Us Congress House Bill HB442

Us Congress 2025-2026 Regular Session

• Introduced: 1/15/25
• Refer: 1/15/25
• Refer: 2/14/25

Caption

Quality Loss Adjustment Improvement for Farmers Act

Impact

By instituting regular reviews, the bill aims to ensure that quality loss adjustments remain relevant and adaptive to changes in agricultural practices and market dynamics. The inclusion of stakeholder engagement procedures implies a greater emphasis on collaboration between policymakers and farmers, allowing for a more nuanced approach to addressing the challenges faced in agriculture. Proponents argue that these measures could result in more effective support for farmers during adverse conditions.

Summary

House Bill 442, titled the 'Quality Loss Adjustment Improvement for Farmers Act,' seeks to amend the Federal Crop Insurance Act, specifically focusing on quality loss adjustment coverage. The bill mandates that beginning in 2025, the Corporation will conduct periodic reviews of the quality loss adjustment procedures every five years. This review will involve engaging regionally diverse industry stakeholders to provide comprehensive insights into agricultural outcomes that the bill aims to support.

Contention

Notable points of contention may arise around the provisions related to regionally dependent discount factors for crops, such as soybeans, which are to be established in the event of natural disasters or market fluctuations. Critics may express concerns about how these factors are determined and whether they adequately reflect the challenges faced by diverse agricultural sectors. Additionally, the requirement for stakeholder engagement could either be viewed as a necessary step toward inclusivity or as an administrative burden depending on one's perspective on governance in agricultural policy.

Congress_id

119-HR-442

Policy_area

Agriculture and Food

Introduced_date

2025-01-15