Page:United States Statutes at Large Volume 99 Part 2.djvu/335

 PUBLIC LAW 99-198—DEC. 23, 1985

99 STAT. 1445

entitled to receive under one or more of the annual programs established under the Agricultural Act of 1949 (7 U.S.C. 1421 et seq.) for wheat, feed grains, upland cotton, extra long staple cotton, and rice may not exceed $50,000. (2) For each of the 1986 through 1990 crops, the total amount of disaster payments that a person shall be entitled to receive under one or more of the annual programs established under the Agricultural Act of 1949 for wheat, feed grains, upland cotton, and rice may not exceed $100,000. (3) As used in this section, the term "payments" does not include— (A) loans or purchases; (B) any part of any payment that is determined by the Secretary of Agriculture to represent compensation for resource adjustment (excluding land diversion payments) or public access for recreation; 7 >• (C) any gain realized by a producer from repaying a loan for a crop of wheat, feed grains, upland cotton, or rice at the rate permitted under section 107D(a)(5), 105C(a)(4), 103A(a)(5), or 101A(a)(5), respectively, of the Agricultural Act of 1949; (D) any deficiency payment received for a crop of wheat or feed grains under section lOTJXcXD or 105C(c)(l), respectively, of ' such Act as the result of a reduction of the loan level for such crop under section 107D(a)(4) or 105C(a)(3) of such Act; (E) any loan deficiency payment received for a crop of wheat, feed grains, upland cotton, or rice under section 107IXb), 105C(b), 103A(b), or 101A(b), respectively, of such Act; (F) any inventory reduction payment received for a crop of wheat, feed grains, upland cotton, or rice under section 107D(g), ,i 105C(g), 103A(g), or 101 A(g), respectively, of such Act; (G) any increased established price payments under section 105C(c)(l)(E) or 107D(c)(l)(E), respectively, of such Act; or (H) any benefit received as a result of any cost reduction action by the Secretary under section 1009 of this Act. (4) If the Secretary determines that the total amount of payments that will be earned by any person under the program in effect for any crop will be reduced under this section, any acreage requirement established under a set-aside or acreage limitation program for the farm or farms on which such person will be sharing in payments earned under such program shall be adjusted to such extent and in such memner as the Secretary determines will be fair and reasonable in relation to the amount of the payment reduction. (5)(A) The Secretary shall issue regulations— (i) defining the term "person"; and (ii) prescribing such rules as the Secretary determines necessary to assure a fair and reasonable application of the limitation established under this section. (B) The regulations issued by the Secretary on December 18, 1970, under section 101 of the Agricultural Act of 1970 (7 U.S.C. 1307) shall be used to establish the percentage ownership of a corporation by the stockholders of such corporation for the purpose of determining whether such corporation and stockholders are separate persons under this section, (6) The provisions of this section that limit payments to any person shall not be applicable to lands owned by States, political subdivisions, or agencies thereof, so long as such lands are farmed

Ante, pp. 1383, 1395, 1407, 1419.

Regulations.

Regulations.

Prohibition.

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