Sponsors (2)
The bill makes crop insurance and revenue programs more accessible, less burdensome, and more protective for small, specialty, and underserved producers—at the cost of higher federal spending, greater administrative complexity, and new privacy and accuracy risks that could produce disputes or mispayments.
Farmers and agricultural producers gain stronger loss protection because the referenced coverage level is increased from 65% up to 100%, raising the amount of losses potentially covered.
Eligible producers transitioning to whole-farm revenue insurance (especially small and diversified farms) pay lower premiums during the transition period—25% discount first year, 50% in years two and three—reducing near-term insurance costs.
Small, diverse, and direct-to-consumer producers (including many small farms) face less paperwork because they can submit only two acreage reports per year and have reduced acreage-reporting requirements.
Taxpayers could face higher federal costs because premium discounts, transition incentives, fee waivers, and broader coverage likely reduce program receipts and raise outlays.
Reduced reporting requirements and streamlining increase the risk of less precise acreage or revenue data, which could raise estimation errors or mispayments that cost the program and taxpayers.
Expanding program reach and adding fee waivers or new eligibility increases administrative complexity and implementation costs for the Farm Service Agency and related state/local offices.
Based on analysis of 2 sections of legislative text.
Adds an "on-ramp" to NAP letting diverse small farms move to whole-farm revenue insurance with simplified reporting, Schedule F acceptance, and limited premium discounts.
Creates a new "on-ramp" and streamlined application process in the Noninsured Crop Disaster Assistance Program (NAP) to help diverse, small-scale, and direct-to-consumer producers move into a whole-farm revenue insurance plan. The changes require simplified acreage reporting, acceptance of IRS Schedule F to establish revenue history, limited premium discounts for early years after transition, and expanded agency coordination and pilot projects to support data collection and program development.
Introduced April 3, 2025 by Richard Blumenthal · Last progress April 3, 2025