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TeachMeFinance.com - explain No net cost No net cost The term 'No net cost ' as it applies to the area of agriculture can be defined as ' A provision requiring that a price support program be operated at no cost to the federal government. The No-Net-Cost Tobacco Act of 1982 required the participants in the 1982 and subsequent year tobacco programs to pay an assessment to cover potential losses in operating the tobacco price support program. The Food Security Act of 1985 required that USDA operate the sugar program at no cost. This provision applied through the 1996 crop year for the sugar crops, and was repealed by the FAIR Act of 1996. The 1996 changes to the peanut program are designed to ensure that it also operates at no cost'. Previous 5 Terms: NMRS Nnpi Enumerator No action alternative No apparent public health hazard No jeopardy opinion Next 5 Terms: No Net Cost Tobacco Act of 1982 No net loss wetlands policy No observable adverse effect level (NOAEL) No public health hazard No. 1 diesel fuel 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.