Livestock indemnity payment rates

Section 1501(b)(2) of the Agricultural Act of 2014 (7 U.S.C. 9081(b)(2)) is amended— (1) by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively, and indenting appropriately; (2) in the matter preceding clause (i) (as so redesignated), by striking Indemnity payments and inserting the following: (A) In general Except as provided in subparagraph (B), indemnity payments; and (3) by adding at the end the following: (B) Attacks by Mexican gray wolves In the case of attacks on livestock by Mexican gray wolves, indemnity payments to an eligible producer on a farm under paragraph (1) shall be made at a rate of 100 percent of the market value of the affected livestock, as determined by the Secretary, on the applicable date described in clause (i) or (ii) of subparagraph (A)..