>  Term: market loss payments
market loss payments

Term used in the Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277, October 21, 1998), to describe the one-time $3.1 billion in emergency income support payments authorized for eligible grain, cotton, and dairy farmers. The act states that such funds are to compensate farmers for the loss of 1998 income caused by "regional economic dislocation, unilateral trade sanctions, and the failure of the government to pursue trade opportunities aggressively."

0 0

작성자

  • AjayOwor
  •  (Gold) 1463 포인트
  • 100% positive feedback
© 2024 CSOFT International, Ltd.