Friday, December 11, 2009

Payment Limitation Rules Proposed by Christmas?

From the Delta Farm Press:

“I expect — and I don’t want to create any more anxiety out there than already exists — but I expect we will be announcing our proposals for rules governing payment limits and actively engaged as well as a memorandum of agreement with the IRS,” said James W. Miller, undersecretary of agriculture for farm and foreign agricultural services.
Miller, the keynote speaker at the USA Rice Federation’s Rice Outlook Conference in New Orleans on Thursday, said he anticipates the regulations for the new payment limit rules and the implementation of the new crop disaster program known as SURE, could be published by the end of the year.
I might even rouse myself to read the darn thing (I assume an interim final rule) but I'm sure it will be fun and games for FSA and farmers to figure out.

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