Strategic Fertilizer Reserve Fund

(a) Establishment On approval by the Secretary under section 4(b), there is established in the Treasury of the United States a separate account, to be known as the Strategic Fertilizer Reserve Fund (referred to in this section as the Fund), which shall be administered by the Board in consultation with the Secretary of the Treasury. (b) Deposits There shall be deposited into the Fund— (1) such amounts as may be appropriated to carry out this Act; (2) amounts received from the sale or exchange of fertilizer product inputs from the Reserve; and (3) such other amounts as may be authorized by law. (c) Availability Amounts in the Fund shall be available to the Board, without further appropriation or fiscal year limitation, for— (1) the acquisition, storage, rotation, and maintenance of fertilizer product inputs in the Reserve; (2) the construction, lease, operation, and maintenance of storage and related facilities; and (3) administrative and oversight expenses related to the Reserve.