United States · Amendment · HAMDT

HAMDT 671 (101st)

An amendment to establish the following payment limits for each individual who receives federal farm program payments: A $50,000 limit on deficiency payments (including land diversion payments), the same as in current law; a $50,000 limit on marketing loan gains, Findley payments, loan deficiency payments, inventory reduction payments, and resource adjustment payments (the limit would apply to each of these types of payments, for which there are no individual payment limits in current law--although a $250,000 aggregate limit is applicable); a $50,000 limit on wool and mohair program payments; a $100,000 limit on disaster payments; and, a $250,000 aggregate payment limit (payments from all programs may not exceed this amount).