United States Code (Last Updated: May 24, 2014) |
Title 7. AGRICULTURE |
Chapter 87. EXPORT PROMOTION |
SubChapter VII. FOREIGN MARKET DEVELOPMENT COOPERATOR PROGRAM |
§ 5723. Funding
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(a) In general To carry out this subchapter, the Secretary shall use funds of the Commodity Credit Corporation, or commodities of the Commodity Credit Corporation of a comparable value, in the amount of $34,500,000 for each of fiscal years 2008 through 2018.
(b) Program priorities In providing any amount of funds or commodities made available under subsection (a) of this section for any fiscal year that is in excess of the amount made available under this section for fiscal year 2001, the Secretary shall, to the maximum extent practicable— (1) give equal consideration to— (A) proposals submitted by organizations that were participating organizations in prior fiscal years; and (B) proposals submitted by eligible trade organizations that have not previously participated in the program established under this subchapter; and (2) give equal consideration to— (A) proposals submitted for activities in emerging markets; and (B) proposals submitted for activities in markets other than emerging markets.
Amendments
2014—Subsec. (a). Pub. L. 113–79 substituted “2018” for “2012”.
2008—Subsec. (a). Pub. L. 110–246 substituted “2008 through 2012” for “2002 through 2007”.
2002—Pub. L. 107–171 amended section catchline and text generally. Prior to amendment, text read as follows: “There are authorized to be appropriated to carry out this subchapter such sums as may be necessary for each of fiscal years 1996 through 2002.”
Effective Date Of Amendment
Amendment by Pub. L. 110–246 effective