63 STAT.]
81ST CONG. , 1ST SESS.-CH. 792-OCT. 31, 1949
centum of the parity price per pound for rice as of June 15 of the
calendar year in which such crop is produced.
"(b) The farm marketing excess of rice shall be regarded as avail-
able for marketing and the amount of penalty shall be computed upon
the normal production of the acreage on the farm planted to rice in
excess of the farm acreage allotment. If a downward adjustment in
the amount of the farm marketing excess is made pursuant to the pro-
viso in section 355, the difference between the amount of the penalty
computed upon the farm marketing excess before such adjustment
and as computed upon the adjusted marketing excess shall be returned
to or allowed the producer.
"(c) The person liable for payment or collection of the penalty
shall be liable also for interest thereon at the rate of 6 per centum per
annum from the date the penalty becomes due until the date of pay-
ment of such penalty.
"(d) Until the penalty on the farm marketing excess is paid, post-
poned, or avoided, as provided herein, all rice produced on the farm
and marketed by the producer shall be subject to the penalty provided
by this section and a lien on the entire crop of rice produced on the
farm shall be in effect in favor of the United States.
"(e) The penalty on the farm marketing excess on any crop of rice
may be avoided or postponed by storage or by disposing of the com-
modity in such other manner, not inconsistent with the purposes of this
Act, as the Secretary shall prescribe, including, in the discretion of the
Secretary, delivery to Commodity Credit Corporation or any other
agency within the Department. The Secretary shall issue regulations
governing such storage or other disposition. Unless otherwise speci-
ed by the Secretary in such regulations, any quantity of rice so stored
or otherwise disposed of shall be of those types and grades which are
representative of the entire quantity of rice produced on the farm.
Upon failure so to store or otherwise dispose of the farm marketing
excess of rice within such time as may be determined under regulations
prescribed by the Secretary, the penalty on such excess shall become
due and payable. Any rice delivered to any agency of the Department
pursuant to this subsection shall become the property of the agency
to which delivered and shall be disposed of at the direction of the
Secretary in a manner not inconsistent with the purposes of this Act.
"(f) Subject to the provisions of subsection (g) of this section, the
penalty upon the farm marketing excess stored pursuant to this section
shall be paid by the producer at the time and to the extent of any
depletion in the amount so stored except depletion resulting from some
cause beyond the control of the producer or from substitution of the
commodity authorized by the Secretary.
"(g) (1) If the planted acreage of the then current crop of rice for
any farm is less than the farm acreage allotment, the amount of the
commodity from any previous crop of rice stored to postpone or avoid
payment of the penalty shall be reduced by an amount equal to the
normal production of the number of acres by which the farm acreage
allotment exceeds the acreage planted to rice.
"(2) If the actual production of the acreage of rice on any farm on
which the acreage of rice is within the farm acreage allotment is less
than the normal production of the farm acreage allotment, the amount
of rice from any previous crop stored to postpone or avoid payment
of the penalty shall be reduced by an amount which, together with the
actual production of the then current crop will equal the normal pro-
duction of the farm acreage allotment: Provided,That the reduction
under this paragraph shall not exceed the amount by which the normal
production of the farm acreage allotment less any reduction made
1061
Computation of
excess.
Ante, p. 1060.
Liability.
Lien.
Storage.
Regulations.
Payment of penalty
by producer.
Reduction in
amount previously
stored.
Reduction limi-
tation.
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