Agriculture Risk Protection Act of 2000
Senate Agriculture, Nutrition, and Forestry 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
- 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.