7-U.S.C.-1471H

7-U.S.C.-1471H

§1471H – Ineligibility

Pathway

Title 7 > Chapter 35A > Subchapter V > Section 1471h

Details

  • Reference: Section 1471h
  • Legend: §1471H – Ineligibility
  • USCode Year: 2013

Provision Content

(a) Any person that has qualifying gross revenues in excess of $2,500,000 annually, as determined by the Secretary, shall not be eligible to receive any livestock emergency benefits under this subchapter.

(b) For purposes of this section, the term qualifying gross revenue” means—

(1) if a majority of the persons annual income is received from farming and ranching operations, the gross revenue from the persons farming and ranching operations; and

(2) if less than a majority of the persons annual income is received from farming and ranching operations, the persons gross revenue from all sources.

(Oct. 31, 1949, ch. 792, title VI, §610, as added Pub. L. 100–387, title I, §101(a), Aug. 11, 1988, 102 Stat. 931.)

Effective Date

Section effective 15 days after Aug. 11, 1988, see section 101(c)(1) of Pub. L. 100–387, set out as an Effective and Termination Dates of 1988 Amendment note under section 1427 of this title.

Inapplicability of Section

Section inapplicable to 2002 through 2007 crops of covered commodities, peanuts, and sugar and inapplicable to milk during period beginning May 13, 2002, through Dec. 31, 2007, see section 7992(b)(12) of this title.

Section inapplicable to 1996 through 2002 crops of loan commodities, peanuts, and sugar and inapplicable to milk during period beginning Apr. 4, 1996, and ending Dec. 31, 2002, see section 7301(b)(1)(L) of this title.

U.S. Encyclopedia of Law Coverage

7-U.S.C.-1471D in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-1471D, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

7-U.S.C.-1471E in the Legal Encyclopedia: Price Support of Agricultural Commodities

In this entry about 7-U.S.C.-1471E, find legal reference material, bibliographies and premiere content related to price support of agricultural commodities in the American Encyclopedia of Law, presenting a comprehensive view of the United States price support of agricultural commodities-specific issues, written by authorities in the field.

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