S. 1693
119th CONGRESS 1st Session
To amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes.
IN THE SENATE OF THE UNITED STATES · May 8, 2025 · Sponsor: Mr. Hoeven · Committee: Committee on Agriculture, Nutrition, and Forestry
Table of contents
SEC. 1. Short title
- This Act may be cited as the or the .
SEC. 2. Premium support for certain plans of insurance
- Section 508(e) of the Federal Crop Insurance Act of 1938 () is amended— 7 U.S.C. 1508(e)
- by redesignating paragraph (8) as paragraph (9);
- in paragraph (9) (as so redesignated) by striking
and (7)and inserting(7), and (8); and- (8) Premium support for certain plans of insurance
- Notwithstanding subparagraphs (F) and (G) of paragraph (2), in the case of an individual farm-based revenue protection or yield protection plan of insurance, when a producer elects such a plan of insurance based upon enterprise units or whole farm units, the Corporation shall pay a part of the premium as provided under those subparagraphs except that the applicable factor shall be—
- 77 percent in the case of the coverage level described in paragraph (2)(F); and
- 68 percent in the case of the coverage level described in paragraph (2)(G).
- Notwithstanding subparagraphs (F) and (G) of paragraph (2), in the case of an individual farm-based revenue protection or yield protection plan of insurance, when a producer elects such a plan of insurance based upon enterprise units or whole farm units, the Corporation shall pay a part of the premium as provided under those subparagraphs except that the applicable factor shall be—
- (8) Premium support for certain plans of insurance
- by inserting after paragraph (7) the following:
SEC. 3. Coverage level and premium subsidy under supplemental coverage option
- (a) Coverage level
- Section 508(c)(4)(C) of the Federal Crop Insurance Act () is amended— 7 U.S.C. 1508(c)(4)(C)
- in clause (ii), by striking and inserting ; and
- in clause (iii)(I), by striking and inserting .
- Section 508(c)(4)(C) of the Federal Crop Insurance Act () is amended— 7 U.S.C. 1508(c)(4)(C)
- (b) Premium subsidy
- Section 508(e)(2)(H)(i) of the Federal Crop Insurance Act () is amended by striking and inserting . 7 U.S.C. 1508(e)(2)(H)(i)
SEC. 4. Study
- Section 522(c) of the Federal Crop Insurance Act () is amended by adding at the end the following: 7 U.S.C. 1522(c)
- (20) Study on supplemental coverage option
- (A) In general
- The Corporation shall carry out a study, or offer to enter into 1 or more contracts with 1 or more qualified persons to carry out a study, to determine the feasibility of modifying the supplemental coverage option described in section 508(c)(4)(C) to provide coverage for counties larger than 1,400 square miles—
- (i) at a level smaller than county-wide; and
- (ii) at a level greater than individual coverage.
- The Corporation shall carry out a study, or offer to enter into 1 or more contracts with 1 or more qualified persons to carry out a study, to determine the feasibility of modifying the supplemental coverage option described in section 508(c)(4)(C) to provide coverage for counties larger than 1,400 square miles—
- (B) Report
- Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture, Nutrition, and Forestry of the Senate and the Committee on Agriculture of the House of Representatives a report that describes—
- (i) the results of the study carried out under subparagraph (A); and
- (ii) any recommendations with respect to those results.
- Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture, Nutrition, and Forestry of the Senate and the Committee on Agriculture of the House of Representatives a report that describes—
- (A) In general
- (20) Study on supplemental coverage option