Don't show this message again
7 U.S. Code § 1308. Payment limitations
(a) DefinitionsIn this section through section 1308–5 of this title:
(1) Covered commodity
The term “covered commodity” has the meaning given that term in section 1111 of the Agricultural Act of 2014 (7 U.S.C. 9011).
(2) Family member
The term “family member” means a person to whom a member in the farming operation is related as lineal ancestor, lineal descendant, sibling, first cousin, niece, nephew, spouse, or otherwise by marriage.
(3) Legal entityThe term “legal entity” means an entity that is created under Federal or State law and that—
(A)
owns land or an agricultural commodity; or
(B)
produces an agricultural commodity.
(4) Person
The term “person” means a natural person, and does not include a legal entity.
(5) Secretary
The term “Secretary” means the Secretary of Agriculture.
(b) Limitation on payments for covered commodities (other than peanuts)
The total amount of payments received, directly or indirectly, by a person or legal entity (except a joint venture or general partnership) for any crop year under sections 1116 and 1117 of the Agricultural Act of 2014 (7 U.S.C. 9016, 9017) (other than for peanuts) may not exceed $125,000.
(c) Limitation on payments for peanuts
The total amount of payments received, directly or indirectly, by a person or legal entity (except a joint venture or general partnership) for any crop year under sections 1116 and 1117 of the Agricultural Act of 2014 (7 U.S.C. 9016, 9017) for peanuts may not exceed $125,000.