H.R. 3107 · 112th Congress
Crop Risk Options Plan Act of 2011
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
NeugebauerSponsorNo cosponsors.
Crop Risk Options Plan Act of 2011 - Amends the Federal Crop Insurance Act to: (1) provide an agricultural producer with the option of purchasing additional crop insurance coverage (total coverage option) based on an area yield and loss basis instead of an individual yield and loss basis, (2) trigger additional coverage when area losses reach 10% of normal…
What it does: CRS summary · Introduced in House · Oct 5, 2011
Crop Risk Options Plan Act of 2011 - Amends the Federal Crop Insurance Act to: (1) provide an agricultural producer with the option of purchasing additional crop insurance coverage (total coverage option) based on an area yield and loss basis instead of an individual yield and loss basis, (2) trigger additional coverage when area losses reach 10% of normal levels, (3) limit indemnities to the amount of the deductible under the underlying individual policy, and (4) set premium subsidies for the additional coverage at not less than 60%.
Revises actual production history deteminations from a 10-year average to a 7-year average with the highest and lowest production year dropped from the average.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Crop Risk Options Plan Act of 2011
Latest action (Oct 14, 2011): Referred to the Subcommittee on General Farm Commodities and Risk Management.
Policy area: Agriculture and Food · Origin: House · Introduced: Oct 5, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.