For the 2014 through 2018 crop years, all of the producers on a farm shall make a 1-time, irrevocable election to obtain—
(1)price loss coverage under section
9016 of this title on a covered commodity-by-covered-commodity basis; or
(2)agriculture risk coverage under section
9017 of this title.
(b) Coverage options
In the election under subsection (a), the producers on a farm that elect under paragraph (2) of such subsection to obtain agriculture risk coverage under section
9017 of this title shall unanimously select whether to receive agriculture risk coverage payments based on—
(1)county coverage applicable on a covered commodity-by-covered-commodity basis; or
(2)individual coverage applicable to all of the covered commodities on the farm.
(c) Effect of failure to make unanimous election
If all the producers on a farm fail to make a unanimous election under subsection (a) for the 2014 crop year—
(1)the Secretary shall not make any payments with respect to the farm for the 2014 crop year under section
9017 of this title; and
(2)the producers on the farm shall be deemed to have elected price loss coverage under section
9016 of this title for all covered commodities on the farm for the 2015 through 2018 crop years.
(d) Effect of selection of county coverage
If all the producers on a farm select county coverage for a covered commodity under subsection (b)(1), the Secretary may not make price loss coverage payments under section
9016 of this title to the producers on the farm with respect to that covered commodity.
(e) Effect of selection of individual coverage
If all the producers on a farm select individual coverage under subsection (b)(2), in addition to the selection and election under this section applying to each producer on the farm, the Secretary shall consider, for purposes of making the calculations required by subsections (b)(2) and (c)(3) ofsection
9017 of this title, the producer’s share of all farms in the same State—
(1)in which the producer has an interest; and
(2)for which individual coverage has been selected.
(f) Prohibition on reconstitution
The Secretary shall ensure that producers on a farm do not reconstitute the farm to void or change an election or selection made under this section.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.