Page:United States Statutes at Large Volume 94 Part 2.djvu/1300

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

PUBLIC LAW 96-000—MMMM. DD, 1980

94 STAT. 2578

Appropriation authorization.

PUBLIC LAW 96-494—DEC. 3, 1980

provided under this section shall be subject to a fine of not more than $1,000 or imprisonment for not more than six months, or both, (f) There is authorized to be appropriated to carry out this section $356,000. DEFINITION OF FUEL CONVERSION PRICE

7 USC 4005.

SEC. 212. As used in this title, the phrase "fuel conversion price" means the price for an agricultural commodity determined by the Secretary of Agriculture that will permit gasoline-alcohol mixtures using alcohol produced from the commodity to be competitive in price with unleaded gasoline priced at the point it leaves the refinery, adjusted for differences in octane rating, taking into consideration the energy value of the commodity and other appropriate values designed to represent, on a national average basis, the value of byproducts also recoverable from the commodity; the direct costs and capital recovery costs for a grain alcohol distillery capable of producing forty million gallons of alcohol and recovering byproducts annually; and Federal tax and other Federal incentives applicable to alcohol used for fuel. EFFECTIVE DATE

7 USC 4001 note.

SEC. 213. Except as otherwise provided herein, this title shall become effective October 1, 1980, or the date of enactment, whichever is later.

Food Security Wheat Reserve Act of 1980.

TITLE III—FOOD SECURITY WHEAT RESERVE ACT OF 1980

7 USC 1736f-l note.

SEC. 301. This title may be cited as the "Food Security Wheat Reserve Act of 1980".

SHORT TITLE

FOOD SECURITY WHEAT RESERVE 7 USC 1736f-l.

Release of Wheat.

7 USC 1691 note. 7 USC 1731.

SEC. 302. (a) To provide for a wheat reserve solely for emergency humanitarian food needs in developing countries, the President shall establish a reserve stock of wheat of up to four million metric tons for use for the purposes specified in subsection (c) of this section. (b)(1) The reserve stock of wheat under this section shall be established initially by designation for that purpose by the Secretary of Agriculture of wheat owned by the Commodity Credit Corporation. (2) Subject to the provisions of subsection (i) of this section, stocks of wheat to replenish the reserve may be acquired (A) through purchases from producers or in the market if the Secretary of Agriculture determines that such purchases will not unduly disrupt the market, and (B) by designation by the Secretary of stocks of wheat otherwise acquired by the Commodity Credit Corporation. Any use of funds to acquire wheat through purchases from producers or in the market to replenish the reserve must be authorized in appropriation Acts. (c) Notwithstanding any other provision of law, stocks of wheat designated or acquired for thg reserve under this section may be released by the President to provide, on a donation or sale basis, emergency food assistance to developing countries at any time that the domestic supply of wheat is so limited that quantities of wheat cannot be made available for disposition under the Agricultural Trade Development and Assistance Act of 1954, except for urgent humanitarian purposes, under the criteria of section 401(a) of that Act. Notwithstanding the provisions of the preceding sentence, up to