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118th Congress Agriculture and Food

S. 2458: Crop Insurance for Future Farmers Act of 2023

Introduced

  1. Introduced (completed)Jul 25, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 25, 2023

This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers.

Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide

  • 15 percentage points in each of the 1st and 2nd reinsurance years,
  • 13 percentage points in the 3rd year,
  • 11 percentage points in the 4th year, and
  • 10 percentage points in each of the 5th through the 10th reinsurance years.
Read the full summary

The bill also amends the FCIP definition of beginning farmer or rancher to include a farmer or rancher who has not actively operated and managed a farm or ranch for more than 10 crop years (currently more than 5 crop years).

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

5

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Amy Klobuchar D-MN SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Amy Klobuchar

History

  1. Jul 25, 2023Introduced in the Senate by Amy Klobuchar.
Show the full action history (2 actions)
  1. Jul 25, 2023Introduced in Senate
  2. Jul 25, 2023Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.