Us Congress 2025-2026 Regular Session

Us Congress House Bill HB442

Introduced
1/15/25  
Refer
1/15/25  

Caption

Quality Loss Adjustment Improvement for Farmers Act

Impact

By instituting regular reviews, the bill aims to ensure that quality loss adjustments remain relevant and adaptive to changes in agricultural practices and market dynamics. The inclusion of stakeholder engagement procedures implies a greater emphasis on collaboration between policymakers and farmers, allowing for a more nuanced approach to addressing the challenges faced in agriculture. Proponents argue that these measures could result in more effective support for farmers during adverse conditions.

Summary

House Bill 442, titled the 'Quality Loss Adjustment Improvement for Farmers Act,' seeks to amend the Federal Crop Insurance Act, specifically focusing on quality loss adjustment coverage. The bill mandates that beginning in 2025, the Corporation will conduct periodic reviews of the quality loss adjustment procedures every five years. This review will involve engaging regionally diverse industry stakeholders to provide comprehensive insights into agricultural outcomes that the bill aims to support.

Contention

Notable points of contention may arise around the provisions related to regionally dependent discount factors for crops, such as soybeans, which are to be established in the event of natural disasters or market fluctuations. Critics may express concerns about how these factors are determined and whether they adequately reflect the challenges faced by diverse agricultural sectors. Additionally, the requirement for stakeholder engagement could either be viewed as a necessary step toward inclusivity or as an administrative burden depending on one's perspective on governance in agricultural policy.

Congress_id

119-HR-442

Policy_area

Agriculture and Food

Introduced_date

2025-01-15

Companion Bills

US SB1117

Same As Quality Loss Adjustment Improvement for Farmers Act

Previously Filed As

US HB8436

Quality Loss Adjustment Improvement for Farmers Act

US SB4353

Quality Loss Adjustment Improvement for Farmers Act

US HB5698

Assisting Family Farmers through Insurance Reform Measures Act

US HB442

Regulatory Accountability Act This bill expands and provides statutory authority for notice-and-comment rulemaking procedures to require federal agencies to consider (1) whether a rulemaking is required by statute or is within the discretion of the agency, (2) whether existing laws or rules could be amended or rescinded to address the problem, and (3) reasonable alternatives to a new rule. For proposed major or high-impact rules that have a specified significant economic impact or adverse effect on the public health or safety, an agency must publish notice of such rulemaking to invite interested parties to propose alternatives and ideas to accomplish the agency's objectives; allow persons interested in high-impact or certain major rules to petition for a public hearing with oral presentation, cross-examination, and the burden of proof on the proponent of the rule; adopt the rule that maximizes net benefits within the scope of the statutory provision authorizing the rule, unless the agency explains the costs and benefits that justify adopting an alternative rule and such rule is approved by the Office of Information and Regulatory Affairs (OIRA); and publish a framework and metrics for measuring the ongoing effectiveness of the rule. Agencies must notify OIRA with certain information about a proposed rulemaking, including specified discussion and preliminary explanations concerning a major or high-impact rule. Further, OIRA must establish certain rulemaking guidelines. Additionally, the bill (1) revises the scope of judicial review of agency actions, and (2) establishes requirements for agencies issuing guidance.

US HB6545

Physician Fee Schedule Update and Improvements Act

US HB7219

Information Quality Assurance Act

US HB7650

Air Quality Standards Implementation Act of 2024

US HB8264

Bank Supervision Appeals Improvement Act of 2024

US HB8611

Save Our Small Farms Act of 2024

US HB10247

504 Credit Risk Management Improvement Act of 2024

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