Livestock Indemnity Program: Difference between revisions
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Latest revision as of 22:47, 28 December 2024
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The Livestock Indemnity Program (LIP) is a program periodically authorized and funded on an emergency basis by Congress to compensate livestock producers for losses caused by a natural disaster. Under the program, a payment is made to help producers defray the cost of replenishing their herds when livestock are killed by a natural disaster.
