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Full Text of this Amendment
Beginning on page 1 of the amendment, strike line 6 and all that follows through the end of the amendment and insert the following:
``(1) IN GENERAL.--Of the funds of the Commodity Credit Corporation, the President shall use to carry out this section $100,000,000 for each of fiscal years 2009 through 2012.''; and
(B) in paragraph (2), by striking ``such sums'' and all that follows through ``2007'' and inserting ``$300,000,000 for each of fiscal years 2008 through 2012''.
SEC. 3109. OFFSET.
Section 901(b)(4)(A) of the Trade Act of 1974 (as added by section 12101(a)) is amended by striking clause (ii) and inserting the following:
``(ii) 35 percent of the amount of any direct payments made to the producer under section 1103 of the Farm Security and Rural Investment Act of 2002 (7 U.S.C. 7913) or section 1103 of the Food and Energy Security Act of 2007 or of any fixed direct payments made at the election of the producer in lieu of that section or a subsequent section;''.
(As printed in the Congressional Record for the Senate on Nov 16, 2007.)