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

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LegalText 7 U.S.C. § 7283 Commodity Credit Corporation interest rate us united_states_code code_section 7 AGRICULTURE 100 AGRICULTURAL MARKET TRANSITION 7283 7 U.S.C. § 7283 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/s7283 data/legal/raw/us/code/title-07/usc07.xml 78352321a876dbf36943f72c7d5d62550cea1f03ada086310c8518851bd6e0ad 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 fa0c6dc418a528aeadff792a99d481b5af714a51c4762537a224675cb851b2ae 2026-07-04 official
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7 U.S.C. § 7283 - Commodity Credit Corporation interest rate

Text

(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. 104127, title I, § 163, Apr. 4, 1996, 110 Stat. 935; Pub. L. 107171, title I, § 1401(c), May 13, 2002, 116 Stat. 187.)

Notes

Editorial Notes

Amendments2002—Pub. L. 107171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).