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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter VII - Farm Service Agency, Department of Agriculture |
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SubChapter D - Special Programs |
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Part 760 - Indemnity Payment Programs |
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Subpart N - Dairy Economic Loss Assistance Payment Program |
§ 760.1306 - Availability of funds.
Latest version.
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§ 760.1306 Availability of funds.
(a) Payments under this subpart are subject to the availability of funds. The total available program funds are $290,000,000.
(b) FSA will prorate the available funds by a national factor to ensure payments do not exceed $290,000,000. The payment will be made based on the national payment rate as determined by FSA. FSA will prorate the payments based on the amount of milk production eligible for payments in a fair and reasonable manner.
(c) A reserve will be created to handle new applications, appeals, and errors.