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USDA/FSA

RIN: 0560-AH83

Publication ID: Fall 2008

Title: ●Milk Income Loss Contract (MILC) Program
Abstract: The final rule will implement the 2008 Farm Bill provisions relating to the Milk Income Loss Contract (MILC) Program. The Farm Bill reauthorizes the program through FY 2012. This rule increases the percentage rate for the payment calculation and increases the payment quantity limitation of eligible pounds of milk per operation beginning in fiscal year 2009; the increased amounts are specified in the 2008 Farm Bill. The final rule also provides for an increase to the MILC payment rate if feed costs increase above a specified level. The feed costs provision is new and required by the 2008 Farm Bill.
Agency: Department of Agriculture(USDA)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: 7 CFR 1430, subpart B (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: PL 110-246

Legal Deadline:

Action	Source	Description	Date
Final	Statutory		09/16/2008

Timetable:

Action	Date	FR Cite
Final Rule	11/00/2008

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Deirdre Holder Branch Chief, Regulatory Analysis and PRA Requirements Branch Department of Agriculture Farm Production and Conservation Business Center, 1400 Independence Avenue SW, Washington, DC 20250-0572 Phone:202 205-5851 Email: deirdre.holder@usda.gov