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Farm Bill 2002: Income Impacts of House Ag. Committee’s Proposal

About This Publication

The 1996 Farm Bill — more formally known as the Federal Agriculture Improvement and Reform (FAIR) Act — legislates the Agricultural Market Transition Act (AMTA) payments that farmers currently receive. This Bill and its associated AMTA payments will expire at the end of 2002. Sometime between now and early 2003 a new Farm Bill likely will be enacted by Congress. This “2002 Farm Bill” will replace the 1996 Farm Bill.

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