropriate payment yield for the covered commodity on the 
farm taking into consideration the farm program payment yields 
applicable to the commodity under subsection (b) for similar farms, but 
before the yields for the similar farms are updated as provided in 
subsection (e).
    (d) Payment Yields for Oilseeds.--
            (1) Determination of average yield.--In the case of soybeans 
        and each other oilseed, the Secretary shall determine the 
        average yield per planted acre for the oilseed on a farm for the 
        1998 through 2001 crop years, excluding any crop year in which 
        the acreage planted to the oilseed was zero.
            (2) Adjustment for payment yield.--The payment yield for a 
        farm for an oilseed shall be equal to the product of the 
        following:

[[Page 116 STAT. 148]]

                    (A) The average yield for the oilseed determined 
                under paragraph (1).
                    (B) The ratio resulting from dividing the national 
                average yield for the oilseed for the 1981 through 1985 
                crops by the national average yield for the oilseed for 
                the 1998 through 2001 crops.
            (3) Use of partial county average yield.--If the yield per 
        planted acre for a crop of an oilseed for a farm for any of the 
        1998 through 2001 crop years was less than 75 percent of the 
        county yield for that oilseed, the Secretary shall assign a 
        yield for that crop year equal to 75 percent of the county yield 
        for the purpose of determining the average under paragraph (1).

    (e) Opportunity to Partially Update Yields Used to Determine 
Counter-Cyclical Payments.--
            (1) Election to update.--If the owner of a farm elects to 
        use the base acres calculation method described in section 
        1101(a)(1)(A), the owner shall also have a 1-time opportunity to 
        elect to use 1 of the methods described in paragraph (3) to 
        partially update the payment yields that would otherwise be used 
        in calculating any counter-cyclical payments for covered 
        commodities on the farm.
            (2) Time for election.--The election under paragraph (1) 
        shall be made at the same time and in the same manner as the 
        Secretary prescribes for the election required under section 
        1101.
            (3) Methods of updating yields.--If the owner of a farm 
        elects to update yields under this subsection, the payment yield 
        for a covered commodity on the farm, for the purpose of 
        calculating counter-cyclical payments only, shall be equal to 
        the yield determined using either of the following:
                    (A) The sum of the following:
                          (i) The payment yield applicable for direct 
                      payments for the covered commodity on the farm.
                          (ii) 70 percent of the difference between--
                                    (I) the average yield per planted 
                                acre for the crop of the covered 
                                commodity on the farm for the 1998 
                                through 2001 crop years, as determined 
                                by the Secretary, excluding any crop 
                                year in which the acreage planted to the 
                                crop of the covered commodity was zero; 
                                and
                                    (II) the payment yield applicable 
                                for direct payments for the covered 
                                commodity on the farm.
                    (B) 93.5 percent of the average of the yield per 
                planted acre for the crop of the covered commodity on 
                the farm for the 1998 through 2001 crop years, as 
                determined by the Secretary, excluding any crop year in 
                which the acreage planted to the crop of the covered 
                commodity was zero.
            (4) Use of partial county average yield.--If the yield per 
        planted acre for a crop of the covered commodity for a farm for 
        any of the 1998 through 2001 crop years was less than 75 percent 
        of the county yield for that commodity, the Secretary shall 
        assign a yield for that crop year equal to 75 percent of the 
        county yield for the purpose of determining the average yield 
        under paragraph (3).
            (5) Application of election and method to all covered 
        commodities.--The owner of a farm may not elect the method

[[Page 116 STAT. 149]]

        described in paragraph (3)(A) for 1 covered commodity on the 
        farm and the method described in paragraph (3)(B) for other 
        covered commodities on the farm.

SEC. 1103. <<NOTE: 7 USC 7913.>> AVAILABILITY OF DIRECT PAYMENTS.

    (a) Payment Required.--For each of the 2002 through 2007 crop years 
of each covered commodity, the Secretary shall make direct payments to 
producers on farms for which payment yields and base acres are 
established.
    (b) Payment Rate.--The payment rates used to make direct payments 
with respect to covered commodities for a crop year are as follows:
            (1) Wheat, $0.52 per bushel.
            (2) Corn, $0.28 per bushel.
            (3) Grain sorghum, $0.35 per bushel.
            (4) Barley, $0.24 per bushel.
            (5) Oats, $0.024 per bushel.
            (6) Upland cotton, $0.0667 per pound.
            (7) Rice, $2.35 per hundredweight.
            (8) Soybeans, $0.44 per bushel.
            (9) Other oilseeds, $0.0080 per pound.

    (c) Payment Amount.--The amount of the direct payment to be paid to 
the producers on a farm for a covered commodity for a crop year shall be 
equal to the product of the following:
            (1) The payment rate specified in subsection (b).
            (2) The payment acres of the covered commodity on the farm.
            (3) The payment yield for the covered commodity for the 
        farm.

    (d) Time for Payment.--
            (1) In general.--The Secretary shall make direct payments--
                    (A) in the case of the 2002 crop year, as soon as 
                practicable after the date of enactment of this Act; and
                    (B) in the case of each of the 2003 through 2007 
                crop years, not before October 1 of the calendar year in 
                which the crop of the covered commodity is harvested.
            (2) Advance payments.--At the option of the producers on a 
        farm, up to 50 percent of the direct payment for a covered 
        commodity for any of the 2003 through 2007 crop years shall be 
        paid to the producers in advance. The producers shall select the 
        month within which the advance payment for a crop year will be 
        made. The month selected may be any month during the period 
        beginning on December 1 of the calendar year before the calendar 
        year in which the crop of the covered commodity is harvested 
        through the month within which the direct payment would 
        otherwise be made. The producers may change the selected month 
        for a subsequent advance payment by providing advance notice to 
        the Secretary.
            (3) Repayment of advance payments.--If a producer on a farm 
        that receives an advance direct payment for a crop year ceases 
        to be a producer on that farm, or the extent to which the 
        producer shares in the risk of producing a crop changes, before 
        the date the remainder of the direct payment is made, the 
        producer shall be responsible for repaying the Secretary the 
        applicable amount of the advance payment, as determined by the 
        Secretary.

[[Page 116 STAT. 150]]

SEC. 1104. <<NOTE: 7 USC 7914.>>  AVAILABILITY OF COUNTER-CYCLICAL 
            PAYMENTS.

    (a) Payment Required.--For each of the 2002 through 2007 crop years 
for each covered commodity, the Secretary shall make counter-cyclical 
payments to producers on farms for which payment yields and base acres 
are established with respect to the covered commodity if the Secretary 
determines that the effective price for the covered commodity is less 
than the target price for the covered commodity.
    (b) Effective Price.--For purposes of subsection (a), the effective 
price for a covered commodity is equal to the sum of the following:
            (1) The higher of the following:
                    (A) The national average market price received by 
                producers during the 12-month marketing year for the 
                covered commodity, as determined by the Secretary.
                    (B) The national average loan rate for a marketing 
                assistance loan for the covered commodity in effect for 
                the applicable period under subtitle B.
            (2) The payment rate in effect for the covered commodity 
        under section 1103 for the purpose of making direct payments 
        with respect to the covered commodity.

    (c) Target Price.--
            (1) 2002 and 2003 crop years.--For purposes of the 2002 and 
        2003 crop years, the target prices for covered commodities shall 
        be as follows:
                    (A) Wheat, $3.86 per bushel.
                    (B) Corn, $2.60 per bushel.
                    (C) Grain sorghum, $2.54 per bushel.
                    (D) Barley, $2.21 per bushel.
                    (E) Oats, $1.40 per bushel.
                    (F) Upland cotton, $0.7240 per pound.
                    (G) Rice, $10.50 per hundredweight.
                    (H) Soybeans, $5.80 per bushel.
                    (I) Other oilseeds, $0.0980 per pound.
            (2) Subsequent crop years.--For purposes of each of the 2004 
        through 2007 crop years, the target prices for covered 
        commodities shall be as follows:
                    (A) Wheat, $3.92 per bushel.
                    (B) Corn, $2.63 per bushel.
                    (C) Grain sorghum, $2.57 per bushel.
                    (D) Barley, $2.24 per bushel.
                    (E) Oats, $1.44 per bushel.
                    (F) Upland cotton, $0.7240 per pound.
                    (G) Rice, $10.50 per hundredweight.
                    (H) Soybeans, $5.80 per bushel.
                    (I) Other oilseeds, $0.1010 per pound.

