Poultry insurance pilot program

Section 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 index-based insurance from extreme weather-related risk resulting in increased utility costs (including costs of natural gas, propane, electricity, water, and other appropriate costs, as determined by the Corporation) associated with poultry production. (2) Stakeholder engagement The Corporation shall engage with poultry industry stakeholders in establishing the pilot program under paragraph (1). (3) Location The pilot program established under paragraph (1) shall be conducted in a sufficient number of counties to provide a comprehensive evaluation of the feasibility, effectiveness, and demand among producers in the top poultry producing States, as determined by the Corporation. (4) Approval of policy or plan Notwithstanding section 508(l), the Board shall approve a policy or plan of insurance based on the pilot program under paragraph (1)— (A) in accordance with section 508(h); and (B) not later than 2 years after the date of enactment of this subsection..

Section 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 index-based insurance from extreme weather-related risk resulting in increased utility costs (including costs of natural gas, propane, electricity, water, and other appropriate costs, as determined by the Corporation) associated with poultry production. (2) Stakeholder engagement The Corporation shall engage with poultry industry stakeholders in establishing the pilot program under paragraph (1). (3) Location The pilot program established under paragraph (1) shall be conducted in a sufficient number of counties to provide a comprehensive evaluation of the feasibility, effectiveness, and demand among producers in the top poultry producing States, as determined by the Corporation. (4) Approval of policy or plan Notwithstanding section 508(l), the Board shall approve a policy or plan of insurance based on the pilot program under paragraph (1)— (A) in accordance with section 508(h); and (B) not later than 2 years after the date of enactment of this subsection..