
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC1471h]

 
                          TITLE 7--AGRICULTURE
 
         CHAPTER 35A--PRICE SUPPORT OF AGRICULTURAL COMMODITIES
 
      SUBCHAPTER V--EMERGENCY LIVESTOCK FEED ASSISTANCE ACT OF 1988
 
Sec. 1471h. Ineligibility

    (a) Any person that has qualifying gross revenues in excess of 
$2,500,000 annually, as determined by the Secretary, shall not be 
eligible to receive any livestock emergency benefits under this 
subchapter.
    (b) For purposes of this section, the term ``qualifying gross 
revenue'' means--
        (1) if a majority of the person's annual income is received from 
    farming and ranching operations, the gross revenue from the person's 
    farming and ranching operations; and
        (2) if less than a majority of the person's annual income is 
    received from farming and ranching operations, the person's gross 
    revenue from all sources.

(Oct. 31, 1949, ch. 792, title VI, Sec. 610, as added Pub. L. 100-387, 
title I, Sec. 101(a), Aug. 11, 1988, 102 Stat. 931.)


                             Effective Date

    Section effective 15 days after Aug. 11, 1988, see section 101(c)(1) 
of Pub. L. 100-387, set out as an Effective and Termination Dates of 
1988 Amendment note under section 1427 of this title.


                       Inapplicability of Section

    Section inapplicable to 1996 through 2002 crops of loan commodities, 
peanuts, and sugar and inapplicable to milk during period beginning Apr. 
4, 1996, and ending Dec. 31, 2002, see section 7301(b)(1)(L) of this 
title.
