PUBLIC LAW 107-171—MAY 13, 2002 Subtitle C—Miscellaneous 116 STAT. 299 SEC. 3201. SURPLUS COMMODITIES FOR DEVELOPING OR FRIENDLY COUNTRIES. (a) USE OF CURRENCIES. — Section 416(b)(7)(D) of the Agricultural Act of 1949 (7 U.S.C. 1431(b)(7)(D)) is amended— (1) in clauses (i) and (iii), by striking "foreign currency" each place it appears; (2) in clause (ii)— (A) by striking "Foreign currencies" and inserting "Proceeds"; and (B) by striking "foreign currency"; and (3) in clause (iv)— (A) by striking "Foreign currency proceeds" and inserting "Proceeds"; (B) by striking "country of origin" the second place it appears and all that follows through "as necessary to expedite" and inserting "country of origin as necessary to expedite"; (C) by striking "; or" and inserting a period; and (D) by striking subclause (II). (b) IMPLEMENTATION OF AGREEMENTS.— Section 416(b) of the Agricultural Act of 1949 (7 U.S.C. 1431(b)) (as amended by section 3009(b)) is amended— (1) in paragraph (8), by striking "(8)(A)" and all that follows through "(B) The Secretary" and inserting the following: " (8) ADMINISTRATIVE PROVISIONS.— "(A) EXPEDITED PROCEDURES.—To the maximum extent practicable, expedited procedures shall be used in the implementation of this subsection. "(B) ESTIMATE OF COMMODITIES.—The Secretary shall publish in the Federal Register, not later than October 31 of each fiscal year, an estimate of the t5T)es and quantities of commodities and products that will be available under this section for the fiscal year. "(C) FiNALiZATlON OF AGREEMENTS. — The Secretary is encouraged to finalize program agreements under this section not later than December 31 of each fiscal year. "(D) REGULATIONS.— The Secretary"; and (2) by adding at the end the following: "(11) REQUIREMENTS. — "(A) IN GENERAL. —Not later than 270 days after the date of enactment of this subparagraph, the Secretary shall review and, as necessary, make changes in regulations and internal procedures designed to streamline, improve, and clarify the application, approval, and implementation processes pertaining to agreements under this section. "(B) CONSIDERATIONS. — In conducting the review, the Secretary shall consider— "(i) revising procedures for submitting proposals; "(ii) developing criteria for program approval that separately address the objectives of the program; "(iii) pre-screening organizations and proposals to ensure that the minimum qualifications are met; Federal Register, publication. Deadline. Deadline. Deadline.
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