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TeachMeFinance.com - explain Flood risk reduction program Flood risk reduction program The term 'Flood risk reduction program ' as it applies to the area of agriculture can be defined as ' Provides for contracts for producers on farms that have contract acreage under Title I of the FAIR Act of 1996 that are frequently flooded. Individuals can receive up to 95% of transition payments and projected crop insurance payments in lieu of market transition payments. In return, producers must comply with swampbuster and conservation compliance provisions and forego future conservation program payments and disaster payments. Though authorized, this program has not yet been implemented'. Previous 5 Terms: Flood pool index Flood Potential Outlook Flood Prevention Flood Problems Flood Profile Next 5 Terms: Flood routing Flood severity Flood severity understanding Flood stage Flood Statement (FLS) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.