PUBLIC LAW 100-202—DEC. 22, 1987
101 STAT. 1329-336
Whole herd buy out payments (dairy termination program), $218,000,000; Interest payments to the United States Treasury, • $1,468,860,000; Working capital, $1,500,000,000; ' Prior year losses, $1,422,400,000; Other expenses, $5,292,046,000; f Operating expenses, $541,691,000; ' Special activities (wool program), $126,108,000; Support of advisory committees or commissions, including travel or per diem expenses, $560,000: ^ * Provided, That such provisions shall not interfere with the Commodity Credit Corporation's discharge of its corporate responsibilities: Provided further. That not to exceed 7 per centum of the funds made available for any program or activity may be transferred to another program or activity as provided by existing law: Provided further, That notwithstanding any other provision of law, the Commodity Credit Corporation shall pay an interest penalty, determined on the basis of the provisions of the Prompt Payment Act (31 U.S.C. 3901 et seq.), on the amount of all payments and price support loans which the Commodity Credit Corporation is obligated to make if payment is not made by the required payment date. This provision shall be applicable to all such payments for obligations incurred after January 1, 1988. r-
INCREASE IN BORROWING AUTHORITY
Section 4(i) of the Commodity Credit Corporation Charter Act (15 U.S.C. 714b(i)) is amended by striking out "$25,000,000,000" and inserting in lieu thereof "$30,000,000,000". Section 4 of the Act of March 8, 1938 (15 U.S.C. 713a-4) is amended by striking out "$25,000,000,000" and inserting in lieu thereof "$30,000,000,000". SHORT-TERM EXPORT CREDIT
The Commodity Credit Corporation shall make available not less than $5,000,000,000 in credit guarantees under its export credit guarantee program for short-term credit extended to finance the export sales of United States agricultural commodities and the products thereof, as authorized by section 1125(b) of the Food Security Act of 1985 (Public Law 99-198). INTERMEDIATE EXPORT CREDIT
The Commodity Credit Corporation shall make available not less than $500,000,000 in credit guarantees under its export guarantee program for intermediate-term credit extended to finance the export sales of United States agricultural commodities and the products thereof, as authorized by section 1131(3)(B) of the Food Security Act of 1985 (Public Law 99-198). "» Copy read "$560,000;".
Effective date,
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