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7 U.S. Code § 1736o. Food for progress
(a) Short title
This section may be cited as the “Food for Progress Act of 1985”.
(b) DefinitionsIn this section:
(1) Cooperative
The term “cooperative” has the meaning given the term in section 402 of the Food for Peace Act (7 U.S.C. 1732).
(2) Corporation
The term “Corporation” means the Commodity Credit Corporation.
(3) Developing country
The term “developing country” has the meaning given the term in section 402 of the Food for Peace Act (7 U.S.C. 1732).
(4) Eligible commodity
The term “eligible commodity” means an agricultural commodity, or a product of an agricultural commodity, in inventories of the Corporation or acquired by the Secretary or the Corporation for disposition through commercial purchases under a program authorized under this section.
(5) Eligible entityThe term “eligible entity” means—
(A)
the government of an emerging agricultural country;
(B)
an intergovernmental organization;
(C)
a private voluntary organization;
(D)
a nonprofit agricultural organization or cooperative;
(E)
a nongovernmental organization;
(F)
a college or university (as such terms are defined in section 3103(4) of this title); and
(G)
any other private entity.
(6) Food security
The term “food security” means access by all people at all times to sufficient food and nutrition for a healthy and productive life.
(7) Nongovernmental organization
The term “nongovernmental organization” has the meaning given the term in section 402 of the Food for Peace Act (7 U.S.C. 1732).
(8) Private voluntary organization
The term “private voluntary organization” has the meaning given the term in section 402 of the Food for Peace Act (7 U.S.C. 1732).
(9) Program
The term “program” means a food assistance or development initiative proposed by an eligible entity and approved by the Secretary under this section.
(10) Rate of returnFor purposes of applying subsection (j)(3), the rate of return for an eligible commodity shall be equal to the proportion that—
(A)
the proceeds eligible entities generate through monetization of such commodity, bears to
(B)
the cost to the Federal Government to procure and ship the commodity to the country where it is monetized.
(11) Secretary
The term “Secretary” means the Secretary of Agriculture.