General
Are livestock and/or animal bi-products eligible for ERP Phase 2?
No, neither livestock nor animal bi-products are eligible. ERP Phase 2 only pays on crop losses.
True or False. If a producer has a decrease in operation capacity, they must adjust their benchmark year revenue.
True
How many ERP Phase 2 applications can a producer have?
ONE application in their Recording County.
Which of the following items should be recorded in the Executive Session of the COC minutes?
A. Approvals/Disapprovals
B. Payment amounts
C. Requests for supporting documentation
D. COC Adjustments
E. All of the above
E. All of the above
True or False. ERP Phase 2 payments are subject to administrative offset.
True
True or False - If I filed an FSA-510 for crop year 2021 in Phase 1, I need to file a new FSA-510 for Program Year 2021 if I also apply for Phase 2.
FALSE – The FSA-510 filed for 2021 is sufficient for both phases of ERP for the 2021 crop/program/ disaster year.
I applied for both Disaster Years 2020 and 2021. Can I use my 2021 tax year revenue for both Disaster Years?
No.
You must use 2020 or 2021 for Disaster Year 2020. You must use 2021 or 2022 for Disaster Year 2021.
What two forms constitute a complete application?
FSA-521 - Phase 2 Application and
FSA-522 - Agreement to Purchase Crop Insurance or NAP
*Note: Eligibility documentation is required within 60 days of the Phase 2 application deadline (if not already on file)
The COC disapproved or adjusted the FSA-521. Am I required to provide applicable appeal rights according to 1-APP?
Yes.
*Note: You must notify the producer, provide applicable appeal rights, thoroughly document the reason for the adjustment or disapproval l in the COC minutes, and adjust or disapprove the FSA-521 in the ERP system.
Do underserved producers receive an increased payment amount if a CCC-860 is filed for the applicable program year(s)? If so, what is the percentage?
Yes. They receive an additional 15%.
If a FSA-510 exception is granted, the $125,000 payment limitation increases to what value for other crops? and what value for specialty/high value crops?
Other crops - $250,000
Specialty/High Value crops - $900,000
Should I include revenue from commodities such as livestock and animal bi-products in my allowable gross revenue?
No.
Revenue from ineligible crops should NOT be included in allowable gross revenue because they are not eligible commodities for ERP Phase 2. ERP Phase 2 pays only on CROP losses.
What are 3 application statuses which are new for ERP Phase 2?
Partially Approved, Partially Disapproved, and Split
True or False. A COC can "Approve" Part C (2020) and "Disapprove" Part D (2021) on a producer's ERP Phase 2 application.
True. This would result in an application status of "split".
The maximum payment amount will be _____ per program year (2020 and 2021) minus any phase 1 gross payments earned for that program year.
$2,000
*Note: The maximum payment amount will not apply after signup concludes and final payment factors are determined.
What are the coverage levels required to meet linkage on insured crops? and/or NAP eligible crops?
Insured crops: 60/100 or greater
NAP crops: 50/55 (catastrophic) or greater
If a producer grew wheat, corn and soybeans but only suffered a loss due to a qualifying disaster event on wheat, does the producer still include revenue from all eligible crops (wheat, corn, and soybeans) in his allowable gross revenue?
Yes
If a producer submits a paper application, what should you do?
Accept the application, scan in the application, upload the application into an electronic file in Box, and keep the paper application on file until further guidance is received on how to handle storing paper applications.
If needed, supporting documentation will be requested, in writing, within how many calendar days?
30 calendar days
What is the sequestration percentage for ERP Phase 2?
Sequestration does NOT apply to ERP Payments.
Is a Schedule F, or applicable tax form, acceptable supporting documentation for allowable gross revenue? Why? or Why not?
A Schedule F is NOT acceptable because it is a certification in itself. When you file your taxes, you are certifying to your information on the tax return. Therefore, it cannot be used as certification for the application. The line items on the Schedule F can only be of assistance to the producer with their certification.
How does an applicant determine allowable gross revenue for benchmark and disaster years?
Producer certification of allowable gross revenue for the selected Benchmark Year and Disaster Year
As a producer filing an ERP Phase 2 application, am I required to submit documentation to support my certifications on the FSA-521 at the time of filing my application?
No. There is no requirement. It will be requested, if needed.
True or False. The COC may adjust allowable gross revenue for the disaster year but not the benchmark year.
False.
They may adjust:
-Percentage of expected revenue from specialty & high value crops
-Percentage of expected revenue from other crops
-Benchmark revenue
-Disaster year revenue
Out of the following, which payment calculation item is certified by the producer on the application?
A. ERP Phase 1 gross payment
B. Disaster Year Revenue
C. CFAP 1 Net Payment
B. Disaster Year Revenue
*Note: Benchmark revenue, disaster year revenue, and % of expected revenue are certified by the producer. All other data elements computing the payment are provided by the automated software.