Sec. 1422. TEMPORARY CONTINUATION AND EVENTUAL REPEAL OF MILK INCOME LOSS CONTRACT PROGRAM
505 words·~2 min read·
/statute-compilations/comps-10872/sec-1422A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 1422 TEMPORARY CONTINUATION AND EVENTUAL REPEAL OF MILK INCOME LOSS CONTRACT PROGRAM ###
(a)Temporary Continuation of Payments Under Milk Income Loss Contract Program **[**[7 U.S.C. 8773 note](/us/usc/t7/s8773)**]** Section 1506 of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8773) is amended— ####
(1)in subsection (a), by adding at the end the following new paragraph: > > #### “(6) Termination date > > The term ‘termination date’ means the earlier of the following: > > > ##### “(A) > > The date on which the Secretary certifies to Congress that the margin protection program required by section 1403 of the Agricultural Act of 2014 is operational. > > > ##### “(B) > > September 1, 2014.” > ; ####
(2)in subsection (c)(3)— #####
(A)in subparagraph (B), by inserting after “August 31, 2013,” the following: “and for the period beginning February 1, 2014, and ending on the termination date,”; and #####
(B)in subparagraph (C), by striking “and thereafter,” and inserting “and ending January 31, 2014,”; ####
(3)in subsection (d)— #####
(A)in paragraph (2), by striking “For any month beginning on or after September 1, 2013,” and inserting “During the period beginning on September 1, 2013, and ending on January 31, 2014,”; #####
(B)by redesignating paragraph
(3)as paragraph (4); and #####
(C)by inserting after paragraph
(2)the following new paragraph (3): > > #### “(3) Final adjustment authority > > During the period beginning on February 1, 2014, and ending on the termination date, if the National Average Dairy Feed Ration Cost for a month during that period is greater than $7.35 per hundredweight, the amount specified in subsection (c)(2)(A) used to determine the payment rate for that month shall be increased by 45 percent of the percentage by which the National Average Dairy Feed Ration Cost exceeds $7.35 per hundredweight.” > ; ####
(4)in subsection (e)(2)(A)— #####
(A)in clause (ii), by inserting after “August 31, 2013,” the following: “and for the period beginning February 1, 2014, and ending on the termination date,”; and #####
(B)in clause (iii), by striking “effective beginning September 1, 2013,” and inserting “for the period beginning September 1, 2013, and ending January 31, 2014,”; ####
(5)in subsection (g), by striking “during the period beginning on the date that is 90 days after the date of enactment of this Act and ending on September 30, 2013” and inserting “until the termination date”; and ####
(6)in subsection (h)(1), by striking “September 30, 2013” and inserting “the termination date”. ###
(b)Repeal of Milk Income Loss Contract Program ####
(1)Repeal Effective on the termination date, section 1506 of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8773) is repealed. ####
(2)Termination date defined In paragraph (1), the term “termination date” means the earlier of the following: #####
(A)The date on which the Secretary certifies to Congress that the margin protection program required by section 1403 is operational. #####
(B)September 1, 2014.
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 1422
TEMPORARY CONTINUATION AND EVENTUAL REPEAL OF MILK INCOME LOSS CONTRACT PROGRAM
Cites 1Cited by 0 across 0 sources