Funding is set at $10,000,000 a year from fiscal year 2026
What the document says“is amended, in the matter preceding subclause (I), by striking "for each fiscal year" and inserting "for each of fiscal years 2014 through 2025 and $10,000,000 for fiscal year 2026 and each fiscal year thereafter".”
The section strikes the words for each fiscal year in the matter preceding subclause (I) of section 516(b)(2)(C)(i) of the Federal Crop Insurance Act (7 U.S.C. 1516(b)(2)(C)(i)) and inserts words closing the older run at fiscal year 2025 and providing $10,000,000 for fiscal year 2026 and each fiscal year after.
What the document actually says“is amended, in the matter preceding subclause (I), by striking "for each fiscal year" and inserting "for each of fiscal years 2014 through 2025 and $10,000,000 for fiscal year 2026 and each fiscal year thereafter".”
Four words are taken out of an older law. Longer wording is put in. It ends one run of years and sets $10 million for later ones.
The old words ran on with no end. The new words stop at fiscal year 2025. From fiscal year 2026 the figure is $10 million a year.
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