Document Qg7ZwnqjooXmMNMGoe22yYw8L
BOM24567 S6J
S.L.C.
114
1
"(b) REIMBURSEMENT OF INCREASED COSTS.-
2
"(1) IN GENERAL.--The Secretary of Transpor-
3
tation shall reimburse the Secretary of Agriculture,
4
the Commodity Credit Corporation, and the United
5
States Agency for International Development for the
6
amount by which, in any fiscal year-
7
"(A) the total cost of ocean freight and
8
ocean freight differential for which obligations
9
are incurred by the Secretary of Agriculture,
10
the Corporation, and the United States Agency
11
for International Development on exports of ag-
12
ricultural products under the agricultural ex-
13
port programs specified in section 55314(b) of
14
this title; exceeds
15
"(B) 20 percent of the value of the agricul-
16
tural products and the cost of the ocean freight
17
and ocean freight differential on which obliga-
18
tions are incurred by the Secretary of Agri-
19
culture, the Corporation, and the United States
20
Agency for International Development during
21
that fiscal year.
22
"(2) AGRICULTURAL PRODUCTS SHIPPED FROM
23
INVENTORY.--For purposes of this subsection, agri-
24
cultural products shipped from the inventory of the
25
Corporation shall be valued as provided in section
OST-2025-1200 Page 00485
Sierra Club v. Dept. of Transp. - 3:25-cv-06221
SC_EVERSPLIT0012166
BOM24567 S6J
S.L.C.
115
1
412(d) of the Food for Peace Act (7 U.S.C.
2
1736f(d)).
3
"(c) INTERAGENCY AGREEMENT.-
4
"(1) IN GENERAL.--By not later than 180 days
5
after the date of enactment of the SHIPS for Amer-
6
ica Act of 2024, the Secretary of Transportation
7
shall enter into an interagency agreement with the
8
head of each agency entitled to reimbursement under
9
subsection (b)(1).
10
"(2) CONTENTS.--Each interagency agreement
11
shall include-
12
"(A) an explanation of the process the
13
agency shall follow to receive a reimbursement
14
from the Secretary of Transportation under this
15
section;
16
"(B) a standard methodology for calcu-
17
lating the reimbursement an agency is entitled
18
to under this section; and
19
"(C) deadlines-
20
"(i) by which an agency shall submit
21
a reimbursement request in order to re-
22
ceive reimbursement; and
23
"(ii) by which the Secretary of Trans-
24
portation shall approve a properly filed re-
25
imbursement request, which date shall not
OST-2025-1200 Page 00486
Sierra Club v. Dept. of Transp. - 3:25-cv-06221
SC_EVERSPLIT0012167