7 CFR 9.303 – Producer eligibility requirements
(a) To be eligible for PARP, a producer must:
Terms Used In 7 CFR 9.303
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) Have been in the business of farming in the 2020 calendar year;
(2) Have had at least a 15 percent decrease in allowable gross revenue for the 2020 calendar year, as compared to the:
(i) Actual allowable gross revenue for the 2018 or 2019 calendar year, whichever is reflective of a typical year, as elected by the producer, if the producer had allowable gross revenue in the 2018 or 2019 calendar year; or
(ii) Producer’s expected allowable gross revenue for the 2020 calendar year, if the producer had no allowable gross revenue for the 2018 and 2019 calendar years; and
(3) Meet all other requirements for eligibility under this subpart.
(b) To be eligible for a PARP payment, a producer must be a:
(1) Citizen of the United States;
(2) Resident alien, which for purposes of this subpart means “lawful alien” as defined in part 1400 of this title;
(3) Partnership organized under State Law;
(4) Corporation, limited liability company, or other organizational structure organized under State law;
(5) Indian Tribe or Tribal organization, as defined in section 4(b) of the Indian Self-Determination and Education Assistance Act (25 U.S.C. § 5304); or
(6) Foreign person or foreign entity who meets all requirements as described in 7 CFR part 1400.