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The White House Office of Management and Budget issued a formal manifesto (10/3) opposing the initial farm bill, calling it expensive and unresponsive to changes in agriculture. Sen. Richard Lugar (R-IN), a farmer with a modest operation, was outraged that the farm bill remained on Congressional agendas after the terrorist attacks. (Omaha ...
The 1981 farm bill involved only small changes and continued the policy of restricting supply rather than increasing demand. The 1984 budget proposal was designed to cut subsidies rather than reform the system, but Congress rejected it. Instead, Congress continued the same policies in the 1985 farm bill, which Reagan reluctantly signed.
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.
Biotechnology and Agricultural Trade Program — The 2002 farm bill (P.L. 107-171 Sec. 3204) authorizes appropriations of up to $6 million annually for technical assistance and public and private sector project grants to remove or mitigate significant foreign regulatory nontariff barriers to U.S. exports involving: agricultural commodities produced through biotechnology.
In United States agricultural policy, the payment limitation refers to the maximum annual amount of farm program benefits a person can receive by law.. Persons are defined under payment limitation regulations, established by USDA, to be individuals, members of joint operations, or entities such as limited partnerships, corporations, associations, trusts, and estates that are actively engaged ...
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.
In United States federal agriculture legislation, the Agricultural Management Assistance Program was authorized in the Agricultural Risk Protection Act of 2000 (P.L. 106-224, Sec. 133) and permanently authorized and amended in the 2002 farm bill (P.L. 107-171, Sec. 2501) to provide mandatory funding of $20 million annually from FY2003 through FY 2007 and $10 million in all other years (but ...