Agricultural Management Assistance Program
Stored: Agricultural Management Assistance Program
| Type | Program |
|---|---|
| Sponsor Organization | U.S. Department of Agriculture |
| Top Organization | N/A |
| Creation Legislation | Agricultural Risk Protection Act of 2000 |
| Website | Website |
| Purpose | |
| Program Start | |
| Initial Funding | |
| Duration | |
| Historic | No |
In United States federal agriculture legislation, the Agricultural Management Assistance Program was authorized in the Agricultural Risk Protection Act of 2000 (P.L. 106-224, Sec. 133) and permanently authorized and amended in the 2002 farm bill (P.L. 107-171, Sec. 2501) to provide mandatory funding of $20 million annually from FY2003 through FY 2007 and $10 million in all other years (but annual appropriations laws have reduced the funding). Participants in 15 designated states, primarily in the northeast, that had been under-served by crop insurance are to receive financial assistance, not to exceed $50,000 per year, to help pay to install conservation practices and take other specified actions that will reduce their financial risk.
References
This article incorporates public domain material from Jasper Womach, Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, Congressional Research Service, http://ncseonline.org/nle/crsreports/05jun/97-905.pdf