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 VerDate Sep 11 2014 23:37 Nov 09, 2023 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S3253.IS S3253 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •S 3253 IS SEC. 2. RESEARCH AND DEVELOPMENT ON FROST OR COLD 1 WEATHER INSURANCE. 2 Section 522(c) of the Federal Crop Insurance Act (7 3 U.S.C. 1522(c)) is amended by adding at the end the fol-4 lowing: 5 ‘‘(20) F ROST OR COLD WEATHER INSUR -6 ANCE.— 7 ‘‘(A) I N GENERAL.—The Corporation shall 8 carry out research and development, or offer to 9 enter into 1 or more contracts with 1 or more 10 qualified persons to carry out research and de-11 velopment, regarding an index-based policy to 12 insure crops (including tomatoes, peppers, sug-13 arcane, strawberries, melons, citrus, peaches, 14 blueberries, and any other crop) on a nationally 15 available basis against losses due to a frost or 16 cold weather event. 17 ‘‘(B) R ESEARCH AND DEVELOPMENT .— 18 Research and development under subparagraph 19 (A) shall— 20 ‘‘(i) evaluate the effectiveness of risk 21 management tools, such as the use of an 22 index, with respect to low frequency and 23 catastrophic loss weather events; and 24 ‘‘(ii) result in a policy that provides 25 protection for at least 1 of the following: 26 VerDate Sep 11 2014 23:37 Nov 09, 2023 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S3253.IS S3253 kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 •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 VerDate Sep 11 2014 23:37 Nov 09, 2023 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\S3253.IS S3253 kjohnson on DSK7ZCZBW3PROD with $$_JOB