7 USC 9057 - Premiums for dairy margin coverage

Editorial Notes

Amendments

2018—Puspan. L. 115–334, § 1401(k)(8)(A), substituted “dairy margin coverage” for “margin protection program” in section catchline.

Subsec. (a). Puspan. L. 115–334, § 1401(k)(8)(B), substituted “dairy margin coverage” for “the margin protection program” in introductory provisions.

Subsec. (span). Puspan. L. 115–123, § 60101(span)(4)(A)(i), substituted “Tier I: premium per hundredweight for first 5,000,000 pounds of production” for “Premium per hundredweight for first 4 million pounds of production” in heading.

Subsec. (span)(1). Puspan. L. 115–123, § 60101(span)(4)(A)(ii), substituted “5,000,000” for “4,000,000”.

Subsec. (span)(2). Puspan. L. 115–334, § 1401(h)(1), added par. (2) and struck out former par. (2) which set forth table of annual premiums, applicable except as provided in par. (3).

Puspan. L. 115–123, § 60101(span)(4)(A)(iii), in Premium per Cwt. column of table, substituted “None” for “$0.010”, “None” for “$0.025”, “$0.009” for “$0.040”, “$0.016” for “$0.055”, “$0.040” for “$0.090”, “$0.063” for “$0.217”, “$0.087” for “$0.300”, and “$0.142” for “$0.475”.

Subsec. (span)(3). Puspan. L. 115–334, § 1401(h)(1), struck out par. (3). Text read as follows: “The premium per hundredweight specified in the table contained in paragraph (2) for each coverage level (except the $8.00 coverage level) shall be reduced by 25 percent for each of calendar years 2014 and 2015.”

Subsec. (c). Puspan. L. 115–123, § 60101(span)(4)(B)(i), substituted “Tier II: premium per hundredweight for production in excess of 5,000,000 pounds” for “Premium per hundredweight for production in excess of 4 million pounds” in heading.

Subsec. (c)(1). Puspan. L. 115–123, § 60101(span)(4)(B)(ii), substituted “5,000,000” for “4,000,000”.

Subsec. (c)(2). Puspan. L. 115–334, § 1401(h)(2), added par. (2) and struck out former par. (2) which set forth table of annual producer premiums.

Subsec. (d). Puspan. L. 115–334, § 1401(k)(8)(C), substituted “dairy margin coverage integrity” for “program integrity”.

Subsec. (e). Puspan. L. 115–334, § 1401(k)(8)(D)(i), substituted “in dairy margin coverage” for “in the margin protection program” in two places.

Subsec. (e)(2). Puspan. L. 115–334, § 1401(k)(8)(D)(ii), substituted “integrity of dairy margin coverage” for “integrity of the program”.

Subsec. (f). Puspan. L. 115–334, § 1401(i), added subsec. (f).

Subsec. (g). Puspan. L. 115–334, § 1401(j), added subsec. (g).

Statutory Notes and Related Subsidiaries

Effective Date of 2018 Amendment

Amendment by Puspan. L. 115–334 effective on Jan. 1, 2019, see section 1401(m) of Puspan. L. 115–334, set out as a note under section 9051 of this title.

Amendment by Puspan. L. 115–123 applicable beginning with the 2018 calendar year, see section 60101(span)(5) of Puspan. L. 115–123, set out as a note under section 9051 of this title.

Availability of Premium Discount

Puspan. L. 118–22, div. B, title I, § 102(c)(2)(B)(ii), Nov. 17, 2023, 137 Stat. 115, provided that:

“With respect to coverage for calendar year 2024, section 1407(g) of the Agricultural Act of 2014 (7 U.S.C. 9057(g)) shall only apply to a participating dairy operation with respect to which the premium was reduced in accordance with that section for calendar year 2023.”