**(a) Election required** For the 2014 through 2018 crop years (except as provided in subsection (g)) and for the 2019 through 2031 crop years (subject to subsection (h)), all of the producers on a farm shall make a 1-time, irrevocable election to obtain—
(1) price loss coverage under [section 9016 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9016&num=0&edition=prelim) on a covered commodity-by-covered-commodity basis; or
(2) agriculture risk coverage under [section 9017 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9017&num=0&edition=prelim).
**(b) Coverage options** In the election under subsection (a) or (h), as applicable, the producers on a farm that elect to obtain agriculture risk coverage shall unanimously select whether to receive agriculture risk coverage payments based on—
(1) county coverage applicable on a covered commodity-by-covered-commodity basis; or
(2) individual coverage applicable to all of the covered commodities on the farm.
**(c) Effect of failure to make unanimous election** If all the producers on a farm fail to make a unanimous election under subsection (a) for the 2014 crop year, the 2019 crop year, or the 2026 crop year, as applicable—
(1) the Secretary shall not make any payments with respect to the farm for the 2014 crop year, the 2019 crop year, or the 2026 crop year, as applicable, under section 9016 or 9017 of this title; and
(2) subject to subsection (h), the producers on the farm shall be deemed to have elected, as applicable—
(A) price loss coverage for all covered commodities on the farm for the 2015 through 2018 crop years;
(B) the same coverage for each covered commodity on the farm for the 2020 through 2023 crop years as was app
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Stable record: federal_law:legal_authorities:record_usc_1710cfd006ba4d7ee75589c7 Source file: Laws/federal/codes/united-states-code/title-7/section-9016-producer-election--1ccdbf8b61.md Pages: Not recorded – Not recorded Passage SHA-256: e475c0f7f444b5748f892cf81749ead7990e0021cc125f6159bcd87cf14200d4 Retained source evidence SHA-256: 4a06e295a81d4a91da69d9b4dc3efaac85762fe495f616d55754de6489e39f1a
Source location: Title 7, Chapter 115, § 9016; chapter-115-agricultural-commodity-policy-and-programs.md
Stored source content
**(a) Election required** For the 2014 through 2018 crop years (except as provided in subsection (g)) and for the 2019 through 2031 crop years (subject to subsection (h)), all of the producers on a farm shall make a 1-time, irrevocable election to obtain—
(1) price loss coverage under [section 9016 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9016&num=0&edition=prelim) on a covered commodity-by-covered-commodity basis; or
(2) agriculture risk coverage under [section 9017 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9017&num=0&edition=prelim).
**(b) Coverage options** In the election under subsection (a) or (h), as applicable, the producers on a farm that elect to obtain agriculture risk coverage shall unanimously select whether to receive agriculture risk coverage payments based on—
(1) county coverage applicable on a covered commodity-by-covered-commodity basis; or
(2) individual coverage applicable to all of the covered commodities on the farm.
**(c) Effect of failure to make unanimous election** If all the producers on a farm fail to make a unanimous election under subsection (a) for the 2014 crop year, the 2019 crop year, or the 2026 crop year, as applicable—
(1) the Secretary shall not make any payments with respect to the farm for the 2014 crop year, the 2019 crop year, or the 2026 crop year, as applicable, under section 9016 or 9017 of this title; and
(2) subject to subsection (h), the producers on the farm shall be deemed to have elected, as applicable—
(A) price loss coverage for all covered commodities on the farm for the 2015 through 2018 crop years;
(B) the same coverage for each covered commodity on the farm for the 2020 through 2023 crop years as was applicable for the 2015 through 2018 crop years; and
(C) the same coverage for each covered commodity on the farm for the 2027 through 2031 crop years as was applicable for the 2025 crop year.
**(d) Effect of selection of county coverage** If all the producers on a farm select county coverage for a covered commodity under subsection (b)(1), the Secretary may not make price loss coverage payments under [section 9016 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9016&num=0&edition=prelim) to the producers on the farm with respect to that covered commodity.
**(e) Effect of selection of individual coverage** If all the producers on a farm select individual coverage under subsection (b)(2), in addition to the selection and election under this section applying to each producer on the farm, the Secretary shall consider, for purposes of making the calculations required by subsections (b)(2) and (c)(3) of [section 9017 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9017&num=0&edition=prelim), the producer’s share of all farms in the same State—
(1) in which the producer has an interest; and
(2) for which individual coverage has been selected.
**(f) Prohibition on reconstitution** The Secretary shall ensure that producers on a farm do not reconstitute the farm to void or change an election or selection made under this section.
**(g) Special election**
(1) **In general** — In the case of acres allocated to seed cotton on a farm, for the 2018 crop year, all of the producers on the farm shall be given the opportunity to make a new 1-time election under subsection (a) to reflect the designation of seed cotton as a covered commodity for that crop year under [section 9011(6)(B) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9011/6/B&num=0&edition=prelim).
(2) **Effect of failure to make unanimous election** — If all the producers on a farm fail to make a unanimous election under paragraph (1), the producers on the farm shall be deemed to have elected price loss coverage under [section 9016 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9016&num=0&edition=prelim) for acres allocated on the farm to seed cotton.
**(h) Option to change election**
(1) **In general** — For the 2021 crop year and each crop year thereafter, all of the producers on a farm may change the election under subsection (a), subsection (c), or this subsection, as applicable, to price loss coverage or agriculture risk coverage, as applicable.
(2) **Applicability** — An election change under paragraph (1) shall apply to—
(A) the crop year for which the election change is made; and
(B) each crop year thereafter until another election change is made under that paragraph.
**(i) Higher of price loss coverage payments and agriculture risk coverage payments** For the 2025 crop year, the Secretary shall, on a covered commodity-by-covered commodity basis, make the higher of price loss coverage payments under [section 9016 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9016&num=0&edition=prelim) and agriculture risk coverage county coverage payments under [section 9017 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section9017&num=0&edition=prelim) to the producers on a farm for the payment acres for each covered commodity on the farm.
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Federal law — U.S. Code and appendices · legal_authorities
§ 9016. Price loss coverage
(a) Price loss coverage payments
If all of the producers on a farm make the
election under subsection (a) or (h) of section
9015 of this title to obtain price loss coverage or,
subject to subsection (c)(1) of such section, are
deemed to have made such election under sub-
section (c)(2) of such section, the Secretary shall
make price loss coverage payments to producers
on the farm on a covered commodity-by-cov-
ered-commodity basis if the Secretary deter-
mines that—
(1) for any of the 2014 through 2018 crop
years—
(A) the effective price for the covered com-
modity for the crop year; is less than
(B) the reference price for the covered
commodity for the crop year; or
(2) for any of the 2019 through 2023 crop
years—
(A) the effective price for the covered com-
modity for the crop year; is less than
(B) the effective reference price for the
covered commodity for the crop year.
(b) Effective price
The effective price for a covered commodity
for a crop year shall be the higher of—
(1) the national average market price re-
ceived by producers during the 12-month mar-
keting year for the covered commodity, as de-
termined by the Secretary; or
(2) the national average loan rate for a mar-
keting assistance loan for the covered com-
modity in effect for such crop year under sub-
chapter II.
(c) Payment rate
(1) In general
(A) 2014 through 2018 crop years
For the 2014 through 2018 crop years, the
payment rate shall be equal to the difference
between—
(i) the reference price for the covered
commodity; and
(ii) the effective price determined under
subsection (b) for the covered commodity.
(B) 2019 through 2023 crop years
For the 2019 through 2023 crop years, the
payment rate shall be equal to the difference
between—
(i) t