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Code · STATUTE-COMPILATIONS · Agricultural Act of 2014 · Sec. 5303

Sec. 5303. DEFINITION OF QUALIFIED BEGINNING FARMER OR RANCHER

150 words·~1 min read·/statute-compilations/comps-10872/sec-5303

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## SEC. 5303 DEFINITION OF QUALIFIED BEGINNING FARMER OR RANCHER ###
(a)In General Section 343(a)(11) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1991(a)(11)) is amended in subparagraphs
(C)and (D)— ####
(1)by striking “or joint operation,” each place it appears and inserting “joint operation, or such other legal entity as the Secretary considers appropriate,”; ####
(2)by striking “or joint operators,” each place it appears and inserting “joint operators, or owners,”; and ####
(3)in subparagraph (D), by striking “corporation, has stockholders,” each place it appears in clauses (i)(II)(bb) and (ii)(II)(bb) and inserting “cooperative, corporation, partnership, joint operation, or other such legal entity as the Secretary considers appropriate, has members, stockholders, partners, or joint operators,”. ###
(b)Modification of Acreage Ownership Limitation Section 343(a)(11)(F) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1991(a)(11)(F)) is amended by striking “median acreage” and inserting “average acreage”.
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Sec. 5303
DEFINITION OF QUALIFIED BEGINNING FARMER OR RANCHER
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