Family Dairy Farmer and Rural Community Rescue Act of 2002
Last action on Oct 23, 2002Referred to the Subcommittee on Livestock and Horticulture.
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Summary
Family Dairy Farmer and Rural Community Rescue Act of 2002 - Directs the Secretary of Agriculture to carry out counter-cyclical income support programs for dairy producers in participating and nonparticipating States through 2011. (Each State to be a participant unless it elects otherwise.) Limits individual or entity payments to 230,000 pounds of milk per month.
Provides with respect to the participating State program for: (1) specified marketing area target prices; (2) five regional supply management districts; (3) specified payment rates; and (4) establishment in the Treasury of a National Dairy Producers Trust Fund.
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