(a) Any person that has qualifying gross revenues in excess of $2,500,000 annually, as determined by the Secretary, shall not be eligible to receive any livestock emergency benefits under this subchapter.
(b) For purposes of this section, the term qualifying gross revenue means
(1) if a majority of the persons annual income is received from farming and ranching operations, the gross revenue from the persons farming and ranching operations; and
(2) if less than a majority of the persons annual income is received from farming and ranching operations, the persons gross revenue from all sources.
