Page:United States Statutes at Large Volume 117.djvu/559

 117 STAT. 540

PUBLIC LAW 108–7—FEB. 20, 2003 (1) USE OF COMMODITY CREDIT CORPORATION FUNDS.—Effective beginning on the date of enactment of this Act, the Secretary shall use funds of the Commodity Credit Corporation to carry out the 2002 Livestock Compensation Program announced by the Secretary on October 10, 2002 (67 Fed. Reg. 63070). (2) ELIGIBLE APPLICANTS.—Subject to subsection (c), in carrying out the Program, the Secretary shall— (A) provide assistance to any applicant that— (i) conducts a livestock operation that is physically located in a disaster county; and (ii) meets all other eligibility requirements established by the Secretary for the Program; and (B) provide assistance to any applicant that— (i) produces an animal described in section 10806(a)(1) of the Farm Security and Rural Investment Act of 2002 (21 U.S.C. 321d(a)(1)); and (ii) meets all other eligibility requirements established by the Secretary for the Program. (b) LIVESTOCK ASSISTANCE PROGRAM.— (1) ASSISTANCE AVAILABLE.—Subject to paragraph (2) and subsection (c), the Secretary shall use $250,000,000 of funds of the Commodity Credit Corporation to establish a program under which payments are made to livestock producers for losses in a disaster county. To carry out the program, the Secretary shall use the criteria established to carry out the 1999 Livestock Assistance Program, except that, in lieu of the gross revenue criteria used for the 1999 Livestock Assistance Program, the Secretary shall use the adjusted gross income limitation contained in section 1001D of the Food Security Act of 1985 (7 U.S.C. 1308–3a). (2) CHOICE OF PAYMENTS.—If the livestock operation of the producers is located in a county that was declared to be a disaster county for both calendar year 2001 and calendar year 2002, the producers shall elect to receive payments under this subsection for losses in either calendar year 2001 or calendar year 2002, but not both. If the livestock operation is located in a county that was declared to be a disaster county in just one of those calendar years, the producers may still elect to receive payments under this subsection for losses in either calendar year, but not both. (c) RELATIONSHIP OF LIVESTOCK ASSISTANCE PROGRAMS.— (1) REDUCTION IN PAYMENTS.—The amount of assistance that the producers would otherwise receive for a loss under a livestock assistance program described in paragraph (2) shall be reduced by the amount of the assistance that the producers receive under any other livestock assistance program described in such paragraph. (2) COVERED LIVESTOCK ASSISTANCE PROGRAMS.—Paragraph (1) applies to the following livestock assistance programs: (A) The 2002 Cattle Feed Program announced by the Secretary on September 3, 2002 (67 Fed. Reg. 56260). (B) The 2002 Livestock Compensation Program, as announced by the Secretary on October 10, 2002 (67 Fed. Reg. 63070), and modified in accordance with subsection (a).

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