Title 7, AgricultureRelease 119-110

§7283 Commodity Credit Corporation Interest Rate

Title 7 › CHAPTER 100 — AGRICULTURAL MARKET TRANSITION › SUBCHAPTER V — ADMINISTRATION › § 7283

Last updated Sep 22, 2026|Official source

Summary

CCC monthly interest on farm commodity loans must be 1 percentage point (100 basis points) above the rate in effect on October 1, 1995; sugar loans are excluded.

Full Legal Text

Title 7, §7283

Agriculture, Source: USLM XML via OLRC

(a)In general
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)Sugar
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

Sep 22, 2026

Release point: 119-110