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Code · BILL · 118th Congress · S. 5335 (Introduced in Senate) — To provide for the reform and continuation of agricultural and other programs of the Department of Agriculture throug... · Sec. 1708

Sec. 1708. Limitation on Commodity Credit Corporation authority

120 words·~1 min read·/bill/118/s/5335/is/section-1708

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Notwithstanding section 5 of the Commodity Credit Corporation Charter Act ( 15 U.S.C. 714c ), during fiscal years 2025 through 2030, the Commodity Credit Corporation is authorized to use its general powers only to carry out operations as Congress may specifically authorize or provide for. Nothing in subsection
(a)shall be construed to impact funds obligated or transferred to the Secretary before the date of enactment of this Act. For purposes of preparing a cost estimate of this section, the Director of the Congressional Budget Office shall assume that the discretionary spending under section 5 of the Commodity Credit Corporation Charter Act ( 15 U.S.C. 714c ) for each of fiscal years 2024 through 2033 shall be equal to $6,700,000,000.
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Sec. 1708
Limitation on Commodity Credit Corporation authority
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