7-U.S.C.-7283

7-U.S.C.-7283

§7283 – Commodity Credit Corporation Interest Rate

Pathway

Title 7 > Chapter 100 > Subchapter V > Section 7283

Details

  • Reference: Section 7283
  • Legend: §7283 – Commodity Credit Corporation Interest Rate
  • USCode Year: 2013

Provision Content

(a) In general

Notwithstanding any other provision of law, the monthly Commodity Credit Corporation interest rate applicable to loans provided for agricultural commodities by the Corporation shall be 100 basis points greater than the rate determined under the applicable interest rate formula in effect on October 1, 1995.

(b) Sugar

For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under section 7272 of this title shall not be considered an agricultural commodity.

(Pub. L. 104–127, title I, §163, Apr. 4, 1996, 110 Stat. 935; Pub. L. 107–171, title I, §1401(c), May 13, 2002, 116 Stat. 187.)

Amendments

2002—Pub. L. 107–171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

U.S. Encyclopedia of Law Coverage

7-U.S.C.-7282 in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-7282, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

Part A – Dairy in the Legal Encyclopedia: Agricultural Market Transition

In this entry about Part A – Dairy, find legal reference material, bibliographies and premiere content related to agricultural market transition in the American Encyclopedia of Law, presenting a comprehensive view of the United States agricultural market transition-specific issues, written by authorities in the field.

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