Page:United States Statutes at Large Volume 112 Part 2.djvu/632

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

112 STAT. 1516 PUBLIC LAW 105-228—AUG. 12, 1998 Public Law 105-228 105th Congress An Act A 19 1QQR '^^ amend the Agricultural Market Transition Act to provide for the advance pay- —^—' ment, in full, of the fiscal year 1999 payments otherwise required under production IS. 2344] flexibility contracts. Be it eruicted by the Senate and House of Representatives of Emergency Farm the United States of America in Congress assembled, Financial Relief _ Act. SECTION 1. SHORT TITLE. 7 USC 7201 note. - j-j^jg ^^^ j^^^y ^yQ cited as the "Emergency Farm Financial Relief Act". SEC. 2. SPECIAL RULE FOR FISCAL YEAR 1999 PAYMENT UNDER PRODUCTION FLEXIBILITY CONTRACTS.. Section 112(d) of the Agricultural Market Transition Act (7 U.S.C. 7212(d)) is amended by adding at the end the following: "(3) SPECIAL RULE FOR FISCAL YEAR 1999.—Notwithstanding the requirements for making an annual contract payment specified in paragraphs (1) and (2), at the option of the owner or producer, the Secretary shall pay the full amount (or such poition as ihe owner or producer may specify) of the contract pa3ntnent required to be paid for fiscal year 1999 at such time or times during that fiscal year as tihe owner or producer may specify. ". Approved August 12, 1998. LEGISLATIVE HISTORY—S. 2344: CONGRESSIONAL RECORD, Vol. 144 (1998): July 30, considered and passed Senate. Aug. 3, considered and passed House. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 34 (1998): Aug. 12, Presidential statement.