Agricultural Market Transition Act (AMTA)

Business / Agriculture / Agricultural Market Transition Act (AMTA): Title I of the FAIR Act of 1996. It allows farmers who have participated in the wheat, feed grain, cotton, and rice programs in any one of the 5 years prior to 1996 to enter into 7-year production flexibility contracts for 1996-2002. Total national production flexibility contract payments (sometimes called AMTA payments, or contract payments) for each fiscal year are fixed in the law. The AMTA allows farmers to plant 100% of their total contract acreage to any crop except fruits and vegetables, and receive a full payment. Land must be maintained in agricultural uses. Unlimited haying and grazing and planting and harvesting alfalfa and other forage crops are permitted with no reduction in payments.

Other Words for Act

Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
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Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
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Other Words for Transition

Transition Adjective Synonyms: change, alteration, metamorphosis, change-over, transformation, transmutation, mutation, development, evolution, conversion, modification, metastasis
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Contract Payments Under AMTA

Business / Agriculture / Contract Payments Under AMTA: Some $36 billion in payments to be made to farmers for contract crops for fiscal years 1996-2002 under Title I of the FAIR Act of 1996, known as the Agricultural Market Transition Act (AMTA). The tota MORE

National Labor Relations Act (NLRA) Of 1947

Business / Human Resources (HR) / National Labor Relations Act (NLRA) Of 1947: The National Labor Relations Act (NLRA), passed in 1935, provides that all employees have the right to form, join and assist labor organizations and to bargain collectively with their employers. MORE

National Forest Management Act (NFMA) Of 1976

Business / Agriculture / National Forest Management Act (NFMA) Of 1976: P.L. 94-588 (October 22, 1976) largely amended the Forest and Rangeland Renewable Resources Planning Act of 1974, which required a national, strategic planning process for renewable resources for the MORE

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