Area-based crop insurance coverage and affordability
Title I — Committee on Agriculture, Nutrition, and Forestry › Subtitle E — Crop insurance
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No wording changed between Senate changes and Final version sent to the President.
How the text changed
(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 case of individual yield or revenue coverage aggregated across multiple commodities, 90 percent; and (III) in the case of area yield or revenue coverage (as determined by the Corporation), 95 percent.; and (2) in subparagraph (C)— (A) in clause (ii), by striking 14 and inserting 10; and (B) in clause (iii)(I), by striking 86 and inserting 90. (b) Premium subsidy Section 508(e)(2)(H)(i) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)(2)(H)(i)) is amended by striking 65 and inserting 80.
(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 case of individual yield or revenue coverage aggregated across multiple commodities, 90 percent; and (III) in the case of area yield or revenue coverage (as determined by the Corporation), 95 percent.; and (2) in subparagraph (C)— (A) in clause (ii), by striking 14 and inserting 10; and (B) in clause (iii)(I), by striking 86 and inserting 90. (b) Premium subsidy Section 508(e)(2)(H)(i) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)(2)(H)(i)) is amended by striking 65 and inserting 80.
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