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Code · BILL · 113th Congress · H.R. 2642 (EAH) — 113 HR 2642 EAH: Federal Agriculture Reform and Risk Management Act of 2013 · Sec. 3008

Sec. 3008. General provisions

249 words·~1 min read·/bill/113/hr/2642/eah/section-3008

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Section 403(b) of the Food for Peace Act ( 7 U.S.C. 1733(b) ) is amended by adding at the end the following new sentence: The Secretary or the Administrator, as appropriate, shall seek information, as part of the regular proposal and submission process, from implementing agencies on the potential benefits to the local economy of sales of agricultural commodities within the recipient country. . Section 403(e) of the Food for Peace Act ( 7 U.S.C. 1733(e) ) is amended— in paragraph (2), by striking reasonable market price and inserting fair market value ; and by adding at the end the following new paragraph:
The Secretary and the Administrator shall coordinate in assessments to carry out paragraph
(1)and in the development of approaches to be used by implementing agencies for determining the fair market value described in paragraph (2). . Section 403 of the Food for Peace Act ( 7 U.S.C. 1733 ) is amended by adding at the end the following new subsection: Not later than 180 days after the date of the enactment of the Federal Agriculture Reform and Risk Management Act of 2013 , and annually thereafter, the Administrator shall submit to Congress a report— specifying the amount of funds (including funds for administrative costs, indirect cost recovery, and internal transportation, storage and handling, and associated distribution costs) provided to each eligible organization that received assistance under this Act in the previous fiscal year; and describing how those funds were used by the eligible organization. .
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Sec. 3008
General provisions
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