    (d) Payment Rate.--The payment rate used to make counter-cyclical 
payments with respect to a covered commodity for a crop year shall be 
equal to the difference between--
            (1) the target price for the covered commodity; and
            (2) the effective price determined under subsection (b) for 
        the covered commodity.

    (e) Payment Amount.--If counter-cyclical payments are required to be 
paid for any of the 2002 through 2007 crop years of a covered commodity, 
the amount of the counter-cyclical payment to be paid to the producers 
on a farm for that crop year shall be equal to the product of the 
following:

[[Page 116 STAT. 151]]

            (1) The payment rate specified in subsection (d).
            (2) The payment acres of the covered commodity on the farm.
            (3) The payment yield or updated payment yield for the farm, 
        depending on the election of the owner of the farm under section 
        1102.

    (f) Time for Payments.--
            (1) General rule.--If the Secretary determines under 
        subsection (a) that counter-cyclical payments are required to be 
        made under this section for the crop of a covered commodity, the 
        Secretary shall make the counter-cyclical payments for the crop 
        as soon as practicable after the end of the 12-month marketing 
        year for the covered commodity.
            (2) Availability of partial payments.--If, before the end of 
        the 12-month marketing year for a covered commodity, the 
        Secretary estimates that counter-cyclical payments will be 
        required for the crop of the covered commodity, the Secretary 
        shall give producers on a farm the option to receive partial 
        payments of the counter-cyclical payment projected to be made 
        for that crop of the covered commodity.
            (3) Time for partial payments.--
                    (A) 2002 through 2006 crop years.--When the 
                Secretary makes partial payments available under 
                paragraph (2) for a covered commodity for any of the 
                2002 through 2006 crop years--
                          (i) the first partial payment for the crop 
                      year shall be made not earlier than October 1, 
                      and, to the maximum extent practicable, not later 
                      than October 31, of the calendar year in which the 
                      crop of the covered commodity is harvested;
                          (ii) the second partial payment shall be made 
                      not earlier than February 1 of the next calendar 
                      year; and
                          (iii) the final partial payment shall be made 
                      as soon as practicable after the end of the 12-
                      month marketing year for the covered commodity.
                    (B) 2007 crop year.--When the Secretary makes 
                partial payments available for a covered commodity for 
                the 2007 crop year--
                          (i) the first partial payment shall be made 
                      after completion of the first 6 months of the 
                      marketing year for the covered commodity; and
                          (ii) the final partial payment shall be made 
                      as soon as practicable after the end of the 12-
                      month marketing year for the covered commodity.
            (4) Amount of partial payments.--
                    (A) 2002 through 2006 crop years.--
                          (i) First partial payment.--For each of the 
                      2002 through 2006 crop years of a covered 
                      commodity, the first partial payment under 
                      paragraph (3) to the producers on a farm may not 
                      exceed 35 percent of the projected counter-
                      cyclical payment for the covered commodity for the 
                      crop year, as determined by the Secretary.
                          (ii) Second partial payment.--The second 
                      partial payment for a covered commodity for a crop 
                      year may not exceed the difference between--

[[Page 116 STAT. 152]]

                                    (I) 70 percent of the projected 
                                counter-cyclical payment (including any 
                                revision thereof) for the crop of the 
                                covered commodity; and
                                    (II) the amount of the payment made 
                                under clause (i).
                          (iii) Final payment.--The final payment for a 
                      covered commodity for a crop year shall be equal 
                      to the difference between--
                                    (I) the actual counter-cyclical 
                                payment to be made to the producers for 
                                the covered commodity for that crop 
                                year; and
                                    (II) the amount of the partial 
                                payments made to the producers under 
                                clauses (i) and (ii) for that crop year.
                    (B) 2007 crop year.--
                          (i) First partial payment.--For the 2007 crop 
                      year, the first partial payment under paragraph 
                      (3) to the producers on a farm may not exceed 40 
                      percent of the projected counter-cyclical payment 
                      for the covered commodity for the crop year, as 
                      determined by the Secretary.
                          (ii) Final payment.--The final payment for the 
                      2007 crop year shall be equal to the difference 
                      between--
                                    (I) the actual counter-cyclical 
                                payment to be made to the producers for 
                                the covered commodity for that crop 
                                year; and
                                    (II) the amount of the partial 
                                payment made to the producers under 
                                clause (i).
            (5) Repayment.--The producers on a farm that receive a 
        partial payment under this subsection for a crop year shall 
        repay to the Secretary the amount, if any, by which the total of 
        the partial payments exceed the actual counter-cyclical payment 
        to be made for the covered commodity for that crop year.

SEC. 1105. <<NOTE: 7 USC 7915.>>  PRODUCER AGREEMENT REQUIRED AS 
            CONDITION OF PROVISION OF DIRECT PAYMENTS AND COUNTER-
            CYCLICAL PAYMENTS.

    (a) Compliance With Certain Requirements.--
            (1) Requirements.--Before the producers on a farm may 
        receive direct payments or counter-cyclical payments with 
        respect to the farm, the producers shall agree, during the crop 
        year for which the payments are made and in exchange for the 
        payments--
                    (A) to comply with applicable conservation 
                requirements under subtitle B of title XII of the Food 
                Security Act of 1985 (16 U.S.C. 3811 et seq.);
                    (B) to comply with applicable wetland protection 
                requirements under subtitle C of title XII of the Act 
                (16 U.S.C. 3821 et seq.);
                    (C) to comply with the planting flexibility 
                requirements of section 1106;
                    (D) to use the land on the farm, in a quantity equal 
                to the attributable base acres for the farm and any base 
                acres for peanuts for the farm under subtitle C for an

[[Page 116 STAT. 153]]

                agricultural or conserving use, and not for a 
                nonagricultural commercial or industrial use, as 
                determined by the Secretary; and
                    (E) 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 conserving use involves the 
                noncultivation of any portion of the land referred to in 
                subparagraph (D).
            (2) Compliance.--The Secretary may issue such rules as the 
        Secretary considers necessary to ensure producer compliance with 
        the requirements of paragraph (1).
            (3) Modification.--At the request of the transferee or 
        owner, the Secretary may modify the requirements of this 
        subsection if the modifications are consistent with the 
        objectives of this subsection, as determined by the Secretary.

    (b) Transfer or Change of Interest in Farm.--
            (1) Termination.--Except as provided in paragraph (2), a 
        transfer of (or change in) the interest of the producers on a 
        farm in base acres for which direct payments or counter-cyclical 
        payments are made shall result in the termination of the 
        payments with respect to the base acres, unless the transferee 
        or owner of the acreage agrees to assume all obligations under 
        subsection (a). The termination shall take effect on the date 
        determined by the Secretary.
            (2) Exception.--If a producer entitled to a direct payment 
        or counter-cyclical payment dies, becomes incompetent, or is 
        otherwise unable to receive the payment, the Secretary shall 
        make the payment, in accordance with rules issued by the 
        Secretary.

    (c) Acreage Reports.--As a condition on the receipt of any benefits 
under this subtitle or subtitle B, the Secretary shall require producers 
on a farm to submit to the Secretary annual acreage reports with respect 
to all cropland on the farm.
    (d) Tenants and Sharecroppers.--In carrying out this subtitle, the 
Secretary shall provide adequate safeguards to protect the interests of 
tenants and sharecroppers.
    (e) Sharing of Payments.--The Secretary shall provide for the 
sharing of direct payments and counter-cyclical payments among the 
producers on a farm on a fair and equitable basis.

