submit to the Secretary a completed application for 
the payments. 
(2) INTEREST.—If the Secretary does not make 
payments to the producers on a farm by the date de-
scribed in paragraph (1), the Secretary shall pay to 
the producers on a farm interest on the payments at 
a rate equal to the current (as of the sign-up dead-
line established by the Secretary) market yield on 
outstanding, marketable obligations of the United 
States with maturities of 30 years. 
SEC. 102. LIVESTOCK ASSISTANCE. 
(a) LIVESTOCK COMPENSATION PROGRAM.— 
(1) USE OF COMMODITY CREDIT CORPORATION 
FUNDS.—The Secretary shall use funds of the Com-
modity Credit Corporation to carry out the 2002 
Livestock Compensation Program announced by the 
Secretary on October 10, 2002 (67 Fed. Reg. 
63070), to provide compensation for livestock losses 
during calendar years 2005, 2006, and 2007 for 
losses that occurred before the date of the enactment 
of this Act (including wildfire disaster losses in the 
State of Texas and other States and losses due to 
blizzard in the States of Colorado, Kansas, Ne-
braska, New Mexico, and Oklahoma) due to a dis-
aster, as determined by the Secretary, except that 
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the payment rate shall be 75 percent of the payment 
rate established for the 2002 Livestock Compensa-
tion Program. 
(2) ELIGIBLE
APPLICANTS.—In carrying out 
the program described in paragraph (1), the Sec-
retary shall provide assistance to any applicant 
that— 
(A)(i) conducts a livestock operation that 
is located in a disaster county, including any 
applicant conducting a livestock operation with 
eligible livestock (within the meaning of the 
livestock assistance program under section 
101(b) of division B of Public Law 108–324 
(118 Stat. 1234)); or 
(ii) produces an animal described in sec-
tion 10806(a)(1) of the Farm Security and 
Rural Investment Act of 2002 (21 U.S.C. 
321d(a)(1)); and 
(B) meets all other eligibility requirements 
established by the Secretary for the program. 
(3) ELECTION OF LOSSES.—If a producer in-
curred livestock losses in more than one of the 2005, 
2006, or 2007 calendar years, the producer shall 
elect to receive payments under this subsection for 
losses incurred in only one of such calendar years. 
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The producer may not receive payments under this 
subsection for more than one calendar year. 
(4) MITIGATION.—In determining the eligibility 
for or amount of payments for which a producer is 
eligible under the livestock compensation program, 
the Secretary shall not penalize a producer that 
takes actions (recognizing disaster conditions) that 
reduce the average number of livestock the producer 
owned for grazing during the production year for 
which assistance is being provided. 
(5) LIMITATION.—The Secretary shall ensure, 
to the maximum extent practicable, that no producer 
on a farm receives duplicative payments under this 
subsection and another Federal program with re-
spect to any loss. 
(b) LIVESTOCK INDEMNITY PAYMENTS.— 
(1) IN GENERAL.—The Secretary shall use such 
sums as are necessary of funds of the Commodity 
Credit Corporation to make livestock indemnity pay-
ments to producers on farms that have incurred live-
stock losses during calendar years 2005, 2006, and 
2007 for losses that occurred prior to the date of en-
actment of this Act (including wildfire disaster 
losses in the State of Texas and other States and 
losses due to blizzard in the States of Colorado, 
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Kansas, Nebraska, New Mexico, and Oklahoma) due 
to a disaster, as determined by the Secretary, includ-
ing losses due to hurricanes, floods, anthrax, 
wildfires, and blizzards. 
(2) ELECTION OF LOSSES.—If a producer in-
curred livestock losses in more than one of the 2005, 
2006, or 2007 calendar years, the producer shall 
elect to receive payments under this subsection for 
losses incurred in only one of such calendar years. 
The producer may not receive payments under this 
subsection for more than one calendar year. 
(3) PAYMENT RATES.—Indemnity payments to 
a producer on a farm under paragraph (1) shall be 
made at a rate of not less than 30 percent of the 
market value of the applicable livestock on the day 
before the date of death of the livestock, as deter-
mined by the Secretary. 
(c) LIMIT ON AMOUNT OF ASSISTANCE.—The Sec-
retary shall ensure, to the maximum extent practicable, 
that no producer on a farm receives duplicative payments 
under this section and any other Federal program for the 
same loss. 
SEC. 103. REDUCTION IN PAYMENTS. 
The amount of any payment for which a producer is 
eligible under this title shall be reduced by any amount 
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received by the producer for the same loss or any similar 
loss under— 
(1) the Department of Defense, Emergency 
Supplemental Appropriations to Address Hurricanes 
in the Gulf of Mexico, and Pandemic Influenza Act, 
2006 (Public Law 109–148; 119 Stat. 2680); or 
(2) an agricultural disaster assistance provision 
contained in the announcement of the Secretary on 
January 26, 2006. 
TITLE II—FARM SERVICE 
AGENCY 
SEC. 201. FUNDING FOR ADDITIONAL PERSONNEL. 
The Secretary shall use $23,000,000 of funds of the 
Commodity Credit Corporation to hire additional County 
Farm Service Agency personnel— 
(1) to expedite the implementation of, and de-
livery under, the agricultural disaster and economic 
assistance programs under this Act; and 
(2) as the Secretary determines to be necessary 
to carry out other agriculture and disaster assist-
ance programs. 
TITLE III—MISCELLANEOUS 
SEC. 301. REGULATIONS. 
(a) IN GENERAL.—The Secretary may promulgate 
such regulations as are necessary to implement this Act. 
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