§ 1970. Eligibility for assistance based on production loss

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1975

   Agricultural Act of 1961

   Pub. L. 87–128 title III § 329 · 75 Stat. 294

   Enacted · 7 U.S.C. § 1970

   Pub. L. 87–128, title III, § 329, as added Pub. L. 94–68, § 7, Aug. 5, 1975, 89 Stat. 382

   Source evidence

   Code source credit
   Pub. L. 87–128, title III, § 329, as added Pub. L. 94–68, § 7, Aug. 5, 1975, 89 Stat. 382

2. 1981

   Pub. L. 97–35 title I § 163 · 95 Stat. 357

   Changed · 7 U.S.C. § 1970

   Pub. L. 97–35 increased specific per centum loss from 20 to 30, and authorized a lesser per centum loss pursuant to determinations by the Secretary under applicable criteria

   Source evidence

   Code amendment note
   Pub. L. 97–35 increased specific per centum loss from 20 to 30, and authorized a lesser per centum loss pursuant to determinations by the Secretary under applicable criteria.

   Enacted provision · exact public law section
   Sec. 163. eligibility for assistance based on production loss Section 329 of the Consolidated Farm and Rural Development 7 USC 1970. Act is amended to read as follows: “Sec. 329. The Secretary shall make financial assistance under this subtitle available to any applicant seeking assistance based on production losses if the applicant shows that a single enterprise which constitutes a basic part of the applicant’s farming, ranching, or aquaculture operation has sustained at least a 30 per centum loss of normal per acre or per animal production, or such lesser per centum of loss as the Secretary may determine, as a result of the disaster based upon the average monthly price in effect for the previous year and the applicant otherwise meets the conditions of eligibility prescribed under this subtitle. Such loans shall be made available based upon 80 per centum, or such greater per centum as the Secretary may determine, of the total calculated actual production loss sustained by the applicant.”.

1 of 2 references resolved to an enrolled provision · 1 partial