TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 690 BUSINESS INTERRUPTION GRANT PROGRAM SECTION 690.220 AGRICULTURE BUSINESS INTERRUPTION PROGRAM (ABIP)
Section 690.220 Agriculture Business Interruption Program (ABIP)
a) In order to qualify for financial assistance under ABIP, an applicant must be a livestock owner or producer that experienced monetary losses due to the disruption of the livestock market caused by the COVID-19 emergency.
b) Financial assistance for losses incurred due to market disruption will be based on the following calculations:
1) Swine (market ready hogs greater than 280 lbs.) − $8/head. Pricing is calculated based on a 15-day holding period. Culled breeding stock and sow abortions are not eligible.
2) Beef cattle (market ready fed cattle greater than 1,200 lbs.) − $30/head. Pricing is calculated at 50% of a 15-day holding period. Culled breeding stock is not eligible.
3) Dairy cattle (market ready animal or product) − $1.00/hundredweight. Pricing is calculated based on the producer's production records.
4) Lamb (less than 2 years of age) − $4/head.
5) Poultry − $3/head.
6) Meat Goats − $4/head.
c) Financial assistance under the ABIP will be issued under the following conditions:
1) An applicant is eligible to receive up to $10,000 total under ABIP.
2) Eligible expenses are increased input costs and expenses associated with holding animals and animal-related products for an extended period of time, based on the calculations set forth in this Section, due to the disruption of the livestock market that occurred between April 15 and May 15, 2020.
3) If an applicant is located in a disproportionately impacted area, the amount of financial assistance will be increased by 10%.
d) Applicants for ABIP must submit the following documentation:
1) Completed application;
2) IRS Form W-9;
3) Certification from the applicant verifying applicable losses due to the disruption in the market; and
4) Inventory records documenting total site inventories and sales information. |