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The 2008 Farm Bill reauthorized the Milk Income Loss Contact Program (MILC). USDA issues MILC payments on an operation-by-operation basis. Beginning with Fiscal Year 2009 marketings, which started Oct. 1, 2008, the Farm Bill made changes to the provisions for payment eligibility to add an adjusted gross income (AGI) limit. If the individual or entity has annual non-farm AGI for the relevant base period greater than $500,000, the individual or entity is not eligible for MILC benefits.
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