1 | 1 | | I |
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2 | 2 | | 119THCONGRESS |
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3 | 3 | | 1 |
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4 | 4 | | STSESSION H. R. 2117 |
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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 veteran farmers and ranchers, |
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7 | 7 | | and for other purposes. |
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8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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9 | 9 | | MARCH14, 2025 |
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10 | 10 | | Mr. F |
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11 | 11 | | EENSTRA(for himself and Ms. CRAIG) introduced the following bill; |
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12 | 12 | | which was referred to the Committee on Agriculture |
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13 | 13 | | A BILL |
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14 | 14 | | To amend the Federal Crop Insurance Act to promote crop |
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15 | 15 | | insurance support for beginning farmers and ranchers |
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16 | 16 | | and veteran farmers and ranchers, and for other pur- |
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17 | 17 | | poses. |
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18 | 18 | | Be it enacted by the Senate and House of Representa-1 |
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19 | 19 | | tives of the United States of America in Congress assembled, 2 |
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20 | 20 | | SECTION 1. SHORT TITLE. 3 |
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21 | 21 | | This Act may be cited as the ‘‘Crop Insurance for 4 |
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22 | 22 | | Future Farmers Act’’. 5 |
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24 | 24 | | mprince on LAP1J3WLY3PROD with $$_JOB 2 |
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25 | 25 | | •HR 2117 IH |
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26 | 26 | | SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARM-1 |
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27 | 27 | | ERS AND RANCHERS AND VETERAN FARMERS 2 |
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28 | 28 | | AND RANCHERS. 3 |
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29 | 29 | | (a) D |
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30 | 30 | | EFINITION OFBEGINNINGFARMER ORRANCH-4 |
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31 | 31 | | ER.—Section 502(b)(3) of the Federal Crop Insurance Act 5 |
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32 | 32 | | (7 U.S.C. 1502(b)(3)) is amended by striking ‘‘5 crop 6 |
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33 | 33 | | years’’ and inserting ‘‘10 crop years’’. 7 |
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34 | 34 | | (b) D |
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35 | 35 | | EFINITION OFVETERANFARMERS ANDRANCH-8 |
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36 | 36 | | ERS.—Section 502(b)(14)(B) of the Federal Crop Insur-9 |
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37 | 37 | | ance Act (7 U.S.C. 1502(b)(14)(B)) is amended— 10 |
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38 | 38 | | (1) in clause (ii), by striking ‘‘5 years’’ and in-11 |
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39 | 39 | | serting ‘‘10 crop years’’; and 12 |
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40 | 40 | | (2) in clause (iii), by striking ‘‘5-year’’ and in-13 |
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41 | 41 | | serting ‘‘10-year’’. 14 |
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42 | 42 | | (c) I |
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43 | 43 | | NCREASE INASSISTANCE.—Section 508(e)(8) of 15 |
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44 | 44 | | the Federal Crop Insurance Act (7 U.S.C. 1508(e)(8)) is 16 |
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45 | 45 | | amended— 17 |
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46 | 46 | | (1) by striking ‘‘Notwithstanding’’ and insert-18 |
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47 | 47 | | ing the following: 19 |
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48 | 48 | | ‘‘(A) I |
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49 | 49 | | N GENERAL.—Notwithstanding’’; 20 |
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50 | 50 | | (2) by striking ‘‘is 10 percentage points greater 21 |
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51 | 51 | | than’’ and inserting ‘‘is the number of percentage 22 |
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52 | 52 | | points specified in subparagraph (B) greater than’’; 23 |
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53 | 53 | | and 24 |
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54 | 54 | | (3) by adding at the end the following: 25 |
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56 | 56 | | mprince on LAP1J3WLY3PROD with $$_JOB 3 |
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57 | 57 | | •HR 2117 IH |
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58 | 58 | | ‘‘(B) PERCENTAGE POINTS ADJUST -1 |
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59 | 59 | | MENTS.—For purposes of subparagraph (A), 2 |
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60 | 60 | | the percentage points specified in this subpara-3 |
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61 | 61 | | graph are as follows: 4 |
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62 | 62 | | ‘‘(i) For each of the first and second 5 |
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63 | 63 | | reinsurance years that a beginning farmer 6 |
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64 | 64 | | or rancher or veteran farmer or rancher 7 |
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65 | 65 | | participates as a beginning farmer or 8 |
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66 | 66 | | rancher or veteran farmer or rancher in 9 |
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67 | 67 | | the applicable policy or plan of insurance, 10 |
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68 | 68 | | 15 percentage points, respectively. 11 |
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69 | 69 | | ‘‘(ii) For the third reinsurance year 12 |
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70 | 70 | | that a beginning farmer or rancher or vet-13 |
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71 | 71 | | eran farmer or rancher participates as a 14 |
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72 | 72 | | beginning farmer or rancher or veteran 15 |
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73 | 73 | | farmer or rancher in the applicable policy 16 |
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74 | 74 | | or plan of insurance, 13 percentage points, 17 |
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75 | 75 | | respectively. 18 |
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76 | 76 | | ‘‘(iii) For the fourth reinsurance year 19 |
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77 | 77 | | that a beginning farmer or rancher or vet-20 |
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78 | 78 | | eran farmer or rancher participates as a 21 |
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79 | 79 | | beginning farmer or rancher or veteran 22 |
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80 | 80 | | farmer or rancher in the applicable policy 23 |
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81 | 81 | | or plan of insurance, 11 percentage points, 24 |
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82 | 82 | | respectively. 25 |
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84 | 84 | | mprince on LAP1J3WLY3PROD with $$_JOB 4 |
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85 | 85 | | •HR 2117 IH |
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86 | 86 | | ‘‘(iv) For each of the fifth through 1 |
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87 | 87 | | tenth reinsurance years that a beginning 2 |
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88 | 88 | | farmer or rancher or veteran farmer or 3 |
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89 | 89 | | rancher participates as a beginning farmer 4 |
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90 | 90 | | or rancher or veteran farmer or rancher in 5 |
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91 | 91 | | the applicable policy or plan of insurance, 6 |
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92 | 92 | | 10 percentage points, respectively.’’. 7 |
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93 | 93 | | (d) C |
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94 | 94 | | ONFORMINGAMENDMENT.—Section 522(c)(7) 8 |
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95 | 95 | | of the Federal Crop Insurance Act (7 U.S.C. 1522(c)(7)) 9 |
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96 | 96 | | is amended by striking subparagraph (F). 10 |
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97 | 97 | | Æ |
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99 | 99 | | mprince on LAP1J3WLY3PROD with $$_JOB |
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