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S. 5526IntroducedSenate · nowHousePresidentLawIn committee
Sec. 12403 · S. 5526

Investment authority

Title XII — Miscellaneous › Subtitle D — United States grain standards reauthorization

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(a) In general Section 7(j) of the United States Grain Standards Act (7 U.S.C. 79(j)) is amended— (1) by inserting trust before fund each place it appears; (2) in paragraph (3), in the second sentence, by striking Secretary shall be credited to the fund and inserting Secretary, and the interest earned from the investment of those penalties, shall be credited to the trust fund created in paragraph (1); and (3) in paragraph (5), in the first sentence, by striking 2025 and inserting 2033. (b) Conforming amendments (1) Section 7(g)(2) of the United States Grain Standards Act (7 U.S.C. 79(g)(2)) is amended, in the second sentence, by inserting trust before fund. (2) Section 7A(l) of the United States Grain Standards Act (7 U.S.C. 79a(l)) is amended by inserting trust before fund created in section 7(j) each place it appears. (3) Section 7B(a) of the United States Grain Standards Act (7 U.S.C. 79b(a)) is amended, in the third sentence, by inserting trust before fund. (4) Section 16(j) of the United States Grain Standards Act (7 U.S.C. 87e(j)) is amended by inserting trust before fund. (5) Section 17A(e) of the United States Grain Standards Act (7 U.S.C. 87f–1(e)) is amended, in the third sentence, by inserting trust before fund.

Sec. 12403: Investment authority · Public Law Tracker