7 U.S. Code § 9019 - Transition assistance for producers of upland cotton

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(a) Availability
(1) Purpose
It is the purpose of this section to provide transition assistance to producers of upland cotton in light of the repeal of section 8713 of this title, the inapplicability of sections 9016 and 9017 of this title to upland cotton, and the delayed implementation of the Stacked Income Protection Plan required by section 1508b of this title, as added by section 11017 of this Act.
(2) 2014 crop year
For the 2014 crop of upland cotton, the Secretary shall provide transition assistance, pursuant to the terms and conditions of this section, to producers on a farm for which cotton base acres were in existence for the 2013 crop year.
(3) 2015 crop year
For the 2015 crop of upland cotton, the Secretary shall provide transition assistance, pursuant to the terms and conditions of this section, to producers on a farm—
(A) for which cotton base acres were in existence for the 2013 crop year; and
(B) that is located in a county in which the Stacked Income Protection Plan required by section 1508b of this title is not available to producers of upland cotton for the 2015 crop year.
(b) Transition assistance rate
The transition assistance rate shall be equal to the product obtained by multiplying—
(1) the June 12, 2013, midpoint estimate for the marketing year average price of upland cotton received by producers for the marketing year beginning August 1, 2013, minus the December 10, 2013, midpoint estimate for the marketing year average price of upland cotton received by producers for the marketing year beginning August 1, 2013, as contained in the applicable World Agricultural Supply and Demand Estimates report published by the Department of Agriculture; and
(2) the national program yield for upland cotton of 597 pounds per acre.
(c) Calculation of transition assistance amount
The amount of transition assistance to be provided under this section to producers on a farm for a crop year shall be equal to the product obtained by multiplying—
(1) for the 2014 crop year, 60 percent, and for the 2015 crop year, 36.5 percent, of the cotton base acres referred to in subsection (a) for the farm, subject to adjustment or reduction for conservation measures as provided in subsections (b) and (c) ofsection 9012 of this title;
(2) the transition assistance rate in effect for the crop year under subsection (b); and
(3) the payment yield for upland cotton for the farm established for purposes of section 8713 (c)(3) of this title, divided by the national program yield for upland cotton of 597 pounds per acre.
(d) Time for payment
The Secretary may not make transition assistance payments for a crop year under this section before October 1 of the calendar year in which the crop of upland cotton is harvested.
(e) Payment limitations
Sections 1308 through 1308–3 of this title, as in effect on September 30, 2013, shall apply to the receipt of transition assistance under this section in the same manner as such sections applied to section 8713 of this title.

Source

(Pub. L. 113–79, title I, § 1119,Feb. 7, 2014, 128 Stat. 673.)
References in Text

Section 8713 of this title, referred to in subsecs. (a)(1), (c)(3), and (e), was repealed by Pub. L. 113–79, title I, § 1101,Feb. 7, 2014, 128 Stat. 658.
Section 1508b of this title, as added by section 11017 of this Act, referred to in subsec. (a)(1), is section 1508b of this title, as added by section 11017(a) ofPub. L. 113–79.

 

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