Title 7 — AgricultureRelease 119-73not60
§7283 Commodity Credit Corporation Interest Rate
Title 7 › Chapter 100— AGRICULTURAL MARKET TRANSITION › Subchapter V— ADMINISTRATION › § 7283
Summary
Sets the monthly interest rate the Commodity Credit Corporation charges on loans for agricultural commodities to be 100 basis points higher than the rate from the interest-rate formula that was in effect on October 1, 1995. Raw cane sugar, refined beet sugar, and sugar being processed that can get loans under section 7272 are not counted as agricultural commodities for this rule.
Full Legal Text
Title 7, §7283
Agriculture — Source: USLM XML via OLRC
(a)Notwithstanding any other provision of law, the monthly Commodity Credit Corporation interest rate applicable to loans provided for agricultural commodities by the Corporation shall be 100 basis points greater than the rate determined under the applicable interest rate formula in effect on October 1, 1995.
(b)For purposes of this section, raw cane sugar, refined beet sugar, and in-process sugar eligible for a loan under section 7272 of this title shall not be considered an agricultural commodity.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2002—Pub. L. 107–171 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).
Reference
Citations & Metadata
Citation
7 U.S.C. § 7283
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60