Title 7AgricultureRelease 119-73

§5663 Departmental administration system

Title 7 › Chapter CHAPTER 87— - EXPORT PROMOTION › Subchapter SUBCHAPTER IV— - GENERAL PROVISIONS › Part Part A— - Program Controls › § 5663

Last updated Apr 6, 2026|Official source

Summary

Require the Secretary of Agriculture to, for each commercial export-promotion program, set rules for approving proposals; create a central system where the Foreign Agricultural Service keeps each proposal’s history and current status; run regular audits to check compliance; and set loan-eligibility criteria so the Commodity Credit Corporation avoids undue risk. The central system must let users retrieve a proposal’s status by categories the Secretary picks.

Full Legal Text

Title 7, §5663

Agriculture — Source: USLM XML via OLRC

(a)With respect to each commercial export promotion program of the Department of Agriculture or the Commodity Credit Corporation, the Secretary shall—
(1)specify by regulation the criteria used to evaluate and approve proposals for that program;
(2)establish a centralized system to permit the Foreign Agricultural Service to provide the history and current status of any proposal;
(3)provide for regular audits of program transactions to determine compliance with program objectives and requirements; and
(4)establish criteria to evaluate loans eligible for guarantees by the Commodity Credit Corporation, so as to ensure that the Corporation does not assume undue risk in providing such guarantees.
(b)Information pertaining to the status of a particular proposal shall be retrievable within the central system by appropriate categories, as determined appropriate by the Secretary.

Reference

Citations & Metadata

Citation

7 U.S.C. § 5663

Title 7Agriculture

Last Updated

Apr 6, 2026

Release point: 119-73