FSMA Inflation Adjusted Cut Offs
Implicit Price Deflators for Gross Domestic Product (GDP)
Several FSMA rules have provisions in which a value is adjusted for inflation and averaged over 3 years. We provide the values based on Price Deflators for Gross Domestic Product (GDP) and the average for the most recent 3 years for the applicable rules below. The GDP deflator is not a static number, and changes monthly. We intend to update the values at the beginning of April each year.
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|---|---|---|---|
| GDP Deflator | 98.118 | 100 | 101.754 | 103.667 | 104.755 | 105.903 | 107.903 | 110.308 | 112.345 |
If you choose to use the information below to determine whether your facility, farm, or other operation (depending on the relevant FSMA rule) had average annual sales/revenue below the most recent adjusted cut-off, you would:
- Determine your annual sales and/or revenue information (depending on the FSMA rule) for each of these years: 2017, 2018, and 2019;
- Calculate your average annual sales/revenue for those three years;
- Compare your three-year average to the value posted in the column titled “Average 3 Year Value for 2017 – 2019.”
Qualified Facility: Definition 1: Very Small Business - a facility averaging less than $1 million (adjusted for inflation) in annual sales per year during the 3-year period preceding the applicable calendar year in sales of human food plus the market value of human food manufactured, processed, packed, or held without sale.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $1,000,000 | $1,019,181 | $1,037,057 | $1,056,554 | $1,067,643 | $1,079,343 | $1,099,727 | $1,124,238 | $1,144,999 | $1,122,988 |
Qualified Facility: Definition 2: 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 and sales to qualified end-users during such period exceeded the average annual monetary value of the food sold by such facility to all other purchasers.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $500,000 | $509,590 | $518,529 | $528,277 | $533,822 | $539,672 | $549,863 | $562,119 | $572,499 | $561,494 |
Qualified Facility: Definition 1: Very Small Business - a facility averaging less than $2.5 million (adjusted for inflation) in annual sales per year during the 3-year period preceding the applicable calendar year in sales of animal food plus the market value of animal food manufactured, processed, packed, or held without sale.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $2,500,000 | $2,547,952 | $2,592,644 | $2,641,386 | $2,669,108 | $2,698,358 | $2,749,317 | $2,810,595 | $2,862,497 | $2,807,470 |
Qualified Facility: Definition 2: 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, and sales to qualified end-users during such period exceeded the average annual monetary value of the food sold by such facility to all other purchasers.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $500,000 | $509,590 | $518,529 | $528,277 | $533,822 | $539,672 | $549,863 | $562,119 | $572,499 | $561,494 |
Qualified Exemption: A farm is eligible for a qualified exemption if 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, and sales to qualified end-users during such period exceeded the average annual monetary value of the food sold by such farm to all other buyers.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $500,000 | $509,590 | $518,529 | $528,277 | $533,822 | $539,672 | $549,863 | $562,119 | $572,499 | $561,494 |
Not covered farm: A farm or farm mixed-type facility with an average annual monetary value of produce sold during the previous 3-year period of less than $25,000 (on a rolling basis).
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $25,000 | $25,480 | $25,926 | $26,414 | $26,691 | $26,984 | $27,493 | $28,106 | $28,625 | $28,075 |
Very Small Importer: Definition 1 for Human Food – an importer (including any subsidiaries and affiliates) averaging less than $1 million per year, adjusted for inflation, during the 3-year period preceding the applicable calendar year in sales of human food combined with the U.S. market value of human food imported, manufactured, processed, packed, or held without sale.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $1,000,000 | $1,019,181 | $1,037,057 | $1,056,554 | $1,067,643 | $1,079,343 | $1,099,727 | $1,124,238 | $1,144,999 | $1,122,988 |
Very Small Importer: Definition 2 for Animal Food - an importer (including any subsidiaries and affiliates) averaging less than $2.5 million per year, adjusted for inflation, during the 3-year period preceding the applicable calendar year in sales of animal food combined with the U.S. market value of animal food imported, manufactured, processed, packed, or held without sale.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $2,500,000 | $2,547,952 | $2,592,644 | $2,641,386 | $2,669,108 | $2,698,358 | $2,749,317 | $2,810,595 | $2,862,497 | $2,807,470 |
Non-covered business: Shipper, loader, receiver, or carrier engaged in transportation operations that has less than $500,000, as adjusted for inflation, in average annual revenues, calculated on a rolling basis, during the 3-year period preceding the applicable calendar year.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $500,000 | $509,590 | $518,529 | $528,277 | $533,822 | $539,672 | $549,863 | $562,119 | $572,499 | $561,494 |
Very Small business: A business (including any subsidiaries and affiliates) averaging less than $10,000,000, adjusted for inflation, per year, during the 3-year period preceding the applicable calendar year in sales of human food plus the market value of human food manufactured, processed, packed, or held without sale.
| Baseline Value for Cut-offs (2011) | Value in 2012 | Value in 2013 | Value in 2014 | Value in 2015 | Value in 2016 | Value in 2017 | Value in 2018 | Value in 2019 | Average 3 Year Value for 2017 - 2019 |
|---|---|---|---|---|---|---|---|---|---|
| $10,000,000 | $10,191,810 | $10,370,574 | $10,565,544 | $10,676,430 | $10,793,432 | $10,997,269 | $11,242,382 | $11,449,989 | $11,229,880 |