Pub. L. 106-78, tit. VIII, subtit. A, sec. 802 (as amended)
MARKET LOSS ASSISTANCE.
SEC. 802. [7 U.S.C. 1421 note] MARKET LOSS ASSISTANCE.
(a) Assistance Authorized.—The Secretary shall use not more than $5,544,453,000 of funds of the Commodity Credit Corporation to provide assistance to owners and producers on a farm that are eligible for final payments for fiscal year 1999 under a production flexibility contract for the farm under the Agricultural Market Transition Act (7 U.S.C. 7201 et seq.).
(b) Amount.—The amount of assistance made available to owners and producers on a farm under this section shall be proportionate to the amount of the contract payment received by the owners and producers for fiscal year 1999 under a production flexibility contract for the farm under the Agricultural Market Transition Act.
(c) Protection of Tenants and Sharecroppers; Sharing of Payments.—Sections 111(c) and 114(g) of the Agricultural Market Transition Act (7 U.S.C. 7211(c), 7214(g)) shall apply to the payments made under subsection (a).
- Cross-references to the US Code
- 7 U.S.C. 1421 note