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The Farm Security and Rural Investment Act of 2002, also known as the 2002 Farm Bill, includes ten titles, addressing a great variety of issues related to agriculture, ecology, energy, trade, and nutrition. This act has been superseded by the 2007 U.S. Farm Bill.
The first farm bill of the new millennium was the Farm Security Act of 2002, which was signed into law on May 13, 2002. [23] Some of the bill's major changes in comparison to the 1996 bill include an alteration of the farm payment program and the introduction of counter-cyclical farm income support.
The McGovern-Dole International Food for Education and Child Nutrition Program (IFEP) is a food aid program authorized in the Farm Security and Rural Investment Act of 2002 (P.L. 107–171, Sec. 3107, known as the 2002 Farm Bill) which provides for the donation of U.S. agricultural commodities and associated financial and technical assistance to carry out preschool and school feeding programs ...
The good-faith provisions, enacted in the 2002 farm bill (P.L. 107–171, Sec. 1613), allow the USDA to forgive a participant from the loss of commodity and conservation program benefits when it is determined that the participant either tried but failed to fully comply with program requirements, or relied on faulty (incorrect) advice from the USDA.
EQIP was reauthorized in the 2002 farm bill at $0.4 billion in mandatory spending in FY2002 and rising to $1.3 billion in FY2007. [2] The funding each year is to be divided, with 60% targeted to environmental concerns associated with livestock production and the remainder to crop production. Producers enter into contracts of 1 to 10 years.
The Rural Business Investment Program, established by the 2002 farm bill, (P.L. 107–171, Sec. 6029), guarantees the funds raised by companies that make equity investment in rural businesses, with an emphasis on smaller businesses.
The Farm Bill covers many programs that impact farmers, rural communities, and consumers across the nation. As the Congressional Research Service (CRS) explains, The Farm Bill is typically renewed ...
The 2002 farm bill authorized enrollment of 2 million acres (8,100 km 2) of restored or improved grassland, range land and pastureland under temporary and permanent easements, or contracts of at least 10 years. [2] Under the GRP enrolled land must be in parcels that exceed 40 acres (160,000 m 2). Technical assistance was provided to restore ...