[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3904 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 3904
To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 7, 2023
Mr. Feenstra (for himself and Ms. Craig) introduced the following bill;
which was referred to the Committee on Agriculture
_______________________________________________________________________
A BILL
To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Crop Insurance for Future Farmers
Act''.
SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARMERS AND RANCHERS.
(a) Definition of Beginning Farmer or Rancher.--Section 502(b)(3)
of the Agricultural Adjustment Act of 1938 (7 U.S.C. 1502(b)(3)) is
amended by striking ``5 crop years'' and inserting ``10 crop years''.
(b) Increase in Assistance.--Section 508(e)(8) of the Agricultural
Adjustment Act of 1938 (7 U.S.C. 1508(e)(8)) is amended--
(1) by striking ``Notwithstanding'' and inserting the
following:
``(A) In general.--Notwithstanding'';
(2) by striking ``is 10 percentage points greater than''
and inserting ``is the amount of percentage points specified in
subparagraph (B) greater than''; and
(3) by adding at the end the following:
``(B) Percentage points adjustments.--For purposes
of subparagraph (A), the percentage points specified in
this subparagraph are as follows:
``(i) For each of the first and second
reinsurance years that a beginning farmer or
rancher participates as a beginning farmer or
rancher in the applicable policy or plan of
insurance, 15 percentage points.
``(ii) For the third reinsurance year that
a beginning farmer or rancher participates as a
beginning farmer or rancher in the applicable
policy or plan of insurance, 13 percentage
points.
``(iii) For the fourth reinsurance year
that a beginning farmer or rancher participates
as a beginning farmer or rancher in the
applicable policy or plan of insurance, 11
percentage points.
``(iv) For each of the fifth through tenth
reinsurance years that a beginning farmer or
rancher participates as a beginning farmer or
rancher in the applicable policy or plan of
insurance, 10 percentage points.''.
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