Sec. 10308. Adjusted gross income limitation
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Section 1001D(b) of the Food Security Act of 1985 (7 U.S.C. 1308–3a(b)) is amended— in paragraph (1), by striking paragraph
(3)and inserting paragraphs
(3)and
(4); and by adding at the end the following: In this paragraph: The term excepted payment or benefit means— a payment or benefit under subtitle E of title I of the Agricultural Act of 2014 ( 7 U.S.C. 9081 et seq. ); a payment or benefit under section 196 of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7333 ); and a payment or benefit described in paragraph (2)(C) received on or after October 1, 2024. The term farming, ranching, or silviculture activities includes agri-tourism, direct-to-consumer marketing of agricultural products, the sale of agricultural equipment owned by the person or legal entity, and other agriculture-related activities, as determined by the Secretary. In the case of an excepted payment or benefit, the limitation established by paragraph
(1)shall not apply to a person or legal entity during a crop, fiscal, or program year, as appropriate, if greater than or equal to 75 percent of the average gross income of the person or legal entity derives from farming, ranching, or silviculture activities. .
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- 7 USC 1308–3a(b)
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