SEC. 1106. <<NOTE: 7 USC 7916.>>  PLANTING FLEXIBILITY.

    (a) Permitted Crops.--Subject to subsection (b), any commodity or 
crop may be planted on base acres on a farm.
    (b) Limitations Regarding Certain Commodities.--
            (1) General limitation.--The planting of an agricultural 
        commodity specified in paragraph (3) shall be prohibited on base 
        acres unless the commodity, if planted, is destroyed before 
        harvest.
            (2) Treatment of trees and other perennials.--The planting 
        of an agricultural commodity specified in paragraph (3) that is 
        produced on a tree or other perennial plant shall be prohibited 
        on base acres.
            (3) Covered agricultural commodities.--Paragraphs (1) and 
        (2) apply to the following agricultural commodities:
                    (A) Fruits.
                    (B) Vegetables (other than lentils, mung beans, and 
                dry peas).

[[Page 116 STAT. 154]]

                    (C) Wild rice.

    (c) Exceptions.--Paragraphs (1) and (2) of subsection (b) shall not 
limit the planting of an agricultural commodity specified in paragraph 
(3) of that subsection--
            (1) in any region in which there is a history of double-
        cropping of covered commodities with agricultural commodities 
        specified in subsection (b)(3), as determined by the Secretary, 
        in which case the double-cropping shall be permitted;
            (2) on a farm that the Secretary determines has a history of 
        planting agricultural commodities specified in subsection (b)(3) 
        on base acres, except that direct payments and counter-cyclical 
        payments shall be reduced by an acre for each acre planted to 
        such an agricultural commodity; or
            (3) by the producers on a farm that the Secretary determines 
        has an established planting history of a specific agricultural 
        commodity specified in subsection (b)(3), except that--
                    (A) the quantity planted may not exceed the average 
                annual planting history of such agricultural commodity 
                by the producers on the farm in the 1991 through 1995 or 
                1998 through 2001 crop years (excluding any crop year in 
                which no plantings were made), as determined by the 
                Secretary; and
                    (B) direct payments and counter-cyclical payments 
                shall be reduced by an acre for each acre planted to 
                such agricultural commodity.

    (d) Special Rule for 2002 Crop Year.--For the 2002 crop year only, 
if the calculation of base acres under section 1101(a) results in total 
base acres for a farm in excess of the contract acreage (as defined in 
section 102 of the Federal Agriculture Improvement and Reform Act of 
1996 (7 U.S.C. 7202)) for the farm used to calculate the fiscal year 
2002 payment authorized under section 114 of such Act (7 U.S.C. 7214), 
paragraphs (1) and (2) of subsection (b) shall not limit the harvesting 
of an agricultural commodity specified in paragraph (3) of that 
subsection on the excess base acres, except that direct payments and 
counter-cyclical payments for the 2002 crop year shall be reduced by an 
acre for each acre of the excess base acres planted to such an 
agricultural commodity.

SEC. 1107. <<NOTE: 7 USC 7917.>>  RELATION TO REMAINING PAYMENT 
            AUTHORITY UNDER PRODUCTION FLEXIBILITY CONTRACTS.

    (a) Termination of Superseded Payment Authority.--Notwithstanding 
section 113(a)(7) of the Federal Agriculture Improvement and Reform Act 
of 1996 (7 U.S.C. 7213(a)(7)) or any other provision of law, the 
Secretary shall not make payments for fiscal year 2002 after the date of 
enactment of this Act under a production flexibility contract entered 
into under section 111 of that Act (7 U.S.C. 7211) unless requested by 
the producer that is a party to the contract.
    (b) Contract Payments Made Before Enactment.--If a producer receives 
all or any portion of the payment authorized for fiscal year 2002 under 
a production flexibility contract, the Secretary shall reduce the amount 
of the direct payment otherwise due the producer for the 2002 crop year 
under section 1103 by the amount of the fiscal year 2002 payment 
received by the producer under the production flexibility contract.

[[Page 116 STAT. 155]]

SEC. 1108. <<NOTE: 7 USC 7918.>>  PERIOD OF EFFECTIVENESS.

    This subtitle shall be effective beginning with the 2002 crop year 
of each covered commodity through the 2007 crop year.

   Subtitle B--Marketing Assistance Loans and Loan Deficiency Payments

SEC. 1201. <<NOTE: 7 USC 7931.>> AVAILABILITY OF NONRECOURSE MARKETING 
            ASSISTANCE LOANS FOR LOAN COMMODITIES.

    (a) Nonrecourse Loans Available.--
            (1) Availability.--For each of the 2002 through 2007 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 conditions that are prescribed by 
        the Secretary and at the loan rate established under section 
        1202 for the loan commodity.

    (b) Eligible Production.--The producers on a farm shall be eligible 
for a marketing assistance loan under subsection (a) for any quantity of 
a loan commodity produced on the farm.
    (c) Treatment of Certain Commingled Commodities.--In carrying out 
this subtitle, the Secretary shall make loans to producers on a farm 
that would be eligible to obtain a marketing assistance loan, but for 
the fact the loan commodity owned by the producers on the farm 
commingled with loan commodities of other producers in facilities 
unlicensed for the storage of agricultural commodities by the Secretary 
or a State licensing authority, if the producers obtaining the loan 
agree to immediately redeem the loan collateral in accordance with 
section 166 of the Federal Agriculture Improvement and Reform Act of 
1996 (7 U.S.C. 7286).
    (d) Compliance With Conservation and Wetlands Requirements.--As a 
condition of the receipt of a marketing assistance loan under subsection 
(a), the producer shall comply with applicable conservation requirements 
under subtitle B of title XII of the Food Security Act of 1985 (16 
U.S.C. 3811 et seq.) and applicable wetland protection requirements 
under subtitle C of title XII of the Act (16 U.S.C. 3821 et seq.) during 
the term of the loan.
    (e) Termination of Superseded Loan Authority.--Notwithstanding 
section 131 of the Federal Agriculture Improvement and Reform Act of 
1996 (7 U.S.C. 7231), nonrecourse marketing assistance loans shall not 
be made for the 2002 crop of loan commodities under subtitle C of title 
I of such Act.

SEC. 1202. <<NOTE: 7 USC 7932.>> LOAN RATES FOR NONRECOURSE MARKETING 
            ASSISTANCE LOANS.

    (a) 2002 and 2003 Crop Years.--For purposes of the 2002 and 2003 
crop years, the loan rate for a marketing assistance loan under section 
1201 for a loan commodity shall be equal to the following:
            (1) In the case of wheat, $2.80 per bushel.
            (2) In the case of corn, $1.98 per bushel.
            (3) In the case of grain sorghum, $1.98 per bushel.
            (4) In the case of barley, $1.88 per bushel.
            (5) In the case of oats, $1.35 per bushel.
            (6) In the case of upland cotton, $0.52 per pound.

[[Page 116 STAT. 156]]

            (7) In the case of extra long staple cotton, $0.7977 per 
        pound.
            (8) In the case of rice, $6.50 per hundredweight.
            (9) In the case of soybeans, $5.00 per bushel.
            (10) In the case of other oilseeds, $0.0960 per pound.
            (11) In the case of graded wool, $1.00 per pound.
            (12) In the case of nongraded wool, $0.40 per pound.
            (13) In the case of mohair, $4.20 per pound.
            (14) In the case of honey, $0.60 per pound.
            (15) In the case of dry peas, $6.33 per hundredweight.
            (16) In the case of lentils, $11.94 per hundredweight.
            (17) In the case of small chickpeas, $7.56 per 
        hundredweight.

