Crop Insurance for Future Farmers Act
This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers. (FCIP offers subsidized crop insurance policies that producers can purchase to cover a wide variety of crops and livestock.)
Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning farmers or ranchers and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide
Under the bill, farmers and ranchers, and veteran farmers and ranchers, are eligible to qualify for the program for 10 years, an increase from 5 years under current law. Specifically, to be considered a beginning farmer or rancher, a person must not have actively operated and managed a farm or ranch for more than 10 crop years. To be considered a veteran farmer or rancher, a veteran must have (1) not operated a farm or ranch for more than 10 crop years, or (2) first obtained veteran status in the past 10 years.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2117 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 2117
To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers and veteran farmers and
ranchers, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 14, 2025
Mr. Feenstra (for himself and Ms. Craig) introduced the following bill;
which was referred to the Committee on Agriculture
_______________________________________________________________________
A BILL
To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers and veteran farmers and
ranchers, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Crop Insurance for Future Farmers
Act''.
SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARMERS AND RANCHERS AND
VETERAN FARMERS AND RANCHERS.
(a) Definition of Beginning Farmer or Rancher.--Section 502(b)(3)
of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)) is amended by
striking ``5 crop years'' and inserting ``10 crop years''.
(b) Definition of Veteran Farmers and Ranchers.--Section
502(b)(14)(B) of the Federal Crop Insurance Act (7 U.S.C.
1502(b)(14)(B)) is amended--
(1) in clause (ii), by striking ``5 years'' and inserting
``10 crop years''; and
(2) in clause (iii), by striking ``5-year'' and inserting
``10-year''.
(c) Increase in Assistance.--Section 508(e)(8) of the Federal Crop
Insurance Act (7 U.S.C. 1508(e)(8)) is amended--
(1) by striking ``Notwithstanding'' and inserting the
following:
``(A) In general.--Notwithstanding'';
(2) by striking ``is 10 percentage points greater than''
and inserting ``is the number of percentage points specified in
subparagraph (B) greater than''; and
(3) by adding at the end the following:
``(B) Percentage points adjustments.--For purposes
of subparagraph (A), the percentage points specified in
this subparagraph are as follows:
``(i) For each of the first and second
reinsurance years that a beginning farmer or
rancher or veteran farmer or rancher
participates as a beginning farmer or rancher
or veteran farmer or rancher in the applicable
policy or plan of insurance, 15 percentage
points, respectively.
``(ii) For the third reinsurance year that
a beginning farmer or rancher or veteran farmer
or rancher participates as a beginning farmer
or rancher or veteran farmer or rancher in the
applicable policy or plan of insurance, 13
percentage points, respectively.
``(iii) For the fourth reinsurance year
that a beginning farmer or rancher or veteran
farmer or rancher participates as a beginning
farmer or rancher or veteran farmer or rancher
in the applicable policy or plan of insurance,
11 percentage points, respectively.
``(iv) For each of the fifth through tenth
reinsurance years that a beginning farmer or
rancher or veteran farmer or rancher
participates as a beginning farmer or rancher
or veteran farmer or rancher in the applicable
policy or plan of insurance, 10 percentage
points, respectively.''.
(d) 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).
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
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