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Sec. 10507. Poultry insurance pilot program
Home/All Topics/OBBBA TextSection 523 of the Federal Crop Insurance Act (7 U.S.C. 1523) is amended by adding at the end the following: “(j) Poultry insurance pilot program.— “(1) IN GENERAL.—Notwithstanding subsection (a)(2), the Corporation shall establish a pilot program under which contract poultry growers, including growers of broilers and laying hens, may elect to receive…
Sec. 10506. Reviews, compliance, and integrity
Home/All Topics/OBBBA TextSection 516(b)(2)(C)(i) of the Federal Crop Insurance Act (7 U.S.C. 1516(b)(2)(C)(i)) is amended, in the matter preceding subclause (I), by striking “for each fiscal year” and inserting “for each of fiscal years 2014 through 2025 and $10,000,000 for fiscal year 2026 and each fiscal year thereafter”. ← Sec. 10505. Program compliance and integrityOBBBA…
Sec. 10505. Program compliance and integrity
Home/All Topics/OBBBA TextSection 515(l)(2) of the Federal Crop Insurance Act (7 U.S.C. 1515(l)(2)) is amended by striking “than” and all that follows through the period at the end and inserting the following: “than— “(A) $4,000,000 for each of fiscal years 2009 through 2025; and “(B) $6,000,000 for fiscal year 2026 and each subsequent fiscal year.”.…
Sec. 10504. Premium support
Home/All Topics/OBBBA TextSection 508(e)(2) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)(2)) is amended— (1) in subparagraph (C)(i), by striking “64” and inserting “69”; (2) in subparagraph (D)(i), by striking “59” and inserting “64”; (3) in subparagraph (E)(i), by striking “55” and inserting “60”; (4) in subparagraph (F)(i), by striking “48” and inserting “51”;…
Sec. 10503. Administrative and operating expense adjustments
Home/All Topics/OBBBA TextSection 508(k) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)) is amended by adding at the end the following: “(10) ADDITIONAL EXPENSES.— “(A) IN GENERAL.—Beginning with the 2026 reinsurance year, and for each reinsurance year thereafter, in addition to the terms and conditions of the Standard Reinsurance Agreement, to cover additional expenses…
Sec. 10502. Area-based crop insurance coverage and affordability
Home/All Topics/OBBBA Text(a) Coverage level.—Section 508(c)(4) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(4)) is amended— (1) in subparagraph (A), by striking clause (ii) and inserting the following: “(ii) may be purchased at any level not to exceed— “(I) in the case of the individual yield or revenue coverage, 85 percent; “(II) in the…
Sec. 10501. Beginning farmer and rancher benefit
Home/All Topics/OBBBA Text(a) Definitions.— (1) IN GENERAL.—Section 502(b)(3) of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)) is amended by striking “5” and inserting “10”. (2) CONFORMING AMENDMENT.—Section 522(c)(7) of the Federal Crop Insurance Act (7 U.S.C. 1522(c)(7)) is amended by striking subparagraph (F). (b) Increase in assistance.—Section 508(e) of the Federal Crop Insurance Act…
Subtitle D—Disaster assistance programs
Home/All Topics/OBBBA TextSEC. 10401. Supplemental agricultural disaster assistance. (a) Livestock indemnity payments.—Section 1501(b) of the Agricultural Act of 2014 (7 U.S.C. 9081(b)) is amended— (1) by striking paragraph (2) and inserting the following: “(2) PAYMENT RATES.— “(A) LOSSES DUE TO PREDATION.—Indemnity payments to an eligible producer on a farm under paragraph (1)(A) shall be made…
Sec. 10401. Supplemental agricultural disaster assistance
Home/All Topics/OBBBA Text(a) Livestock indemnity payments.—Section 1501(b) of the Agricultural Act of 2014 (7 U.S.C. 9081(b)) is amended— (1) by striking paragraph (2) and inserting the following: “(2) PAYMENT RATES.— “(A) LOSSES DUE TO PREDATION.—Indemnity payments to an eligible producer on a farm under paragraph (1)(A) shall be made at a rate of 100 percent…
Subtitle C—Commodities
Home/All Topics/OBBBA TextSEC. 10301. Effective reference price; reference price. (a) Effective reference price.—Section 1111(8)(B)(ii) of the Agricultural Act of 2014 (7 U.S.C. 9011(8)(B)(ii)) is amended by striking “85” and inserting “beginning with the crop year 2025, 88”. (b) Reference price.—Section 1111 of the Agricultural Act of 2014 (7 U.S.C. 9011) is amended by striking paragraph…
Sec. 10314. Implementation
Home/All Topics/OBBBA TextSection 1614(c) of the Agricultural Act of 2014 (7 U.S.C. 9097(c)) is amended by adding at the end the following: “(5) FURTHER FUNDING.—The Secretary shall make available to carry out subtitle C of title I of the Act entitled ‘An Act to provide for reconciliation pursuant to title II of H. Con. Res.…
Sec. 10313. Dairy policy updates
Home/All Topics/OBBBA Text(a) Dairy margin coverage production history.— (1) DEFINITION.—Section 1401(8) of the Agricultural Act of 2014 (7 U.S.C. 9051(8)) is amended by striking “when the participating dairy operation first registers to participate in dairy margin coverage”. (2) PRODUCTION HISTORY OF PARTICIPATING DAIRY OPERATIONS.—Section 1405 of the Agricultural Act of 2014 (7 U.S.C. 9055) is…