    (b) 2004 Through 2007 crop Years.--For purposes of the 2004 through 
2007 crop years, the loan rate for a marketing assistance loan under 
section 1201 for a loan commodity shall be equal to the following:
            (1) In the case of wheat, $2.75 per bushel.
            (2) In the case of corn, $1.95 per bushel.
            (3) In the case of grain sorghum, $1.95 per bushel.
            (4) In the case of barley, $1.85 per bushel.
            (5) In the case of oats, $1.33 per bushel.
            (6) In the case of upland cotton, $0.52 per pound.
            (7) In the case of extra long staple cotton, $0.7977 per 
        pound.
            (8) In the case of rice, $6.50 per hundredweight.
            (9) In the case of soybeans, $5.00 per bushel.
            (10) In the case of other oilseeds, $0.0930 per pound.
            (11) In the case of graded wool, $1.00 per pound.
            (12) In the case of nongraded wool, $0.40 per pound.
            (13) In the case of mohair, $4.20 per pound.
            (14) In the case of honey, $0.60 per pound.
            (15) In the case of dry peas, $6.22 per hundredweight.
            (16) In the case of lentils, $11.72 per hundredweight.
            (17) In the case of small chickpeas, $7.43 per 
        hundredweight.

SEC. 1203. <<NOTE: 7 USC 7933.>>  TERM OF LOANS.

    (a) Term of Loan.--In the case of each loan commodity, a marketing 
assistance loan under section 1201 shall have a term of 9 months 
beginning on the first day of the first month after the month in which 
the loan is made.

    (b) Extensions Prohibited.--The Secretary may not extend the term of 
a marketing assistance loan for any loan commodity.

SEC. 1204. <<NOTE: 7 USC 7934.>> REPAYMENT OF LOANS.

    (a) General Rule.--The Secretary shall permit the producers on a 
farm to repay a marketing assistance loan under section 1201 for a loan 
commodity (other than upland cotton, rice, and extra long staple cotton) 
at a rate that is the lesser of--
            (1) the loan rate established for the commodity under 
        section 1202, plus interest (determined in accordance with 
        section 163 of the Federal Agriculture Improvement and Reform 
        Act of 1996 (7 U.S.C. 7283)); or
            (2) a rate that the Secretary determines will--
                    (A) minimize potential loan forfeitures;
                    (B) minimize the accumulation of stocks of the 
                commodity by the Federal Government;

[[Page 116 STAT. 157]]

                    (C) minimize the cost incurred by the Federal 
                Government in storing the commodity;
                    (D) allow the commodity produced in the United 
                States to be marketed freely and competitively, both 
                domestically and internationally; and
                    (E) minimize discrepancies in marketing loan 
                benefits across State boundaries and across county 
                boundaries.

    (b) Repayment Rates for Upland Cotton and Rice.--The Secretary shall 
permit producers to repay a marketing assistance loan under section 1201 
for upland cotton and rice at a rate that is the lesser of--
            (1) the loan rate established for the commodity under 
        section 1202, plus interest (determined in accordance with 
        section 163 of the Federal Agriculture Improvement and Reform 
        Act of 1996 (7 U.S.C. 7283)); or
            (2) the prevailing world market price for the commodity 
        (adjusted to United States quality and location), as determined 
        by the Secretary.

    (c) Repayment Rates for Extra Long Staple Cotton.--Repayment of a 
marketing assistance loan for extra long staple cotton shall be at the 
loan rate established for the commodity under section 1202, plus 
interest (determined in accordance with section 163 of the Federal 
Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7283)).

    (d) Prevailing World Market <<NOTE: Regulations.>>  Price.--For 
purposes of this section and section 1207, the Secretary shall prescribe 
by regulation--
            (1) a formula to determine the prevailing world market price 
        for upland cotton and rice, adjusted to United States quality 
        and location; and
            (2) a mechanism by which the Secretary shall announce 
        periodically the prevailing world market price for upland cotton 
        and rice.

    (e) Adjustment of Prevailing World Market Price for Upland Cotton.--
            (1) In general.--During the period beginning on the date of 
        the enactment of this Act through July 31, 2008, the prevailing 
        world market price for upland cotton (adjusted to United States 
        quality and location) established under subsection (d) shall be 
        further adjusted if--
                    (A) the adjusted prevailing world market price is 
                less than 115 percent of the loan rate for upland cotton 
                established under section 1202, as determined by the 
                Secretary; and
                    (B) the Friday through Thursday average price 
                quotation for the lowest-priced United States growth as 
                quoted for Middling (M) 1\3/32\-inch cotton delivered 
                C.I.F. Northern Europe is greater than the Friday 
                through Thursday average price of the 5 lowest-priced 
                growths of upland cotton, as quoted for Middling (M) 
                1\3/32\-inch cotton, delivered C.I.F. Northern Europe 
                (referred to in this section as the ``Northern Europe 
                price'').
            (2) Further adjustment.--Except as provided in paragraph 
        (3), the adjusted prevailing world market price for upland 
        cotton shall be further adjusted on the basis of some or all of 
        the following data, as available:
                    (A) The United States share of world exports.

[[Page 116 STAT. 158]]

                    (B) The current level of cotton export sales and 
                cotton export shipments.
                    (C) Other data determined by the Secretary to be 
                relevant in establishing an accurate prevailing world 
                market price for upland cotton (adjusted to United 
                States quality and location).
            (3) Limitation on further adjustment.--The adjustment under 
        paragraph (2) may not exceed the difference between--
                    (A) the Friday through Thursday average price for 
                the lowest-priced United States growth as quoted for 
                Middling 1\3/32\-inch cotton delivered C.I.F. Northern 
                Europe; and
                    (B) the Northern Europe price.

    (f) Good Faith Exception to Beneficial Interest Requirement.--For 
the 2001 crop year only, in the case of the producers on a farm that 
marketed or otherwise lost beneficial interest in a loan commodity for 
which a marketing assistance loan was made under section 131 of the 
Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7231) 
before repaying the loan, the Secretary shall permit the producers to 
repay the loan at the appropriate repayment rate that was in effect for 
the loan commodity under section 134 of that Act (7 U.S.C. 7234) on the 
date that the producers lost beneficial interest, as determined by the 
Secretary, if the Secretary determines the producers acted in good 
faith.

SEC. 1205. <<NOTE: 7 USC 7935.>>  LOAN DEFICIENCY PAYMENTS.

    (a) Availability of Loan Deficiency Payments.--
            (1) In general.--Except as provided in subsection (d), the 
        Secretary may make loan deficiency payments available to 
        producers on a farm that, although eligible to obtain a 
        marketing assistance loan under section 1201 with respect to a 
        loan commodity, agree to forgo obtaining the loan for the 
        commodity in return for loan deficiency payments under this 
        section.
            (2) Unshorn pelts, hay, and silage.--Nongraded wool in the 
        form of unshorn pelts and hay and silage derived from a loan 
        commodity are not eligible for a marketing assistance loan under 
        section 1201. However, effective for the 2002 through 2007 crop 
        years, the Secretary may make loan deficiency payments available 
        under this section to producers on a farm that produce unshorn 
        pelts or hay and silage derived from a loan commodity.

    (b) Computation.--A loan deficiency payment for a loan commodity or 
commodity referred to in subsection (a)(2) shall be computed by 
multiplying--
            (1) the payment rate determined under subsection (c) for the 
        commodity; by
            (2) the quantity of the commodity produced by the eligible 
        producers, excluding any quantity for which the producers obtain 
        a marketing assistance loan under section 1201.

    (c) Payment Rate.--
            (1) In general.--In the case of a loan commodity, the 
        payment rate shall be the amount by which--
                    (A) the loan rate established under section 1202 for 
                the loan commodity; exceeds
                    (B) the rate at which a marketing assistance loan 
                for the loan commodity may be repaid under section 1204.

