Title 7 — AgricultureRelease 119-73
§1303 Parity payments
Title 7 › Chapter CHAPTER 35— - AGRICULTURAL ADJUSTMENT ACT OF 1938 › Subchapter SUBCHAPTER II— - LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING QUOTAS, AND MARKETING CERTIFICATES › Part Part A— - Definitions, Loans, Parity Payments, and Consumer Safeguards › § 1303
Summary
When Congress provides money, the Secretary must pay producers of corn, wheat, cotton, and rice on normal output to bring returns close to parity price as funds allow. Funds are divided among four crops by how far each is below parity income. Payments are extra.
Full Legal Text
Title 7, §1303
Agriculture — Source: USLM XML via OLRC
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
Notes & Related Subsidiaries
Editorial Notes
Amendments
2004—Pub. L. 108–357 substituted “or rice,” for “rice, or tobacco,”.
Statutory Notes and Related Subsidiaries
Effective Date
of 2004 AmendmentAmendment by Pub. L. 108–357 applicable to the 2005 and subsequent crops of tobacco, see section 643 of Pub. L. 108–357, set out as an
Effective Date
note under section 518 of this title.
Savings Provision
Amendment by sections 611 to 614 of Pub. L. 108–357 not to affect the liability of any person under any provision of law so amended with respect to the 2004 or an earlier crop of tobacco, see section 614 of Pub. L. 108–357, set out as a note under section 515 of this title.
Reference
Citations & Metadata
Citation
7 U.S.C. § 1303
Title 7 — Agriculture
Last Updated
Apr 6, 2026
Release point: 119-73