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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced March 25, 2025 by John Neely Kennedy · Last progress March 25, 2025
Amends how quality loss adjustments (QLA) under the Federal Crop Insurance Act are reviewed and adds special rules for soybeans after certain disasters or salvage-market events. It requires the Corporation to begin periodic independent reviews in calendar year 2025, engage stakeholders in those reviews, report findings to the House and Senate agriculture committees, and to set State or regional discount factors for soybeans after covered disasters or salvage-market events that must be included in reviews and reports.