7 U.S.C. § 1303
Parity payments
United States · Title 7 — AGRICULTURE · Status: effective
Cite this
- Citation
- 7 U.S.C. § 1303, Parity payments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/429294
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Full text
If and when appropriations are made therefor, the Secretary is authorized and directed to make payments to producers of corn, wheat, cotton, or rice, on their normal production of such commodities in amounts which, together with the proceeds thereof, will provide a return to such producers which is as nearly equal to parity price as the funds so made available will permit. All funds available for such payments with respect to these commodities shall unless otherwise provided by law, be apportioned to these commodities in proportion to the amount by which each fails to reach the parity income. Such payments shall be in addition to and not in substitution for any other payments authorized by law.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- American Jobs Creation Act of 2004