e-CFR data is current as of February 25, 2021 |
Title 21 → Chapter I → Subchapter B → Part 112 → Subpart A → §112.5 |
Title 21: Food and Drugs
PART 112—STANDARDS FOR THE GROWING, HARVESTING, PACKING, AND HOLDING OF PRODUCE FOR HUMAN CONSUMPTION
Subpart A—General Provisions
(a) A farm is eligible for a qualified exemption and associated modified requirements in a calendar year if:
(1) During the previous 3-year period preceding the applicable calendar year, the average annual monetary value of the food (as defined in §112.3) the farm sold directly to qualified end-users (as defined in §112.3) during such period exceeded the average annual monetary value of the food the farm sold to all other buyers during that period; and
(2) The average annual monetary value of all food (as defined in §112.3) the farm sold during the 3-year period preceding the applicable calendar year was less than $500,000, adjusted for inflation.
(b) For the purpose of determining whether the average annual monetary value of all food sold during the 3-year period preceding the applicable calendar year was less than $500,000, adjusted for inflation, the baseline year for calculating the adjustment for inflation is 2011.
[80 FR 74547, Nov. 27, 2015, as amended at 84 FR 12490, Apr. 2, 2019]