7 U.S.C. § 1308–5 — Treatment of multiyear program contract payments
submitted 36 years ago by Pub. L. 99-198 to r/title-7-AGRICULTURE · 127 words · no verdicts yet
When land passes by a will or inheritance and the new owner takes over the prior owner’s conservation contract, the Secretary may pay the new owner without counting earlier payments under other such contracts. The payments cannot exceed what the prior owner could have received when the prior owner died.
(a) In general. Despite any other law, when ownership of land or an ownership interest in land transfers by devise or descent, the Secretary* of Agriculture may pay the new owner under the prior owner’s title XII contract if the new owner succeeds to that contract. The payment need not be limited by the amount the new owner received under a title XII contract executed before the devise or descent.
(b) Limitation. Payments under this section cannot exceed the amount the prior owner was entitled to receive under the contract when the prior owner died.
Notwithstanding any other provision of law, in the event of a transfer of ownership of land (or an ownership interest in land) by way of devise or descent, the Secretary* of Agriculture may, if the new owner succeeds to the prior owner’s contract entered into under title XII,1 make payments to the new owner under such contract without regard to the amount of payments received by the new owner under any contract entered into under title XII 1 executed prior to such devise or descent.
Payments made pursuant to this section shall not exceed the amount to which the previous owner was entitled to receive under the terms of the contract at the time of the death of the prior owner.
Source credit: (Pub. L. 99–198, title X, § 1001F, formerly § 1001E, as added Pub. L. 101–624, title XI, § 1111(h), Nov. 28, 1990, 104 Stat. 3499; renumbered § 1001F, Pub. L. 107–171, title I, § 1604(1), May 13, 2002, 116 Stat. 215.)
- 1990Enacted · Pub. L. 99-198 · 104 Stat. 3499
- 2002Amended · Pub. L. 107-171 · 116 Stat. 215
A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-198 on 1990-11-28.
all 0 arguments · sorted by: best
no arguments yet — make the first case