---
kind: "section"
citation: "7 U.S.C. § 1747"
title: "7"
title_heading: "Agriculture"
number: "1747"
heading: "Authorization of appropriations; determination of value of transferred commodity"
release: "119-102"
url: "https://uscodex.org/usc/7/1747"
units:
  - "Chapter 42 — Agricultural Commodity Set-Aside"
---

# §1747. Authorization of appropriations; determination of value of transferred commodity


In [order](/usc/7/2902.md?p=10) to make payment to the [Commodity](/usc/7/1a.md?p=9) Credit [Corporation](/usc/7/1502.md?p=b-5) for any [commodities](/usc/7/1a.md?p=9) transferred to the national stockpile pursuant to [section 1743(a)(4) of this title](/usc/7/1743.md?p=a-4), there are authorized to be appropriated amounts equal to the value of any [commodities](/usc/7/1a.md?p=9) so transferred. The value of any [commodity](/usc/7/1a.md?p=9) so transferred, for the purpose of this section, shall be the lower of the domestic market price or the [Commodity](/usc/7/1a.md?p=9) Credit [Corporation](/usc/7/1502.md?p=b-5)’s investment therein as of the date of transfer to the stockpile, as determined by the Secretary of Agriculture


## Source credit

(Aug. 28, 1954, ch. 1041, title I, § 107, 68 Stat. 898.)