Agriculture Risk Protection Act of 2000

Agriculture Risk Protection Act of 2000
Great Seal of the United States
Other short titles Agricultural Risk Protection Act of 1999
Long title An Act to amend the Federal Crop Insurance Act to strengthen the safety net for agricultural producers by providing greater access to more affordable risk management tools and improved protection from production and income loss, to improve the efficiency and integrity of the Federal crop insurance program.
Enacted by the 106th United States Congress
Effective June 22, 2000
Citations
Public law 106-224
Statutes at Large 114 Stat. 358
Legislative history

The Agriculture Risk Protection Act of 2000 (Pub.L. 106–224) made major revisions to the federal crop insurance program and provided emergency agricultural assistance. The crop insurance provisions: significantly increased the government subsidy of the program; improved coverage for farmers affected by multiple years of natural disasters; and authorized pilot insurance programs for livestock farmers and growers of other farm commodities that were not served by crop insurance, among many other provisions. The emergency provisions made available a total of $7.14 billion in emergency farm assistance, mostly in direct payments (called market loss payments) to growers of various commodities to compensate for low farm commodity prices.

References

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