[[Page 116 STAT. 159]]

            (2) Unshorn pelts.--In the case of unshorn pelts, the 
        payment rate shall be the amount by which--
                    (A) the loan rate established under section 1202 for 
                ungraded wool; exceeds
                    (B) the rate at which a marketing assistance loan 
                for ungraded wool may be repaid under section 1204.
            (3) hay and silage.--In the case of hay or silage derived 
        from a loan commodity, the payment rate shall be the amount by 
        which--
                    (A) the loan rate established under section 1202 for 
                the loan commodity from which the hay or silage is 
                derived; exceeds
                    (B) the rate at which a marketing assistance loan 
                for the loan commodity may be repaid under section 1204.

    (d) Exception for Extra Long Staple Cotton.--This section shall not 
apply with respect to extra long staple cotton.
    (e) Effective Date for Payment Rate Determination.--The Secretary 
shall determine the amount of the loan deficiency payment to be made 
under this section to the producers on a farm with respect to a quantity 
of a loan commodity or commodity referred to in subsection (a)(2) using 
the payment rate in effect under subsection (c) as of the date the 
producers request the payment.
    (f) Special Loan Deficiency Payment Rules.--
            (1) First-time loan commodities.--For the 2002 crop of wool, 
        mohair, honey, dry peas, lentils and small chickpeas, in the 
        case of producers of such a crop that would be eligible for a 
        loan deficiency payment under this section except for the fact 
        that the producers lost beneficial interest in the crop prior to 
        the date of publication of the regulations implementing this 
        section, the producers shall be eligible for a loan deficiency 
        payment as of the date producers marketed or otherwise lost 
        beneficial interest in the crop, as determined by the Secretary.
            (2) 2001 crop year.--Section 135 of the Federal Agriculture 
        Improvement and Reform Act of 1996 (7 U.S.C. 7235) is amended--
                    (A) in subsection (a)(2), by striking ``2000 crop 
                year'' and inserting ``2000 and 2001 crop years''; and
                    (B) by adding at the end the following:

    ``(g) Effective Date for Payment Rate Determination.--For the 2001 
crop year, the Secretary shall determine the amount of the loan 
deficiency payment to be made under this section to the producers on a 
farm with respect to a quantity of a loan commodity using the payment 
rate in effect under subsection (c) as of the earlier of the following:
            ``(1) The date on which the producers marketed or otherwise 
        lost beneficial interest in the crop of the loan commodity, as 
        determined by the Secretary.
            ``(2) The date the producers requested the payment.''.

SEC. 1206. <<NOTE: 7 USC 7936.>>  PAYMENTS IN LIEU OF LOAN DEFICIENCY 
            PAYMENTS FOR GRAZED ACREAGE.

    (a) Eligible Producers.--
            (1) In general.--Effective for the 2002 through 2007 crop 
        years, in the case of a producer that would be eligible for a 
        loan deficiency payment under section 1205 for wheat, barley, or 
        oats, but that elects to use acreage planted to the wheat,

[[Page 116 STAT. 160]]

        barley, or oats for the grazing of livestock, the Secretary 
        shall make a payment to the producer under this section if the 
        producer enters into an agreement with the Secretary to forgo 
        any other harvesting of the wheat, barley, or oats on that 
        acreage.
            (2) Grazing of triticale acreage.--Effective for the 2002 
        through 2007 crop years, with respect to a producer on a farm 
        that uses acreage planted to triticale for the grazing of 
        livestock, the Secretary shall make a payment to the producer 
        under this section if the producer enters into an agreement with 
        the Secretary to forgo any other harvesting of triticale on that 
        acreage.

    (b) Payment Amount.--
            (1) In general.--The amount of a payment made under this 
        section to a producer on a farm described in subsection (a)(1) 
        shall be equal to the amount determined by multiplying--
                    (A) the loan deficiency payment rate determined 
                under section 1205(c) in effect, as of the date of the 
                agreement, for the county in which the farm is located; 
                by
                    (B) the payment quantity determined by multiplying--
                          (i) the quantity of the grazed acreage on the 
                      farm with respect to which the producer elects to 
                      forgo harvesting of wheat, barley, or oats; and
                          (ii) the payment yield in effect for the 
                      calculation of direct payments under subtitle A 
                      with respect to that loan commodity on the farm 
                      or, in the case of a farm without a payment yield 
                      for that loan commodity, an appropriate yield 
                      established by the Secretary in a manner 
                      consistent with section 1102(c).
            (2) Grazing of triticale acreage.--The amount of a payment 
        made under this section to a producer on a farm described in 
        subsection (a)(2) shall be equal to the amount determined by 
        multiplying--
                    (A) the loan deficiency payment rate determined 
                under section 1205(c) in effect for wheat, as of the 
                date of the agreement, for the county in which the farm 
                is located; by
                    (B) the payment quantity determined by multiplying--
                          (i) the quantity of the grazed acreage on the 
                      farm with respect to which the producer elects to 
                      forgo harvesting of triticale; and
                          (ii) the payment yield in effect for the 
                      calculation of direct payments under subtitle A 
                      with respect to wheat on the farm or, in the case 
                      of a farm without a payment yield for wheat, an 
                      appropriate yield established by the Secretary in 
                      a manner consistent with section 1102(c).

    (c) Time, Manner, and Availability of Payment.--
            (1) Time and manner.--A payment under this section shall be 
        made at the same time and in the same manner as loan deficiency 
        payments are made under section 1205.
            (2) Availability.--The Secretary shall establish an 
        availability period for the payments authorized by this section. 
        In the case of wheat, barley, and oats, the availability period 
        shall be consistent with the availability period for the 
        commodity established by the Secretary for marketing assistance 
        loans authorized by this subtitle.

[[Page 116 STAT. 161]]

    (d) Prohibition on Crop Insurance Indemnity or Noninsured Crop 
Assistance.--A 2002 through 2007 crop of wheat, barley, oats, or 
triticale planted on acreage that a producer elects, in the agreement 
required by subsection (a), to use for the grazing of livestock in lieu 
of any other harvesting of the crop shall not be eligible for an 
indemnity under the Federal Crop Insurance Act (7 U.S.C. 1501 et seq.) 
or noninsured crop assistance under section 196 of the Federal 
Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7333).

SEC. 1207. <<NOTE: 7 USC 7937.>>  SPECIAL MARKETING LOAN PROVISIONS FOR 
            UPLAND COTTON.

    (a) Cotton User Marketing Certificates.--
            (1) Issuance.--During the period beginning on the date of 
        the enactment of this Act through July 31, 2008, the Secretary 
        shall issue marketing certificates or cash payments, at the 
        option of the recipient, to domestic users and exporters for 
        documented purchases by domestic users and sales for export by 
        exporters made in the week following a consecutive 4-week period 
        in which--
                    (A) the Friday through Thursday average price 
                quotation for the lowest-priced United States growth, as 
                quoted for Middling (M) 1\3/32\-inch cotton, delivered 
                C.I.F. Northern Europe exceeds the Northern Europe price 
                by more than 1.25 cents per pound; and
                    (B) the prevailing world market price for upland 
                cotton (adjusted to United States quality and location) 
                does not exceed 134 percent of the loan rate for upland 
                cotton established under section 1202.
            (2) Value of certificates or payments.--The value of the 
        marketing certificates or cash payments shall be based on the 
        amount of the difference (reduced by 1.25 cents per pound) in 
        the prices during the fourth week of the consecutive 4-week 
        period multiplied by the quantity of upland cotton included in 
        the documented sales.
            (3) Administration of marketing certificates.--
                    (A) Redemption, marketing, or exchange.--The 
                Secretary shall establish procedures for redeeming 
                marketing certificates for cash or marketing or exchange 
                of the certificates for agricultural commodities owned 
                by the Commodity Credit Corporation or pledged to the 
                Commodity Credit Corporation as collateral for a loan in 
                such manner, and at such price levels, as the Secretary 
                determines will best effectuate the purposes of cotton 
                user marketing certificates, including enhancing the 
                competitiveness and marketability of United States 
                cotton. Any price restrictions that would otherwise 
                apply to the disposition of agricultural commodities by 
                the Commodity Credit Corporation shall not apply to the 
                redemption of certificates under this subsection.
                    (B) Designation of commodities and products.--To the 
                extent practicable, the Secretary shall permit owners of 
                certificates to designate the commodities and products, 
                including storage sites, the owners would prefer to 
                receive in exchange for certificates
                    (C) Transfers.--Marketing certificates issued to 
                domestic users and exporters of upland cotton may be

[[Page 116 STAT. 162]]

                transferred to other persons in accordance with 
                regulations issued by the Secretary.
            (4) Delayed application of threshold.--Through July 31, 
        2006, the Secretary shall make the calculations under paragraphs 
        (1)(A) and (2) without regard to the 1.25 cent threshold 
        provided under those paragraphs.

