H.R. 4322
119th CONGRESS 1st Session
To require the Secretary of Agriculture to provide regular updates to Livestock Indemnity Program payment rates to reflect market prices, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES · July 10, 2025 · Sponsor: Mr. Feenstra · Committee: Committee on Agriculture
Table of contents
SEC. 1. Short title
- This Act may be cited as the Livestock Indemnity Program Improvement Act of 2025.
SEC. 2. Livestock indemnity payments
- Section 1501(b)(2) of the Agricultural Act of 2014 () is amended— 7 U.S.C. 9081(b)(2)
- by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively, and indenting appropriately;
- in the matter preceding clause (i) (as so designated), by striking and inserting the following:
- (A) In general
- Indemnity
- (B) Determination of market value
- The Secretary shall determine the market value described in subparagraph (A)—
- (i) in coordination with the Administrator of the Agricultural Marketing Service;
- (ii) using other appropriate resources, as determined by the Secretary; and
- (iii) on a quarterly basis.
- The Secretary shall determine the market value described in subparagraph (A)—
- (A) In general
- by adding at the end the following: