R3-10-404. Covered Farm; Qualified Exemption; Modifications

A. A farm is eligible for a qualified exemption and associated modified requirements in a calendar year if both of the following apply: 1. During the three-year period preceding the applicable calendar year, the average annual monetary value of the food the farm sold directly to qualified end-users during such period exceeded the average annual monetary value of the food the farm sold to all other buyers during that period; and 2. The average annual monetary value of all food that the farm sold during the three-year period preceding the applicable calendar year was less than $500,000, adjusted for inflation. B. For the purpose of determining whether the average annual monetary value of all food sold during the three-year period preceding the applicable calendar year was less than $500,000, adjusted for inflation, the baseline year for calculating the adjustment for inflation is 2011.