7 U.S.C. § 1516 : US Code - Section 1516: Funding

Search 7 U.S.C. § 1516 : US Code - Section 1516: Funding

(a) Authorization of appropriations
(1) Discretionary expenses
There are authorized to be appropriated for fiscal year 1999
and each subsequent fiscal year such sums as are necessary to
cover the salaries and expenses of the Corporation.
(2) Mandatory expenses
There are authorized to be appropriated such sums as are
necessary to cover for each of the 1999 and subsequent
reinsurance years the following:
(A) The administrative and operating expenses of the
Corporation for the sales commissions of agents.
(B) Premium subsidies, including the administrative and
operating expenses of an approved insurance provider for the
delivery of policies with additional coverage.
(C) Costs associated with the conduct of livestock and wild
salmon pilot programs carried out under section 1523 of this
title, subject to the limitations in subsections (a)(3)(E)(ii)
and (b)(10) of section 1523 of this title.
(D) Costs associated with the reimbursement, contracting, and
partnerships for research and development under section 1522 of
this title.
(b) Payment of Corporation expenses from insurance fund
(1) Expenses generally
For each of the 1999 and subsequent reinsurance years, the
Corporation may pay from the insurance fund established under
subsection (c) of this section all expenses of the Corporation
(other than expenses covered by subsection (a)(1) of this section
and expenses covered by paragraph (2)(A)), including the
following:
(A) Premium subsidies and indemnities.
(B) Administrative and operating expenses of the Corporation
necessary to pay the sales commissions of agents.
(C) All administrative and operating expense reimbursements
due under a reinsurance agreement with an approved insurance
provider.
(D) Costs associated with the conduct of livestock and wild
salmon pilot programs carried out under section 1523 of this
title, subject to the limitations in subsections (a)(3)(E)(ii)
and (b)(10) of section 1523 of this title.
(E) Costs associated with the reimbursement, contracting, and
partnerships for research and development under section 1522 of
this title.
(2) Policy consideration and implementation
(A) In general
For each of the 1999 and subsequent reinsurance years, the
Corporation may use the insurance fund established under
subsection (c) of this section, but not to exceed $3,500,000
for each fiscal year, to pay the following:
(i) Costs associated with the consideration and
implementation of policies, plans of insurance, and related
materials submitted under section 1508(h) of this title or
developed under section 1522 or 1523 of this title.
(ii) Costs to contract for the review of policies, plans of
insurance, and related materials under section 1505(e) of
this title and to contract for other assistance in
considering policies, plans of insurance, and related
materials.
(B) Dairy options pilot program
Amounts necessary to carry out the dairy options pilot
program shall not be counted toward the limitation on expenses
specified in subparagraph (A).
(c) Insurance fund
(1) In general
There is established an insurance fund, for the deposit of
premium income, amounts made available under subsection (a)(2) of
this section, and civil fines collected under section 1515(h) of
this title, to be available without fiscal year limitation.
(2) Commodity Credit Corporation funds
If at any time the amounts in the insurance fund are
insufficient to enable the Corporation to carry out subsection
(b) of this section, to the extent the funds of the Commodity
Credit Corporation are available - 
(A) the Corporation may request the Secretary to use the
funds of the Commodity Credit Corporation to carry out
subsection (b) of this section; and
(B) the Secretary may use the funds of the Commodity Credit
Corporation to carry out subsection (b) of this section.