Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB3253 Latest Draft

Bill / Introduced Version Filed 11/21/2023

                            II 
118THCONGRESS 
1
STSESSION S. 3253 
To amend the Federal Crop Insurance Act to require research and 
development on frost or cold weather insurance, and for other purposes. 
IN THE SENATE OF THE UNITED STATES 
NOVEMBER8, 2023 
Mr. R
UBIOintroduced the following bill; which was read twice and referred 
to the Committee on Agriculture, Nutrition, and Forestry 
A BILL 
To amend the Federal Crop Insurance Act to require re-
search and development on frost or cold weather insur-
ance, 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 ‘‘Temperature Endorse-4
ment for Multiperil Policies Act of 2023’’ or the ‘‘TEMP 5
Act of 2023’’. 6
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•S 3253 IS
SEC. 2. RESEARCH AND DEVELOPMENT ON FROST OR COLD 1
WEATHER INSURANCE. 2
Section 522(c) of the Federal Crop Insurance Act (7 3
U.S.C. 1522(c)) is amended by adding at the end the fol-4
lowing: 5
‘‘(20) F
ROST OR COLD WEATHER INSUR -6
ANCE.— 7
‘‘(A) I
N GENERAL.—The Corporation shall 8
carry out research and development, or offer to 9
enter into 1 or more contracts with 1 or more 10
qualified persons to carry out research and de-11
velopment, regarding an index-based policy to 12
insure crops (including tomatoes, peppers, sug-13
arcane, strawberries, melons, citrus, peaches, 14
blueberries, and any other crop) on a nationally 15
available basis against losses due to a frost or 16
cold weather event. 17
‘‘(B) R
ESEARCH AND DEVELOPMENT .— 18
Research and development under subparagraph 19
(A) shall— 20
‘‘(i) evaluate the effectiveness of risk 21
management tools, such as the use of an 22
index, with respect to low frequency and 23
catastrophic loss weather events; and 24
‘‘(ii) result in a policy that provides 25
protection for at least 1 of the following: 26
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•S 3253 IS
‘‘(I) Production loss. 1
‘‘(II) Revenue loss. 2
‘‘(C) R
EPORT.—Not later than 1 year 3
after the date of enactment of this paragraph, 4
the Corporation shall submit to the Committee 5
on Agriculture, Nutrition, and Forestry of the 6
Senate and the Committee on Agriculture of 7
the House of Representatives a report that de-8
scribes— 9
‘‘(i) the results of the research and 10
development carried out under this para-11
graph; and 12
‘‘(ii) any recommendations with re-13
spect to those results.’’. 14
Æ 
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