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S. 5526IntroducedSenate · nowHousePresidentLawIn committee
Sec. 1104 · S. 5526

Commodity Credit Corporation records, reports, and data

Title I — Commodities › Subtitle A — Commodity Policy

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(a) In general Section 13 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714k) is amended— (1) by striking the section designation and heading and all that follows through The Corporation in the first sentence and inserting the following: 13. Records, reports, and data (a) Records The Corporation; (2) in subsection (a) (as so designated), in the first sentence, by striking account and shall and inserting the following: “account. (b) Annual reports The Corporation shall; (3) in subsection (b) (as so designated)— (A) in the first sentence, by striking forwarded by the Secretary of Agriculture to the President for transmission to the and inserting transmitted by the Secretary of Agriculture to; and (B) in the second sentence, by striking In addition to the annual report, and inserting the following: (c) Quarterly reports In addition to the annual reports filed under subsection (b),; (4) in subsection (c) (as so designated), by striking $10,000 and inserting $25,000; and (5) by adding at the end the following: (d) Commodity estimate books (1) Data In addition to the reports under subsections (b) and (c), the Corporation shall biannually submit to Congress a report comprising a Commodity Estimate Book that contains the data included in, and in a format substantially similar to, the Commodity Estimate Books formerly published by the budget division of the Farm Service Agency, which shall contain both actual and estimated years of budgetary data by program and account for the Corporation, including the latest policy assumptions and supporting economic data. (2) Public availability Each Commodity Estimate Book submitted under paragraph (1) shall be made publicly available in a searchable electronic format on a website maintained by the Department of Agriculture. (e) Submission to Congress Each report required to be submitted to Congress under this section shall be submitted to— (1) the Committee on Agriculture of the House of Representatives; (2) the Committee on Agriculture, Nutrition, and Forestry of the Senate; (3) the Committee on Appropriations of the House of Representatives; and (4) the Committee on Appropriations of the Senate. (f) Categorization of certain data To the extent a report prepared and submitted to Congress under this section includes a description of expenditures made by the Secretary pursuant to section 5, each of those expenditures shall be clearly categorized by the corresponding subsection of section 5 providing the authority for the expenditure.. (b) Applicability The amendments made by subsection (a) shall apply to the reports required under section 13 of the Commodity Credit Corporation Charter Act (15 U.S.C. 714k) beginning with the first calendar year that begins after the date of enactment of this Act.

Sec. 1104: Commodity Credit Corporation records, reports, and data · Public Law Tracker