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139 STAT. 94 PUBLIC LAW 119–21—JULY 4, 2025 (5) in subsection (e) (as so redesignated), in paragraph (1), by striking ‘‘$0.25’’ and inserting ‘‘$0.30’’. (c) PAYMENT OF COTTON STORAGE COSTS.—Section 1204(g) of the Agricultural Act of 2014 (7 U.S.C. 9034(g)) is amended— (1) by striking ‘‘Effective’’ and inserting the following: ‘‘(1) CROP YEARS 2014 THROUGH 2025.—Effective’’; (2) in paragraph (1) (as so designated), by striking ‘‘2023’’ and inserting ‘‘2025’’; and (3) by adding at the end the following: ‘‘(2) PAYMENT OF COTTON STORAGE COSTS.—Effective for each of the 2026 through 2031 crop years, the Secretary shall make cotton storage payments for upland cotton and extra long staple cotton available in the same manner as the Sec- retary provided storage payments for the 2006 crop of upland cotton, except that the payment rate shall be equal to the lesser of— ‘‘(A) the submitted storage charge for the current mar- keting year; and ‘‘(B) in the case of storage in— ‘‘(i) California or Arizona, a payment rate of $4.90; and ‘‘(ii) any other State, a payment rate of $3.00.’’. (d) LOAN DEFICIENCY PAYMENTS.— (1) CONTINUATION.—Section 1205(a)(2)(B) of the Agricul- tural Act of 2014 (7 U.S.C. 9035(a)(2)(B)) is amended by striking ‘‘2023’’ and inserting ‘‘2031’’. (2) PAYMENTS IN LIEU OF LDPS.—Section 1206 of the Agri- cultural Act of 2014 (7 U.S.C. 9036) is amended, in subsections (a) and (d), by striking ‘‘2023’’ each place it appears and inserting ‘‘2031’’. (e) SPECIAL COMPETITIVE PROVISIONS FOR EXTRA LONG STAPLE COTTON.—Section 1208(a) of the Agricultural Act of 2014 (7 U.S.C. 9038(a)) is amended, in the matter preceding paragraph (1), by striking ‘‘2026’’ and inserting ‘‘2032’’. (f) AVAILABILITY OF RECOURSE LOANS.—Section 1209 of the Agricultural Act of 2014 (7 U.S.C. 9039) is amended, in subsections (a)(2), (b), and (c), by striking ‘‘2023’’ each place it appears and inserting ‘‘2031’’. SEC. 10310. REPAYMENT OF MARKETING LOANS. Section 1204 of the Agricultural Act of 2014 (7 U.S.C. 9034) is amended— (1) in subsection (b)— (A) by redesignating paragraph (1) as subparagraph (A) and indenting appropriately; (B) in the matter preceding subparagraph (A) (as so redesignated), by striking ‘‘The Secretary’’ and inserting the following: ‘‘(1) IN GENERAL.—The Secretary’’; and (C) by striking paragraph (2) and inserting the fol- lowing: ‘‘(B)(i) in the case of long grain rice and medium grain rice, the prevailing world market price for the commodity, as determined and adjusted by the Secretary in accordance with this section; or Determinations. California. Arizona. Time periods.