§ 1416.604 - Availability of funds.


Latest version.
  • (a) In the event that the total amount of eligible claims submitted by eligible nursery producers under this subpart and subparts D, E, and F exceeds $95 million, each payment to an eligible nursery producer shall be reduced by a uniform national percentage, as determined by CCC.

    (b) Such payment reduction shall be applied after imposition of applicable per person payment limitation as provided in §1416.6.