,i #aae? ,,congress #b;d ,session ,h4 ,r4 #edfb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #aj1 #bjah ,mr4 ,pet]son introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to am5d ! ,agricultural ,act ( #bjad to provide support = dairy produc]s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,dairy ,risk ,managem5t ,act ( #bjah4 #b4 ,dairy risk managem5t program = dairy produc]s 7a7 ,review ( data us$ 9 calculation ( av]age fe$ co/ ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,agriculture %all submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report evaluat+ ! ext5t to :i* ! av]age co/ ( fe$ us$ by a dairy op]ation to produce a hundr$weight ( milk calculat$ by ! ,secret>y z requir$ by section #adjb7;a7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeb7;a77 is repres5tative ( actual dairy fe$ co/s4 7b7 ,corn silage report ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,agriculture %all submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report detail+ ! co/s incurr$ by dairy op]ations 9 ! use ( corn silage z fe$1 & ! diff]5ce betwe5 ! fe$ co/ ( corn silage & ! fe$ co/ ( corn4 7c7 ,collection ( alfalfa hay data ,n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,agriculture1 act+ ?r\gh ! ,national ,agricultural ,/ati/ics ,s]vice1 %all revise mon?ly price survey reports to include prices = high-quality alfalfa hay 9 ! top five milk produc+ ,/ates1 z measur$ by volume ( milk produc$ dur+ ! previ\s mon?4 7d7 ,regi/ration ( multiproduc] dairy op]ations ,section #adjd7;b7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijed7;b77 is am5d$-- 7#a7 9 p>agraph 7#c71 by /rik+ ,if & ins]t+ ,subject to p>agraph 7#e71 if2 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,c]ta9 multiproduc] dairy op]ation exclusions 7,a7 ,exclusion ( l[-p]c5tage own]s ,to promote adm9i/rative effici5cy 9 ! dairy risk managem5t program1 a multiproduc] dairy op]ation cov]$ by p>agraph 7#c7 may elect1 at ! option ( ! multiproduc] dairy op]ation1 to exclude in=mation f ! regi/ration process reg>d+ any individual own] ( ! multiproduc] dairy op]ation t-- 7i7 holds less ?an a five p]c5t own]%ip int]e/ 9 ! multiproduc] dairy op]ation2 or 7ii7 is entitl$ to less ?an five p]c5t ( ! income1 rev5ue1 pr(it1 ga91 loss1 exp5diture1 d$uction1 or cr$it ( ! multiproduc] dairy op]ation = any giv5 ye>4 7,b7 ,effect ( exclusion on dairy risk managem5t paym5ts ,to ! ext5t t an individual own] ( a multiproduc] dairy op]ation is exclud$ "u subp>agraph 7,a7 f ! regi/ration ( ! multiproduc] dairy op]ation1 any dairy risk managem5t paym5t made to ! multiproduc] dairy op]ation %all be r$uc$ by an am\nt equal to ! great] ( ! foll[+3 7i7 ,! am\nt det]m9$ by multiply+ ! dairy risk managem5t paym5t o!rwise det]m9$ "u section #adjf by ! total p]c5tage ( own]%ip int]e/s repres5t$ by ! exclud$ own]s4 7ii7 ,! am\nt det]m9$ by multiply+ ! dairy risk managem5t paym5t o!rwise det]m9$ "u section #adjf by ! total p]c5tage ( ! income1 rev5ue1 pr(it1 ga91 loss1 exp5diture1 d$uction1 or cr$it ( ! multiproduc] dairy op]ation repres5t$ by ! exclud$ own]s4 4 7e7 ,relation to live/ock gross m>g9 = dairy program ,section #adjd7;d7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijed7;d77 is am5d$-- 7#a7 by /rik+ b n bo? & ins]t+ b n on ! same production2 7#b7 by /rik+ or ! & ins]t+ & !2 & 7#c7 by /rik+ m>g9 protection program & ins]t+ dairy risk managem5t program4 7f7 ,production hi/ory ( p>ticipat+ dairy op]ators 7#a7 ,cont9u$ use ( prior dairy op]ation production hi/ory ,section #adje7;a77#a7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijee7;a77#a77 is am5d$ by add+ at ! end ! foll[+ new s5t5ce3 ,! production hi/ory ( a p>ticipat+ dairy op]ation %all cont9ue to be bas$ on annual milk m>ket+s dur+ ! #bjaa1 #bjab1 or #bjac cal5d> ye> not)/&+ ! op]ation ( ! dairy risk managem5t program ?r\gh #bjbc44 7#b7 ,adju/m5t ,section #adje7;a7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijee7;a77 is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ ,9 subsequ5t ye>s & ins]t+ ,9 ! subsequ5t cal5d> ye>s end+ be=e ,janu>y #a1 #bjai2 & 7,b7 9 p>agraph 7#c71 by ins]t+ 1 z applicable aft] p>agraph 7#b74 7#c7 ,limitation on *anges to bus9ess /ructure ,section #adje ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijee7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7d7 ,limitation on *anges to bus9ess /ructure ,! ,secret>y may n make dairy risk managem5t paym5ts to a p>ticipat+ dairy op]ation if ! ,secret>y det]m9es t ! p>ticipat+ dairy op]ation has reorganiz$ ! /ructure ( su* op]ation solely = ! purpose ( qualify+ z a new op]ation "u subsection 7b74 4 7g7 ,dairy risk managem5t paym5ts 7#a7 ,election ( cov]age level ?re%old & cov]age p]c5tage ,section #adjf ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijef7 is am5d$-- 7,a7 9 subsection 7a71 by /rik+ annually2 & 7,b7 by add+ at ! end ! foll[+ new subsection3 7d7 ,deadl9e = election2 duration ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is subsection1 ea* p>ticipat+ dairy op]ation %all elect a cov]age level ?re%old "u subsection 7a77#a7 & a cov]age p]c5tage "u subsection 7a77#b7 to be us$ to det]m9e dairy risk managem5t paym5ts4 ,?is election %all rema9 9 effect = ! p>ticipat+ dairy op]ation = ! duration ( ! dairy risk managem5t program1 z specifi$ 9 section #adji4 4 7#b7 ,additional cov]age level ?re%olds = c]ta9 produc]s ,section #adjf7;a77#a7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijef7;a77#a77 is am5d$ by ins]t+ aft] or #h4jj ! foll[+3 7& 9 ! case ( production subject to premiums "u section #adjg7;b71 also #h4ej or #i4jj74 7#c7 ,election ( production hi/ory cov]age p]c5tage ,section #adjf7;a77#b7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijef7;a77#b77 is am5d$ by /rik+ beg9n+ ) #be p]c5t & n exce$+ & ins]t+ b n to exce$4 7h7 ,premiums = p>ticipation 9 dairy risk managem5t program 7#a7 ,premium p] hundr$weight = fir/ #e million p\nds ( production ,section #adjg7;b7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeg7;b77 is am5d$-- 7,a7 by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+ new p>agraph3 7#b7 ,produc] premiums ,! foll[+ annual premiums apply3 ,cov]age ,level,premium p] ,cwt4#d4jj,none#d4ejj4jjbe4jjj4jjee4ejj4 jjhf4jjj4jajf4ejj4jagg4jjj4jdag4ejj4jegh 4jjj4jijh4ejj4abji4jj #j4agj 2 & 7,b7 by /rik+ p>agraph 7#c74 7#b7 ,te*nical correction ,section #adjg7;d7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeg7;d77 is am5d$ 9 ! subsection head+ by /rik+ ,"t = & ins]t+ ,me?od (4 7i7 ,con=m+ am5dm5ts relat$ to program "n 7#a7 ,head+ ,! head+ ( "p ,i ( subtitle ,d ( title ,i ( ! ,agricultural ,act ( #bjad 7,public ,law #aac-gi2 #abh ,/at4 #fhh7 is am5d$ to read z foll[s3 ,i ,dairy ,risk ,managem5t ,program = ,dairy ,produc]s 4 7#b7 ,def9itions ,section #adja ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijea7 is am5d$-- 7,a7 by /rik+ p>agraphs 7#e7 & 7#f7 & ins]t+ ! foll[+ new p>agraphs3 7#e7 ,dairy risk managem5t program ,! t]ms dairy risk managem5t program & program mean ! dairy risk managem5t program requir$ by section #adjc4 7#f7 ,dairy risk managem5t paym5t ,! t]m dairy risk managem5t paym5t means a paym5t made to a p>ticipat+ dairy op]ation "u ! program pursuant to section #adjf4 2 & 7,b7 9 p>agraphs 7#g7 & 7#h71 by /rik+ m>g9 protection bo? places x appe>s4 7#c7 ,calculation ( ,actual ,dairy ,production ,m>g9 ,section #adjb7;b77#a7 ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeb7;b77#a77 is am5d$ by /rik+ m>g9 protection & ins]t+ dairy risk managem5t4 7#d7 ,program op]ation ,section #adjc ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijec7 is am5d$-- 7,a7 9 ! section head+1 by /rik+ ,,e/abli%m5t ,,( ,,m>g9 ,,protection & ins]t+ ,,dairy ,,risk ,,managem5t2 7,b7 by /rik+ ,n lat] ?an ,septemb] #a1 #bjad1 ! ,secret>y %all e/abli% & adm9i/] a m>g9 protection program & ins]t+ ,! ,secret>y %all cont9ue to adm9i/] a dairy risk managem5t program2 & 7,c7 by /rik+ m>g9 protection paym5t bo? places x appe>s & ins]t+ dairy risk managem5t paym5t4 7#e7 ,p>ticipation ,section #adjd ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijed7 is am5d$-- 7,a7 9 ! section head+1 by /rik+ ,,m>g9 ,,protection2 7,b7 9 subsection 7a71 by /rik+ m>g9 protection program to receive m>g9 protection paym5ts & ins]t+ dairy risk managem5t program to receive dairy risk managem5t paym5ts2 & 7,c7 9 subsections 7b7 & 7c71 by /rik+ m>g9 protection ea* place x appe>s4 7#f7 ,production hi/ory ,section #adje ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijee7 is am5d$-- 7,a7 9 subsection 7a77#a7-- 7i7 by /rik+ m>g9 protection program ! fir/ place x appe>s & ins]t+ dairy risk managem5t program2 & 7ii7 by /rik+ m>g9 protection ! second place x appe>s2 & 7,b7 9 subsection 7c71 by /rik+ m>g9 protection4 7#g7 ,paym5ts ,section #adjf ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijef7 is am5d$-- 7,a7 9 ! section head+1 by /rik+ ,,m>g9 ,,protection & ins]t+ ,,dairy ,,risk ,,managem5t2 7,b7 by /rik+ m>g9 protection ea* place x appe>s & ins]t+ dairy risk managem5t2 & 7,c7 9 ! head+ ( subsection 7c71 by /rik+ ,m>g9 ,protection4 7#h7 ,premiums ,section #adjg ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeg7 is am5d$-- 7,a7 9 ! section head+1 by /rik+ ,,m>g9 ,,protection & ins]t+ ,,dairy ,,risk ,,managem5t2 7,b7 9 subsection 7a71 by /rik+ m>g9 protection program & ins]t+ dairy risk managem5t program2 & 7,c7 9 subsection 7e71 by /rik+ m>g9 protection bo? places x appe>s4 7#i7 ,p5alties ,section #adjh ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijeh7 is am5d$ by /rik+ m>g9 protection bo? places x appe>s & ins]t+ dairy risk managem5t4 7#aj7 ,adm9i/ration & en=cem5t ,section #adaj ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijfj7 is am5d$ by /rik+ m>g9 protection ea* place x appe>s & ins]t+ dairy risk managem5t4 7j7 ,effective date ,! am5dm5ts made by ?is section %all take effect #fj days aft] ! date ( ! enactm5t ( ?is ,act4 7k7 ,duration ,section #adji ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijei7 is am5d$-- 7#a7 by /rik+ m>g9 protection & ins]t+ dairy risk managem5t2 & 7#b7 by /rik+ #bjah & ins]t+ #bjbc4 #c4 ,class ,i skim milk price 7a7 ,class ,i skim milk price ,section #h;c7#e77;,a7 ( ! ,agricultural ,adju/m5t ,act 7#g ,u4,s4,c4 #fjh;c7#e77;,a771 re5act$ ) am5dm5ts by ! ,agricultural ,m>ket+ ,agreem5t ,act ( #aicg1 is am5d$ by /rik+ ! ?ird & f\r? s5t5ces1 includ+ ! table1 & ins]t+ ! foll[+ new s5t5ce3 ,?r\gh\t ! #b-ye> p]iod beg9n+ on ! effective date ( ?is s5t5ce 7& subsequ5t to su* #b-ye> p]iod unless modifi$ by am5dm5t to ! ord] involv$71 = purposes ( det]m9+ prices = milk ( ! highe/ use classification1 ! ,class ,i skim milk price p] hundr$weight specifi$ 9 section #ajjj4ej7;b7 ( title #g1 ,code ( ,f$]al ,regulations 7or successor regulation71 %all be ! sum ( ! adju/$ ,class ,i diff]5tial specifi$ 9 section #ajjj4eb ( su* title #g1 plus ! adju/m5t to ,class ,i prices specifi$ 9 sections #ajje4ea7;b71 #ajjf4ea7;b71 & #ajjg4ea7;b7 ( su* title #g 7or successor regulation71 plus ! simple av]age ( ! advanc$ pric+ factors comput$ 9 sections #ajjj4ej7q77#a7 & #ajjj4ej7q77#b7 ( su* title #g 7or successor regulation71 plus #j4gd44 7b7 ,effective date & implem5tation 7#a7 ,effective date ,! am5dm5t made by subsection 7a7 %all take effect on ! fir/ day ( ! fir/ mon? beg9n+ m ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act4 7#b7 ,implem5tation ,implem5tation ( ! am5dm5t made by subsection 7a7 is n subject to any ( ! foll[+3 7,a7 ,! notice & comm5t provisions ( section #eec ( title #e1 ,unit$ ,/ates ,code4 7,b7 ,! notice & he>+ requirem5ts ( p>agraphs 7#c7 & 7#d7 ( section #h;c ( ! ,agricultural ,adju/m5t ,act 7#g ,u4,s4,c4 #fjh;c71 re5act$ ) am5dm5ts by ! ,agricultural ,m>ket+ ,agreem5t ,act ( #aicg4 7,c7 ,! ord] am5dm5t requirem5ts ( section #h;c7#ag7 ( su* ,act 7#g ,u4,s4,c4 #fjh;c7#ag774 7,d7 ,a ref]5dum "u section #h;c7#ai7 ( su* ,act 7#g ,u4,s4,c4 #fjh;c7#ai774 #d4 ,ext5sion ( dairy =w>d pric+ program ,section #aejb7;e7 ( ! ,food1 ,cons]vation1 & ,en]gy ,act ( #bjjh 7#g ,u4,s4,c4 #hggb7;e77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ #bjah & ins]t+ #bjbc2 & 7#b7 9 p>agraph 7#b71 by /rik+ #bjba & ins]t+ #bjbf4 #e4 ,ext5sion ( dairy indemnity program ,section #c ( ,public ,law #ij-dhd 7#g ,u4,s4,c4 #dejl7 is am5d$ by /rik+ #bjah & ins]t+ #bjbc4 #f4 ,ext5sion ( dairy promotion & rese>* program ,section #aac7;e77#b7 ( ! ,dairy ,production ,/abilization ,act ( #aihc 7#g ,u4,s4,c4 #dejd7;e77#b77 is am5d$ by /rik+ #bjah & ins]t+ #bjbc4 #g4 ,repeal ( dairy product donation program ,section #adca ( ! ,agricultural ,act ( #bjad 7#g ,u4,s4,c4 #ijga7 is repeal$4