Page:United States Statutes at Large Volume 70.djvu/247

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[70 Stat. 191]
PUBLIC LAW 000—MMMM. DD, 1956
[70 Stat. 191]

70 S T A T. ]

PUBLIC LAW 540-MAY 28, 1966

191

withheld from production under the provisions of this title: And provided further, That such stocks shall not be released prior to the end of the normal harvesting season for the particular commodity being released. Compensation under this section shall be at such rate or rates as the Secretary determines will provide producers with a fair and reasonable return for reducing their acreage of the commodity, taking into consideration the loss of production of the commodity on the reserve acreage, any savings in cost which result from not planting the commodity on the reserve acreage, and the incentive necessary to achieve the reserve acreage goal. The Secretary shall make an adjustment in yields for drought, flood, or other abnormal conditions in estimating the loss of production for purposes of establishing rates of compensation. The rates of payment offered under this section shall be such as to encourage producers to underplant their allotments more than one year. Commodities delivered to producers in redemption of such certificates shall not be eligible for tender to Commodity Credit Corporation under the price support program. (b) Compensation shall be paid to any producer for participating in the acreage reserve program for any year including 1956 when the Secretary has ascertained that such producer has complied with the acreage reduction requirements of such program for such year. (c) The total compensation paid producers for participating in the acreage reserve program with respect to any year's crops shall not exceed $750,000,000, and with respect to any commodity for any year shall not exceed the amount shown below: Wheat, $375,000,000; cotton, $300,000,000; corn in the commercial corn-producing area, $300,000,000; peanuts, $7,000,000; rice, $23,000,000; and tobacco, $45,000,000. The total amount available for the acreage reserve program for any year's crops shall be apportioned among the various commodities on the basis of the amounts required to achieve the reserve acreage goal for each commodity established under section 104. E F F E C TO N ACREAGE ALLOTMENTS A N D QUOTAS

SEC. 106. (a) In the future establishment of State, county, and farm acreage allotments under the Agricultural Adjustment Act of 1938, as amended, or base acreages under this title, reserve acreages applicable to any commodity shall be credited to the State, county, and farm as though such acreage had actually been devoted to the production of the commodity. (b) I n applying the provisions of paragraph (6) of Public Law 74, Seventy-seventh Congress (7 U.S.C. 1340 (6)), and sections 326(b) and 356 (g) of the Agricultural Adjustment Act of 1938, as amended (7 U.S.C. 1326 (b), 1356 (g)), relating to reduction of the storage amounts of wheat and rice, the reserve acreage of the commodity on any farm shall be regarded as wheat acreage or rice acreage, as the case may be, on the farm.

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SUBTITLE B—CONSERVATION EESERVE PROGRAM TERMS AND CONDITIONS

SEC. 107. (a) To effectuate the purposes of this title the Secretary ^^^^J^**^' *'°"" is hereby authorized to enter into contracts for periods of not less than three years with producers determined by him to have control for the contract period of the farms covered by the contract wherein the producer shall agree: (1) To establish and maintain for the contract period protective vegetative cover (including but not limited to grass and trees), water