Section 955.40  Definition of Limited Resource Farmer

a)         Source

The Department incorporates the Secretary's definition of a limited resource farmer as stated in subsection (b).

b)         Definition

1)         A limited resource farmer is a farmer that has:

A)        direct or indirect gross farm sales that are less than the current indexed value in each of the previous 2 years; and

B)        a total household income at or below the national poverty level for a family of 4, or less than 50% of the county median household income in each of the previous 2 years.

2)         An entity or joint operation can be a limited resource famer if all individual members independently qualify.

3)         The Secretary maintains an online tool that allow users to determine whether they meet the qualifications to be a limited resource farmer (https://lrftool.sc.egov.usda.gov/LRP_Definition.aspx).