| 1 | 1 | | I |
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| 2 | 2 | | 118THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 3904 |
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| 5 | 5 | | To amend the Federal Crop Insurance Act to promote crop insurance support |
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| 6 | 6 | | for beginning farmers and ranchers, and for other purposes. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | JUNE7, 2023 |
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| 9 | 9 | | Mr. F |
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| 10 | 10 | | EENSTRA(for himself and Ms. CRAIG) introduced the following bill; |
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| 11 | 11 | | which was referred to the Committee on Agriculture |
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| 12 | 12 | | A BILL |
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| 13 | 13 | | To amend the Federal Crop Insurance Act to promote crop |
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| 14 | 14 | | insurance support for beginning farmers and ranchers, |
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| 15 | 15 | | and for other purposes. |
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| 16 | 16 | | Be it enacted by the Senate and House of Representa-1 |
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| 17 | 17 | | tives of the United States of America in Congress assembled, 2 |
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| 18 | 18 | | SECTION 1. SHORT TITLE. 3 |
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| 19 | 19 | | This Act may be cited as the ‘‘Crop Insurance for 4 |
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| 20 | 20 | | Future Farmers Act’’. 5 |
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| 21 | 21 | | SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARM-6 |
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| 22 | 22 | | ERS AND RANCHERS. 7 |
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| 23 | 23 | | (a) D |
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| 24 | 24 | | EFINITION OFBEGINNINGFARMER ORRANCH-8 |
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| 25 | 25 | | ER.—Section 502(b)(3) of the Agricultural Adjustment 9 |
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| 26 | 26 | | VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3904.IH H3904 |
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| 27 | 27 | | pbinns on DSKJLVW7X2PROD with $$_JOB 2 |
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| 28 | 28 | | •HR 3904 IH |
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| 29 | 29 | | Act of 1938 (7 U.S.C. 1502(b)(3)) is amended by striking 1 |
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| 30 | 30 | | ‘‘5 crop years’’ and inserting ‘‘10 crop years’’. 2 |
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| 31 | 31 | | (b) I |
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| 32 | 32 | | NCREASE INASSISTANCE.—Section 508(e)(8) of 3 |
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| 33 | 33 | | the Agricultural Adjustment Act of 1938 (7 U.S.C. 4 |
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| 34 | 34 | | 1508(e)(8)) is amended— 5 |
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| 35 | 35 | | (1) by striking ‘‘Notwithstanding’’ and insert-6 |
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| 36 | 36 | | ing the following: 7 |
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| 37 | 37 | | ‘‘(A) I |
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| 38 | 38 | | N GENERAL.—Notwithstanding’’; 8 |
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| 39 | 39 | | (2) by striking ‘‘is 10 percentage points greater 9 |
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| 40 | 40 | | than’’ and inserting ‘‘is the amount of percentage 10 |
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| 41 | 41 | | points specified in subparagraph (B) greater than’’; 11 |
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| 42 | 42 | | and 12 |
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| 43 | 43 | | (3) by adding at the end the following: 13 |
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| 44 | 44 | | ‘‘(B) P |
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| 45 | 45 | | ERCENTAGE POINTS ADJUST -14 |
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| 46 | 46 | | MENTS.—For purposes of subparagraph (A), 15 |
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| 47 | 47 | | the percentage points specified in this subpara-16 |
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| 48 | 48 | | graph are as follows: 17 |
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| 49 | 49 | | ‘‘(i) For each of the first and second 18 |
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| 50 | 50 | | reinsurance years that a beginning farmer 19 |
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| 51 | 51 | | or rancher participates as a beginning 20 |
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| 52 | 52 | | farmer or rancher in the applicable policy 21 |
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| 53 | 53 | | or plan of insurance, 15 percentage points. 22 |
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| 54 | 54 | | ‘‘(ii) For the third reinsurance year 23 |
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| 55 | 55 | | that a beginning farmer or rancher partici-24 |
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| 56 | 56 | | pates as a beginning farmer or rancher in 25 |
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| 57 | 57 | | VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3904.IH H3904 |
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| 58 | 58 | | pbinns on DSKJLVW7X2PROD with $$_JOB 3 |
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| 59 | 59 | | •HR 3904 IH |
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| 60 | 60 | | the applicable policy or plan of insurance, 1 |
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| 61 | 61 | | 13 percentage points. 2 |
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| 62 | 62 | | ‘‘(iii) For the fourth reinsurance year 3 |
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| 63 | 63 | | that a beginning farmer or rancher partici-4 |
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| 64 | 64 | | pates as a beginning farmer or rancher in 5 |
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| 65 | 65 | | the applicable policy or plan of insurance, 6 |
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| 66 | 66 | | 11 percentage points. 7 |
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| 67 | 67 | | ‘‘(iv) For each of the fifth through 8 |
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| 68 | 68 | | tenth reinsurance years that a beginning 9 |
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| 69 | 69 | | farmer or rancher participates as a begin-10 |
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| 70 | 70 | | ning farmer or rancher in the applicable 11 |
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| 71 | 71 | | policy or plan of insurance, 10 percentage 12 |
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| 72 | 72 | | points.’’. 13 |
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| 73 | 73 | | Æ |
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| 74 | 74 | | VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H3904.IH H3904 |
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| 75 | 75 | | pbinns on DSKJLVW7X2PROD with $$_JOB |
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