7 U.S.C. · Agriculture
7 U.S.C. § 7283

Commodity Credit Corporation interest rate

Ch. 100 — AGRICULTURAL MARKET TRANSITION
Title 7 U.S.C. ● ACTIVE Primary Source Ch. 100
Statutory Text

7 U.S.C. § 7283 — Commodity Credit Corporation interest rate

U.S.C. Title 7 - AGRICULTURE 7 U.S.C. United States Code, 2023 Edition Title 7 - AGRICULTURE CHAPTER 100 - AGRICULTURAL MARKET TRANSITION SUBCHAPTER V - ADMINISTRATION Sec. 7283 - Commodity Credit Corporation interest rate From the U.S. Government Publishing Office, www.gpo.gov

§7283. Commodity Credit Corporation interest rate

(a) In general Notwithstanding any other provision of law, the monthly Commodity Credit Corporation interest rate applicable to loans provided for agricultural commodities by the Corporation shall be 100 basis points greater than the rate determined under the applicable interest rate formula in effect on October 1, 1995. (b) Sugar For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under section 7272 of this title shall not be considered an agricultural commodity.

(Pub. L. 104–127, title I, §163, Apr. 4, 1996, 110 Stat. 935; Pub. L. 107–171, title I, §1401(c), May 13, 2002, 116 Stat. 187.)

Editorial Notes

Amendments 2002—Pub. L. 107–171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 7 U.S.C. § 7283 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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