    (b) Special Import Quota.--
            (1) Establishment.--
                    (A) In general.--The President shall carry out an 
                import quota program during the period beginning on the 
                date of the enactment of this Act through July 31, 2008, 
                as provided in this subsection.
                    (B) Program requirements.--Except as provided in 
                subparagraph (C), whenever the Secretary determines and 
                announces that for any consecutive 4-week period, the 
                Friday through Thursday average price quotation for the 
                lowest-priced United States growth, as quoted for 
                Middling (M) 1\3/32\-inch cotton, delivered C.I.F. 
                Northern Europe, adjusted for the value of any 
                certificate issued under subsection (a), exceeds the 
                Northern Europe price by more than 1.25 cents per pound, 
                there shall immediately be in effect a special import 
                quota.
                    (C) Tight domestic supply.--During any month for 
                which the Secretary estimates the season-ending United 
                States upland cotton stocks-to-use ratio, as determined 
                under subparagraph (D), to be below 16 percent, the 
                Secretary, in making the determination under 
                subparagraph (B), shall not adjust the Friday through 
                Thursday average price quotation for the lowest-priced 
                United States growth, as quoted for Middling (M) 1\3/
                32\-inch cotton, delivered C.I.F. Northern Europe, for 
                the value of any certificates issued under subsection 
                (a).
                    (D) Season-ending united states stocks-to-use 
                ratio.--For the purposes of making estimates under 
                subparagraph (C), the Secretary shall, on a monthly 
                basis, estimate and report the season-ending United 
                States upland cotton stocks-to-use ratio, excluding 
                projected raw cotton imports but including the quantity 
                of raw cotton that has been imported into the United 
                States during the marketing year.
                    (E) Delayed application of threshold.--Through July 
                31, 2006, the Secretary shall make the calculation under 
                subparagraph (B) without regard to the 1.25 cent 
                threshold provided under that subparagraph.
            (2) Quantity.--The quota shall be equal to one week's 
        consumption of upland cotton by domestic mills at the seasonally 
        adjusted average rate of the most recent three months for which 
        data are available.
            (3) Application.--The <<NOTE: Deadlines.>> quota shall apply 
        to upland cotton purchased not later than 90 days after the date 
        of the Secretary's announcement under paragraph (1) and entered 
        into the United States not later than 180 days after the date.
            (4) Overlap.--A special quota period may be established that 
        overlaps any existing quota period if required by paragraph (1), 
        except that a special quota period may not be established under 
        this subsection if a quota period has been established under 
        subsection (c).

[[Page 116 STAT. 163]]

            (5) Preferential tariff treatment.--The quantity under a 
        special import quota shall be considered to be an in-quota 
        quantity for purposes of--
                    (A) section 213(d) of the Caribbean Basin Economic 
                Recovery Act (19 U.S.C. 2703(d));
                    (B) section 204 of the Andean Trade Preference Act 
                (19 U.S.C. 3203);
                    (C) section 503(d) of the Trade Act of 1974 (19 
                U.S.C. 2463(d)); and
                    (D) General Note 3(a)(iv) to the Harmonized Tariff 
                Schedule.
            (6) Definition.--In this subsection, the term ``special 
        import quota'' means a quantity of imports that is not subject 
        to the over-quota tariff rate of a tariff-rate quota.
            (7) Limitation.--The quantity of cotton entered into the 
        United States during any marketing year under the special import 
        quota established under this subsection may not exceed the 
        equivalent of 5 week's consumption of upland cotton by domestic 
        mills at the seasonally adjusted average rate of the 3 months 
        immediately preceding the first special import quota established 
        in any marketing year.

    (c) Limited Global Import Quota for Upland Cotton.--
            (1) In general.--The President shall carry out an import 
        quota program that provides that whenever the Secretary 
        determines and announces that the average price of the base 
        quality of upland cotton, as determined by the Secretary, in the 
        designated spot markets for a month exceeded 130 percent of the 
        average price of such quality of cotton in the markets for the 
        preceding 36 months, notwithstanding any other provision of law, 
        there shall immediately be in effect a limited global import 
        quota subject to the following conditions:
                    (A) Quantity.--The quantity of the quota shall be 
                equal to 21 days of domestic mill consumption of upland 
                cotton at the seasonally adjusted average rate of the 
                most recent 3 months for which data are available.
                    (B) Quantity if prior quota.--If a quota has been 
                established under this subsection during the preceding 
                12 months, the quantity of the quota next established 
                under this subsection shall be the smaller of 21 days of 
                domestic mill consumption calculated under subparagraph 
                (A) or the quantity required to increase the supply to 
                130 percent of the demand.
                    (C) Preferential tariff treatment.--The quantity 
                under a limited global import quota shall be considered 
                to be an in-quota quantity for purposes of--
                          (i) section 213(d) of the Caribbean Basin 
                      Economic Recovery Act (19 U.S.C. 2703(d));
                          (ii) section 204 of the Andean Trade 
                      Preference Act (19 U.S.C. 3203);
                          (iii) section 503(d) of the Trade Act of 1974 
                      (19 U.S.C. 2463(d)); and
                          (iv) General Note 3(a)(iv) to the Harmonized 
                      Tariff Schedule.
                    (D) Definitions.--In this subsection:
                          (i) Supply.--The term ``supply'' means, using 
                      the latest official data of the Bureau of the 
                      Census, the

[[Page 116 STAT. 164]]

                      Department of Agriculture, and the Department of 
                      the Treasury--
                                    (I) the carry-over of upland cotton 
                                at the beginning of the marketing year 
                                (adjusted to 480-pound bales) in which 
                                the quota is established;
                                    (II) production of the current crop; 
                                and
                                    (III) imports to the latest date 
                                available during the marketing year.
                          (ii) Demand.--The term ``demand'' means--
                                    (I) the average seasonally adjusted 
                                annual rate of domestic mill consumption 
                                during the most recent 3 months for 
                                which data are available; and
                                    (II) the larger of--
                                            (aa) average exports of 
                                        upland cotton during the 
                                        preceding 6 marketing years; or
                                            (bb) cumulative exports of 
                                        upland cotton plus outstanding 
                                        export sales for the marketing 
                                        year in which the quota is 
                                        established.
                          (iii) Limited global import quota.--The term 
                      ``limited global import quota'' means a quantity 
                      of imports that is not subject to the over-quota 
                      tariff rate of a tariff-rate quota.
                    (E) Quota entry period.--When a quota is established 
                under this subsection, cotton may be entered under the 
                quota during the 90-day period beginning on the date the 
                quota is established by the Secretary.
            (2) No overlap.--Notwithstanding paragraph (1), a quota 
        period may not be established that overlaps an existing quota 
        period or a special quota period established under subsection 
        (b).

SEC. 1208. <<NOTE: 7 USC 7938.>>  SPECIAL COMPETITIVE PROVISIONS FOR 
            EXTRA LONG STAPLE COTTON.

    (a) Competitiveness Program.--Notwithstanding any other provision of 
law, during the period beginning on the date of the enactment of this 
Act through July 31, 2008, the Secretary shall carry out a program--
            (1) to maintain and expand the domestic use of extra long 
        staple cotton produced in the United States;
            (2) to increase exports of extra long staple cotton produced 
        in the United States; and
            (3) to ensure that extra long staple cotton produced in the 
        United States remains competitive in world markets.

