Page:United States Statutes at Large Volume 116 Part 2.djvu/169

 PUBLIC LAW 107-210—AUG. 6, 2002 116 STAT. 951 "(i) ADJUSTED GROSS INCOME.—The term 'adjusted gross income' means adjusted gross income of an agricultural commodity producer— "(I) as defined in section 62 of the Internal Revenue Code of 1986 and implemented in accordance with procedures established by the Secretary; and "(II) that is earned directly or indirectly from all agricultural and nonagricultural sources of an individual or entity for a fiscal or corresponding crop year. "(ii) AVERAGE ADJUSTED GROSS INCOME. — "(I) IN GENERAL.—The term 'average adjusted gross income' means the average adjusted gross income of a producer for each of the 3 preceding taxable years. "(II) EFFECTIVE ADJUSTED GROSS INCOME.—In the case of a producer that does not have an adjusted gross income for each of the 3 preceding taxable years, the Secretary shall establish rules that provide the producer with an effective adjusted gross income for the applicable year. " (b) AMOUNT OF CASH BENEFITS.— "(1) IN GENERAL.— Subject to the provisions of section 298, an adversely affected agricultural commodity producer described in subsection (a) shall be entitled to adjustment assistance under this chapter in an amount equal to the product of— "(A) one-half of the difference between— "(i) an amount equal to 80 percent of the average of the national average price of the agricultural commodity covered by the application described in subsection (a) for the 5 marketing years preceding the most recent marketing year, and "(ii) the national average price of the agricultural commodity for the most recent marketing year, and "(B) the amount of the agricultural commodity produced by the agricultural commodity producer in the most recent marketing year. " (2) SPECIAL RULE FOR SUBSEQUENT QUALIFIED YEARS. — The amount of cash benefits for a qualified year shall be determined in the same manner as cash benefits are determined under paragraph (1) except that the average national price of the agricultural commodity shall be determined under paragraph (l)(A)(i) by using the 5-marketing-year period used to determine the amount of cash benefits for the first certification. "(c) MAXIMUM AMOUNT OF CASH ASSISTANCE.—The maximum amount of cash benefits an agricultural commodity producer may receive in any 12-month period shall not exceed $10,000. "(d) LIMITATIONS ON OTHER ASSISTANCE. —An agricultural commodity producer entitled to receive a cash benefit under this chapter— "(1) shall not be eligible for any other cash benefit under this title, and "(2) shall be entitled to employment services and training benefits under part II of subchapter B of chapter 2.

