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H.R. 4322IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 4322

Livestock indemnity payments

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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 designated), by striking Indemnity and inserting the following: (A) In general Indemnity; and (3) by adding at the end the following: (B) Determination of market value The Secretary shall determine the market value described in subparagraph (A)— (i) in coordination with the Administrator of the Agricultural Marketing Service; (ii) using other appropriate resources, as determined by the Secretary; and (iii) on a quarterly basis..