    (b) Payments Under Program; Trigger.--Under the program, the 
Secretary shall make payments available under this section whenever--
            (1) for a consecutive 4-week period, the world market price 
        for the lowest priced competing growth of extra long staple 
        cotton (adjusted to United States quality and location and for 
        other factors affecting the competitiveness of such cotton), as 
        determined by the Secretary, is below the prevailing United 
        States price for a competing growth of extra long staple cotton; 
        and
            (2) the lowest priced competing growth of extra long staple 
        cotton (adjusted to United States quality and location and for 
        other factors affecting the competitiveness of such cotton),

[[Page 116 STAT. 165]]

        as determined by the Secretary, is less than 134 percent of the 
        loan rate for extra long staple cotton.

    (c) Eligible Recipients.--The Secretary shall make payments 
available under this section to domestic users of extra long staple 
cotton produced in the United States and exporters of extra long staple 
cotton produced in the United States that enter into an agreement with 
the Commodity Credit Corporation to participate in the program under 
this section.
    (d) Payment Amount.--Payments under this section shall be based on 
the amount of the difference in the prices referred to in subsection 
(b)(1) during the fourth week of the consecutive 4-week period 
multiplied by the amount of documented purchases by domestic users and 
sales for export by exporters made in the week following such a 
consecutive 4-week period.
    (e) Form of Payment.--Payments under this section shall be made 
through the issuance of cash or marketing certificates, at the option of 
eligible recipients of the payments.

SEC. 1209. <<NOTE: 7 USC 7939.>>  AVAILABILITY OF RECOURSE LOANS FOR 
            HIGH MOISTURE FEED GRAINS AND SEED COTTON.

    (a) High Moisture Feed Grains.--
            (1) Recourse loans available.--For each of the 2002 through 
        2007 crops of corn and grain sorghum, the Secretary shall make 
        available recourse loans, as determined by the Secretary, to 
        producers on a farm that--
                    (A) normally harvest all or a portion of their crop 
                of corn or grain sorghum in a high moisture state;
                    (B) present--
                          (i) certified scale tickets from an inspected, 
                      certified commercial scale, including a licensed 
                      warehouse, feedlot, feed mill, distillery, or 
                      other similar entity approved by the Secretary, 
                      pursuant to regulations issued by the Secretary; 
                      or
                          (ii) field or other physical measurements of 
                      the standing or stored crop in regions of the 
                      United States, as determined by the Secretary, 
                      that do not have certified commercial scales from 
                      which certified scale tickets may be obtained 
                      within reasonable proximity of harvest operation;
                    (C) certify that they were the owners of the feed 
                grain at the time of delivery to, and that the quantity 
                to be placed under loan under this subsection was in 
                fact harvested on the farm and delivered to, a feedlot, 
                feed mill, or commercial or on-farm high-moisture 
                storage facility, or to a facility maintained by the 
                users of corn and grain sorghum in a high moisture 
                state; and
                    (D) comply with deadlines established by the 
                Secretary for harvesting the corn or grain sorghum and 
                submit applications for loans under this subsection 
                within deadlines established by the Secretary.
            (2) Eligibility of acquired feed grains.--A loan under this 
        subsection shall be made on a quantity of corn or grain sorghum 
        of the same crop acquired by the producer equivalent to a 
        quantity determined by multiplying--
                    (A) the acreage of the corn or grain sorghum in a 
                high moisture state harvested on the producer's farm; by

[[Page 116 STAT. 166]]

                    (B) the lower of the farm program payment yield used 
                to make counter-cyclical payments under subtitle A or 
                the actual yield on a field, as determined by the 
                Secretary, that is similar to the field from which the 
                corn or grain sorghum was obtained.
            (3) High moisture state defined.--In this subsection, the 
        term ``high moisture state'' means corn or grain sorghum having 
        a moisture content in excess of Commodity Credit Corporation 
        standards for marketing assistance loans made by the Secretary 
        under section 1201.

    (b) Recourse Loans Available for Seed Cotton.--For each of the 2002 
through 2007 crops of upland cotton and extra long staple cotton, the 
Secretary shall make available recourse seed cotton loans, as determined 
by the Secretary, on any production.
    (c) Repayment Rates.--Repayment of a recourse loan made under this 
section shall be at the loan rate established for the commodity by the 
Secretary, plus interest (determined in accordance with section 163 of 
the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 
7283)).
    (d) Termination of Superseded Loan Authority.--Notwithstanding 
section 137 of the Federal Agriculture Improvement and Reform Act of 
1996 (7 U.S.C. 7237), recourse loans shall not be made for the 2002 crop 
of corn, grain sorghum, and seed cotton under such section.

                           Subtitle C--Peanuts

SEC. 1301. <<NOTE: 7 USC 7951.>>  DEFINITIONS.

    In this subtitle:
            (1) Base acres for peanuts.--The term ``base acres for 
        peanuts'' means the number of acres assigned to a farm by 
        historic peanut producers pursuant to section 1302(b).
            (2) Counter-cyclical payment.--The term ``counter-cyclical 
        payment'' means a payment made under section 1304.
            (3) Effective price.--The term ``effective price'' means the 
        price calculated by the Secretary under section 1304 for peanuts 
        to determine whether counter-cyclical payments are required to 
        be made under that section for a crop year.
            (4) Direct payment.--The term ``direct payment'' means a 
        payment made under section 1303.
            (5) Historic peanut producer.--The term ``historic peanut 
        producer'' means a producer on a farm in the United States that 
        produced or was prevented from planting peanuts during any or 
        all of the 1998 through 2001 crop years.
            (6) Payment acres.--The term ``payment acres'' means--
                    (A) for the 2002 crop of peanuts, 85 percent of the 
                average acreage determined under section 1302(a)(2) for 
                an historic peanut producer; and
                    (B) for the 2003 through 2007 crops of peanuts, 85 
                percent of the base acres for peanuts assigned to a farm 
                under section 1302(b).
            (7) Payment yield.--The term ``payment yield'' means the 
        yield assigned to a farm by historic peanut producers pursuant 
        to section 1302(b).
            (8) Producer.--The term ``producer'' means an owner, 
        operator, landlord, tenant, or sharecropper that shares in the

[[Page 116 STAT. 167]]

        risk of producing a crop on a farm and is entitled to share in 
        the crop available for marketing from the farm, or would have 
        shared had the crop been produced. In determining whether a 
        grower of hybrid seed is a producer, the Secretary shall not 
        take into consideration the existence of a hybrid seed contract 
        and shall ensure that program requirements do not adversely 
        affect the ability of the grower to receive a payment under this 
        subtitle.
            (9) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.
            (10) State.--The term ``State'' means each of the several 
        States of the United States, the District of Columbia, the 
        Commonwealth of Puerto Rico, and any other territory or 
        possession of the United States.
            (11) Target price.--The term ``target price'' means the 
        price per ton of peanuts used to determine the payment rate for 
        counter-cyclical payments.
            (12) United states.--The term ``United States'', when used 
        in a geographical sense, means all of the States.

SEC. 1302. <<NOTE: 7 USC 7952.>>  ESTABLISHMENT OF PAYMENT YIELD AND 
            BASE ACRES FOR PEANUTS FOR A FARM.

