116 STAT. 134 PUBLIC LAW 107-171—MAY 13, 2002 Public Law 107-171 107th Congress May 13, 2002 [H.R. 2646] Farm Security and Rural Investment Act of 2002. 7 USC 7901 note. An Act To provide for the continuation of agricultural programs through fiscal year 2007, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) 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 Establishment of base acres and payment acres for a farm. Establishment of payment yield. Availability of direct payments. Availability of counter-cyclical payments. Producer agreement required as condition of provision of direct payments and counter-cyclical payments. Planting flexibility. Relation to remaining payment authority under production flexibility contracts. Period of effectiveness. Sec. 1101. Sec. 1102. Sec. 1103. Sec. 1104. Sec. 1105. Sec. 1106. Sec. 1107. Sec. 1108. 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.
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