Maine Revised Statutes Title 7 Sec. 3153-A – Dairy stabilization subsidy
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Terms Used In Maine Revised Statutes Title 7 Sec. 3153-A
- Maine Milk Pool: means the sum of collections as prescribed in section 3153, from Maine market producers. See Maine Revised Statutes Title 7 Sec. 3152
- Month: means a calendar month. See Maine Revised Statutes Title 1 Sec. 72
- United States: includes territories and the District of Columbia. See Maine Revised Statutes Title 1 Sec. 72
If the base price of milk falls below $16.94 per hundredweight in any month beginning September 1, 2003 and ending May 31, 2004, the administrator of the Maine Milk Pool shall distribute to Maine milk producers on a per hundredweight basis 40% for the months of January to May 2004 of the difference between $16.94 per hundredweight and the base price of milk per hundredweight. The amount distributed for milk produced during the period between January 1, 2004 and May 31, 2004 may not exceed $2,100,000. The Governor shall provide these funds to the Maine milk pool administrator for distribution to Maine milk producers, as provided for in this section, during the months of October 2003 to June 2004. The base price of milk is the Suffolk County, Massachusetts Class I price of milk as determined for each month by the Northeast Market Administrator of the United States Department of Agriculture. [PL 2003, c. 522, §1 (AMD).]
SECTION HISTORY
PL 2003, c. 120, §2 (NEW). PL 2003, c. 522, §1 (AMD).