This rule provides relief for a special Flood Compensation Program for farmers in certain counties affected by long-term flooding. Twelve million dollars have been made available from proceeds from a disaster reserve under section 813 of the Agricultural Act of 1970. Another thirty million dollars have been made available using funds under section 1102(c) of the Agriculture, Rural Development, Food and Drug Administration, and Related Appropriations Act, 1999 (1999 Act). Farmers can, subject to certain payment limits, receive payment for the loss of the use of cropland or pastureland in eligible counties during the period from October 1, 1997 through September 30, 1998. The county must have been declared a disaster area under a Presidential Declaration or Secretarial Designation during a period specified in the rules and land on at least one farm in the county must be cropland or pasture land that was flooded sometime after October 1, 1992. Other limitations also apply. Applicants for assistance must own or have a binding cash lease on the property and have owned it or leased it continuously since October 1, 1997. These rules are designed to address circumstances where changes in bodies of water may have produced widespread losses that might not otherwise generate assistance under other programs. At least $12 million of the total $42 million will be reserved for livestock producers because of the special needs of such producers.