S. 1073 · Where this bill is now
In committee
Introduced in the Senate, Mar 14, 2025
What this bill does
In plain words · AI-written from the official summaryBoosts crop insurance help for new farmers
The federal crop insurance program helps farmers and ranchers pay for insurance that protects their crops and livestock from losses. This bill would give beginning farmers and veteran farmers extra help paying their premiums—the amount they pay for insurance. They'd get bigger discounts in their first few years, and they'd stay eligible for this boost for 10 years instead of just 5.
How it affects you
If you're a beginning farmer or rancher—or a veteran starting out in farming—this would put more affordable crop insurance within reach. You'd pay less out of pocket for coverage, especially in your early years when money might be tight. That protection could make it easier to take on the risks that come with farming.
Read the official summary (Introduced in Senate, Mar 14, 2025)
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
• 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.
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.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionS. 1073
A BILL
Crop Insurance for Future Farmers Act
Sponsor: Sen. Amy Klobuchar (D-MN) · Introduced Mar 14, 2025 · Agriculture and Food · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 14, 2025: “Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.”