Page:United States Statutes at Large Volume 116 Part 1.djvu/240

 116 STAT. 214 PUBLIC LAW 107-171—MAY 13, 2002 subtitle A of title I of the Farm Security and Rural Investment Act of 2002 for 1 or more covered commodities may not exceed $65,000. "(2) PEANUTS.— The total amount of counter-cyclical pay- ments made to a person during any crop year under subtitle C of title I of the Farm Security and Rural Investment Act of 2002 may not exceed $65,000. "(d) LIMITATION ON MARKETING LOAN GAINS AND LOAN DEFI- CIENCY PAYMENTS.— "(1) LOAN COMMODITIES. —The total amount of the following gains and payments that a person may receive during any crop year may not exceed $75,000: "(A) Any gain realized by a producer from repaying a marketing assistance loan for 1 or more loan commodities under subtitle B of title I of the Farm Security and Rural Investment Act of 2002 at a lower level than the original loan rate established for the loan commodity under that subtitle. "(B) Any loan deficiency payments received for 1 or more loan commodities under that subtitle. "(2) OTHER COMMODITIES.—The total amount of the following gains and payments that a person may receive during any crop year may not exceed $75,000: "(A) Any gain realized by a producer from repaying a marketing assistance loan for peanuts, wool, mohair, or honey under subtitle B or C of title I of the Farm Security and Rural Investment Act of 2002 at a lower level than the original loan rate established for the commodity under those subtitles. "(B) Any loan deficiency payments received for peanuts, wool, mohair, and honey under those subtitles.", (b) CLERICAL AND CONFORMING AMENDMENTS TO SECTION 1001. —Section 1001 of the Food Security Act of 1985 (7 U.S.C. 1308) is amended— (1) in paragraph (5)— (A) by striking "(5)" and inserting "(e) DEFINITION OF PERSON. —" (B) by redesignating subparagraphs (A) through (E) as paragraphs (1) through (5), respectively; (C) in paragraph (1), as so redesignated— (i) by redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively; and (ii) by striking the second sentence; and (D) in paragraph (2), as so redesignated— (i) by redesignating clause (i) as subparagraph (A) and, in such subparagraph (as so redesignated)— (I) by striking "subparagraph (A), subject to clause (ii)" and inserting "paragraph (1), subject to subparagraph (B)"; and (II) by redesignating subclauses (I), (II), and (III), as clauses (i), (ii), and (iii), respectively; (ii) by redesignating clause (ii) as subparagraph (B) and, in such subparagraph (as so redesignated), by redesignating subclauses (I), (II), and (III), as clauses (i), (ii), and (iii), respectively; and (iii) by redesignating clause (iii) as subparagraph (C) and, in such subparagraph (as so redesignated)—

