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H.R. 3904 · 118th Congress

Crop Insurance for Future Farmers Act

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers.

What it does: CRS summary · Introduced in House · Jun 7, 2023

Crop Insurance for Future Farmers Act

This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers.

Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide

  • 15 percentage points in each of the 1st and 2nd reinsurance years,
  • 13 percentage points in the 3rd year,
  • 11 percentage points in the 4th year, and
  • 10 percentage points in each of the 5th through the 10th reinsurance years.

The bill also amends the FCIP definition of beginning farmer or rancher to include a farmer or rancher who has not actively operated and managed a farm or ranch for more than 10 crop years (currently more than 5 crop years).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Crop Insurance for Future Farmers Act

Latest action (Jul 28, 2023): Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Policy area: Agriculture and Food · Origin: House · Introduced: Jun 7, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.