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7 USC § 1303 - Parity payments 

---
identifier: "/us/usc/t7/s1303"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1303 - Parity payments"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1303"
section_name: "Parity payments"
chapter_number: 35
chapter_name: "GENERAL PROVISIONS"
subchapter_number: "II"
subchapter_name: "LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING QUOTAS, AND MARKETING CERTIFICATES"
part_number: "A"
part_name: "Definitions, Loans, Parity Payments, and Consumer Safeguards"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Feb. 16, 1938, ch. 30, title III, § 303, 52 Stat. 45; Pub. L. 108–357, title VI, § 611(g), Oct. 22, 2004, 118 Stat. 1522.)"
---

# § 1303. Parity payments

If and when appropriations are made therefor, the Secretary is authorized and directed to make payments to producers of corn, wheat, cotton, or rice, on their normal production of such commodities in amounts which, together with the proceeds thereof, will provide a return to such producers which is as nearly equal to parity price as the funds so made available will permit. All funds available for such payments with respect to these commodities shall unless otherwise provided by law, be apportioned to these commodities in proportion to the amount by which each fails to reach the parity income. Such payments shall be in addition to and not in substitution for any other payments authorized by law.

---

**Source Credit**: (Feb. 16, 1938, ch. 30, title III, § 303, 52 Stat. 45; Pub. L. 108–357, title VI, § 611(g), Oct. 22, 2004, 118 Stat. 1522.)

## Editorial Notes

### Amendments

2004— substituted “or rice,” for “rice, or tobacco,”.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2004 Amendment

Amendment by  applicable to the 2005 and subsequent crops of tobacco, see , set out as an Effective Date note under .

### Savings Provision

Amendment by sections 611 to 614 of  not to affect the liability of any person under any provision of law so amended with respect to the 2004 or an earlier crop of tobacco, see , set out as a note under .