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2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 7282 Adjustments of loans us united_states_code code_section 7 AGRICULTURE 100 AGRICULTURAL MARKET TRANSITION 7282 7 U.S.C. § 7282 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s7282 data/legal/raw/us/code/title-07/usc07.xml feee60b0935bd920d368e896bd9fa8543ec090ee665d8254d44f0efe382ad01c 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 791cf88812e83079025b0d030e745dd22ea988ac2a08669b216d51a6bbca32bd 2026-07-04 official
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7 U.S.C. § 7282 - Adjustments of loans

Text

(a) Adjustment authority The Secretary may make appropriate adjustments in the loan rates for any commodity for differences in grade, type, quality, location, and other factors.

(b) Manner of adjustment The adjustments under the authority of this section shall, to the maximum extent practicable, be made in such manner that the average loan level for the commodity will, on the basis of the anticipated incidence of the factors, be equal to the level of support determined as provided in this chapter and title I of the Farm Security and Rural Investment Act of 2002 [7 U.S.C. 7901 et seq.].

(c) Adjustment on county basis The Secretary may establish loan rates for a crop for producers in individual counties in a manner that results in the lowest such rate being 95 percent of the national average loan rate, except that such action shall not result in an increase in outlays. Adjustments under this subsection shall not result in an increase in the national average loan rate for any year.

(Pub. L. 104127, title I, § 162, Apr. 4, 1996, 110 Stat. 935; Pub. L. 107171, title I, § 1606, May 13, 2002, 116 Stat. 218.)

Notes

Editorial Notes

References in TextFor definition of “this chapter”, referred to in subsec. (b), see note set out under section 7201 of this title. The Farm Security and Rural Investment Act of 2002, referred to in subsec. (b), is Pub. L. 107171, May 13, 2002, 116 Stat. 134. Title I of the Act is classified principally to chapter 106 (§ 7901 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note under section 7901 of this title and Tables.

Amendments2002—Subsec. (b). Pub. L. 107171 substituted “this chapter and title I of the Farm Security and Rural Investment Act of 2002” for “this chapter”.