    (a) Average Yield and Acreage Average for Historic Peanut 
Producers.--
            (1) Determination of average yield.--
                    (A) In general.--The Secretary shall determine, for 
                each historic peanut producer, the average yield for 
                peanuts on each farm on which the historic peanut 
                producer planted peanuts for harvest for the 1998 
                through 2001 crop years, excluding any crop year in 
                which the producer did not plant or was prevented from 
                planting peanuts.
                    (B) Assigned yields.--For the purposes of 
                determining the 4-year average yield for an historic 
                peanut producer under this paragraph, the historic 
                peanut producer may elect to substitute for a farm, for 
                not more than 3 of the 1998 through 2001 crop years in 
                which the producer planted peanuts on the farm, the 
                average yield for peanuts produced in the county in 
                which the farm is located for the 1990 through 1997 crop 
                years.
            (2) Determination of acreage average.--
                    (A) In general.--The Secretary shall determine, for 
                each historic peanut producer, the 4-year average of the 
                following:
                          (i) Acreage planted to peanuts on each farm on 
                      which the historic peanut producer planted peanuts 
                      for harvest for the 1998 through 2001 crop years.
                          (ii) Any acreage on each farm that the 
                      historic peanut producer was prevented from 
                      planting to peanuts during the 1998 through 2001 
                      crop years because of drought, flood, or other 
                      natural disaster, or other condition beyond the 
                      control of the historic peanut producer, as 
                      determined by the Secretary.
                    (B) Inclusion of all 4 years in average.--For the 
                purposes of determining the 4-year acreage average for 
                an historic peanut producer under this paragraph, the 
                Secretary shall not exclude any crop year in which the 
                producer did not plant peanuts.

[[Page 116 STAT. 168]]

                    (C) Proportional shares.--If more than 1 historic 
                peanut producer shared in the risk of producing the crop 
                on a farm, the historic peanut producers shall receive 
                their proportional share of the number of acres planted 
                (or prevented from being planted) to peanuts for harvest 
                on the farm based on the sharing arrangement that was in 
                effect among the producers for the crop.
            (3) Time for determinations.--The Secretary shall make the 
        determinations required by this subsection as soon as 
        practicable after the date of enactment of this Act.
            (4) Special considerations.--In making the determinations 
        required by this subsection, the Secretary shall take into 
        account changes in the number, identity, or interest of 
        producers sharing in the risk of producing a peanut crop since 
        the 1998 crop year, including providing a method for the 
        assignment of average acres and average yield to a farm--
                    (A) when an historic peanut producer is no longer 
                living;
                    (B) when an entity composed of historic peanut 
                producers has been dissolved; or
                    (C) in other appropriate situations, as determined 
                by the Secretary.

    (b) Assignment of Average Yields and Average Acreage to Farms.--
            (1) Assignment by historic peanut producers.--The Secretary 
        shall give each historic peanut producer an opportunity to 
        assign the average peanut yield and average acreage determined 
        under subsection (a) for each farm of the historic peanut 
        producer to cropland on that farm or another farm in the same 
        State or a contiguous State.
            (2) Limitation on acreage assignment.--Notwithstanding 
        paragraph (1), the average acreage determined under subsection 
        (a)(2) for a farm may not be assigned to a farm in a contiguous 
        State unless--
                    (A) the historic peanut producer making the 
                assignment produced peanuts in that State during at 
                least 1 of the 1998 through 2001 crop years; or
                    (B) as of March 31, 2003, the historic peanut 
                producer is a producer on a farm in that State.
            (3) Notice of assignment opportunity.--The Secretary shall 
        provide notice to historic peanut producers regarding their 
        opportunity to assign average peanut yields and average acreages 
        to farms under paragraph (1). The notice shall include the 
        following:
                    (A) Notice that the opportunity to make the 
                assignments is being provided only once.
                    (B) A description of the limitation in paragraph (2) 
                on their ability to make the assignments.
                    (C) Information regarding the manner in which the 
                assignments must be made and the time periods and manner 
                in which notice of the assignments must be submitted to 
                the Secretary.
            (4) Assignment deadlines.--Not later than March 31, 2003, an 
        historic peanut producer shall submit to the Secretary notice of 
        the assignments made by the producer under this subsection. If 
        an historic peanut producer fails to submit the

[[Page 116 STAT. 169]]

        notice by that date, the notice shall be submitted in such other 
        manner as the Secretary may prescribe.

    (c) Payment Yield.--The average of all of the yields assigned by 
historic peanut producers under subsection (b) to a farm shall be 
considered to be the payment yield for that farm for the purpose of 
making direct payments and counter-cyclical payments under this 
subtitle.
    (d) Base Acres for Peanuts.--Subject to subsection (e), the total 
number of acres assigned by historic peanut producers under subsection 
(b) to a farm shall be considered to be the farm's base acres for 
peanuts for the purpose of making direct payments and counter-cyclical 
payments under this subtitle.

    (e) Treatment of Conservation Reserve Contract Acreage.--
            (1) In general.--The Secretary shall provide for an 
        adjustment, as appropriate, in the base acres for peanuts for a 
        farm whenever either of the following circumstances occur:
                    (A) A conservation reserve contract entered into 
                under section 1231 of the Food Security Act of 1985 (16 
                U.S.C. 3831) with respect to the farm expires or is 
                voluntarily terminated.
                    (B) Cropland is released from coverage under a 
                conservation reserve contract by the Secretary.
            (2) Special payment rules.--For the crop year in which a 
        base acres for peanuts adjustment under paragraph (1) is first 
        made, the owner of the farm shall elect to receive either direct 
        payments and counter-cyclical payments with respect to the 
        acreage added to the farm under this subsection or a prorated 
        payment under the conservation reserve contract, but not both.

    (f) Prevention of Excess Base Acres for Peanuts.--
            (1) Required reduction.--If the sum of the base acres for 
        peanuts for a farm, together with the acreage described in 
        paragraph (2), exceeds the actual cropland acreage of the farm, 
        the Secretary shall reduce the base acres for peanuts for the 
        farm or the base acres for 1 or more covered commodities under 
        subtitle A for the farm so that the sum of the base acres for 
        peanuts and acreage described in paragraph (2) does not exceed 
        the actual cropland acreage of the farm.
            (2) Other acreage.--For purposes of paragraph (1), the 
        Secretary shall include the following:
                    (A) Any base acres for the farm under subtitle A.
                    (B) Any acreage on the farm enrolled in the 
                conservation reserve program or wetlands reserve program 
                under chapter 1 of subtitle D of title XII of the Food 
                Security Act of 1985 (16 U.S.C. 3830 et seq.).
                    (C) Any other acreage on the farm enrolled in a 
                conservation program for which payments are made in 
                exchange for not producing an agricultural commodity on 
                the acreage.
            (3) Selection of acres.--The Secretary shall give the owner 
        of the farm the opportunity to select the base acres for peanuts 
        or the subtitle A base acres against which the reduction 
        required by paragraph (1) will be made.
            (4) Exception for double-cropped acreage.--In applying 
        paragraph (1), the Secretary shall make an exception in the case 
        of double cropping, as determined by the Secretary.

[[Page 116 STAT. 170]]

            (5) Coordinated application of requirements.--The Secretary 
        shall take into account section 1101(g) when applying the 
        requirements of this subsection.

    (g) Permanent Reduction in Base Acres for Peanuts.--The owner of a 
farm may reduce, at any time, the base acres for peanuts assigned to the 
farm. The reduction shall be permanent and made in the manner prescribed 
by the Secretary.

SEC. 1303. <<NOTE: 7 USC 7953.>>  AVAILABILITY OF DIRECT PAYMENTS FOR 
            PEANUTS.

    (a) Payment Required.--
            (1) 2002 crop year.--For the 2002 crop year, the Secretary 
        shall make direct payments under this section to historic peanut 
        producers.
            (2) Subsequent crop years.--For each of the 2003 through 
        2007 crop years for peanuts, the Secretary shall make direct 
        payments to the producers on a farm to which a payment yield and 
        base acres for peanuts are assigned under section 1302.

    (b) Payment Rate.--The payment rate used to make direct payments 
with respect to peanuts for a crop year shall be equal to $36 per ton.
    (c) Payment Amount for 2002 Crop Year.--The amount of the direct 
payment to be paid to an historic peanut producer for the 2002 crop of 
peanuts shall be equal to the product of the following:
            (1) The payment rate specified in subsection (b).
            (2) The payment acres of the historic peanut producer.
            (3) The average peanut yield determined under