Agriculture Risk Protection Act of 2000

Source: Wikipedia, the free encyclopedia.
Agriculture Risk Protection Act of 2000
Senate Agriculture, Nutrition, and Forestry
  • Passed the House on September 29, 1999 (422-1)
  • Passed the Senate on March 23, 2000 (95-5)
  • Reported by the joint conference committee on May 25, 2000; agreed to by the House on May 25, 2000 (agreed to) and by the Senate on May 25, 2000 (91-4)
  • Signed into law by President Bill Clinton
  • on June 22, 2000

    The Agriculture Risk Protection Act of 2000 (

    government subsidy; improved coverage for farmers affected by multiple years of natural disasters; and authorized pilot insurance programs for livestock farmers and growers of other farm commodities that were not served by crop insurance, among many other provisions. The emergency provisions made available a total of $7.14 billion in emergency farm assistance, mostly in direct payments (called market loss payments
    ) to growers of various commodities to compensate for low farm commodity prices.

    See also

    References

    • Public Domain This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.