Us Congress 2023 2023-2024 Regular Session

Us Congress House Bill HB3904 Introduced / Bill

Filed 07/06/2023

                    I 
118THCONGRESS 
1
STSESSION H. R. 3904 
To amend the Federal Crop Insurance Act to promote crop insurance support 
for beginning farmers and ranchers, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE7, 2023 
Mr. F
EENSTRA(for himself and Ms. CRAIG) introduced the following bill; 
which was referred to the Committee on Agriculture 
A BILL 
To amend the Federal Crop Insurance Act to promote crop 
insurance support for beginning farmers and ranchers, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Crop Insurance for 4
Future Farmers Act’’. 5
SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARM-6
ERS AND RANCHERS. 7
(a) D
EFINITION OFBEGINNINGFARMER ORRANCH-8
ER.—Section 502(b)(3) of the Agricultural Adjustment 9
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Act of 1938 (7 U.S.C. 1502(b)(3)) is amended by striking 1
‘‘5 crop years’’ and inserting ‘‘10 crop years’’. 2
(b) I
NCREASE INASSISTANCE.—Section 508(e)(8) of 3
the Agricultural Adjustment Act of 1938 (7 U.S.C. 4
1508(e)(8)) is amended— 5
(1) by striking ‘‘Notwithstanding’’ and insert-6
ing the following: 7
‘‘(A) I
N GENERAL.—Notwithstanding’’; 8
(2) by striking ‘‘is 10 percentage points greater 9
than’’ and inserting ‘‘is the amount of percentage 10
points specified in subparagraph (B) greater than’’; 11
and 12
(3) by adding at the end the following: 13
‘‘(B) P
ERCENTAGE POINTS ADJUST -14
MENTS.—For purposes of subparagraph (A), 15
the percentage points specified in this subpara-16
graph are as follows: 17
‘‘(i) For each of the first and second 18
reinsurance years that a beginning farmer 19
or rancher participates as a beginning 20
farmer or rancher in the applicable policy 21
or plan of insurance, 15 percentage points. 22
‘‘(ii) For the third reinsurance year 23
that a beginning farmer or rancher partici-24
pates as a beginning farmer or rancher in 25
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the applicable policy or plan of insurance, 1
13 percentage points. 2
‘‘(iii) For the fourth reinsurance year 3
that a beginning farmer or rancher partici-4
pates as a beginning farmer or rancher in 5
the applicable policy or plan of insurance, 6
11 percentage points. 7
‘‘(iv) For each of the fifth through 8
tenth reinsurance years that a beginning 9
farmer or rancher participates as a begin-10
ning farmer or rancher in the applicable 11
policy or plan of insurance, 10 percentage 12
points.’’. 13
Æ 
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