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To amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes.
Summary
This bill amends the Federal Crop Insurance Act to increase premium subsidies for certain farm-based crop insurance plans. It increases premium support to 77 percent and 68 percent for producers who elect revenue or yield protection plans using enterprise or whole farm units, and modifies the supplemental coverage option to increase premium subsidies from 65 percent to 80 percent while adjusting coverage parameters. The bill also directs the Federal Crop Insurance Corporation to study whether supplemental coverage can be expanded to counties larger than 1,400 square miles at intermediate coverage levels between county-wide and individual coverage, with a report due within one year.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Hoeven, John [R-ND] (R-ND)
10 cosponsors
- Sen. Boozman, John [R-AR] (R-AR)
- Sen. Cramer, Kevin [R-ND] (R-ND)
- Sen. Ernst, Joni [R-IA] (R-IA)
- Sen. Fischer, Deb [R-NE] (R-NE)
- Sen. Grassley, Chuck [R-IA] (R-IA)
- Sen. Hyde-Smith, Cindy [R-MS] (R-MS)
- Sen. Justice, James C. [R-WV] (R-WV)
- Sen. Marshall, Roger [R-KS] (R-KS)
- Sen. McConnell, Mitch [R-KY] (R-KY)
- Sen. Moran, Jerry [R-KS] (R-KS)
Actions (2)
- May 8, 2025 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. · senate
- May 8, 2025 Introduced in Senate
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Full text
IN THE SENATE OF THE UNITED STATES
May 8, 2025
Mr. Hoeven (for himself, Mr. Boozman, Mr. McConnell, Ms. Ernst, Mrs. Hyde-Smith, Mr. Marshall, Mr. Justice, Mr. Grassley, Mrs. Fischer, and Mr. Moran) introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry
A BILL
To amend the Federal Crop Insurance Act to provide premium support for certain plans of insurance, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Federal Agriculture Risk Management Enhancement and Resilience Act of 2025” or the “FARMER Act of 2025”.
SEC. 2. PREMIUM SUPPORT FOR CERTAIN PLANS OF INSURANCE.
Section 508(e) of the Federal Crop Insurance Act of 1938 (7 U.S.C. 1508(e)) is amended—
(1) by redesignating paragraph (8) as paragraph (9);
(2) in paragraph (9) (as so redesignated) by striking “and
(7)” and inserting “(7), and (8)”; and
(3) by inserting after paragraph (7) the following:
“(8) Premium support for certain plans of insurance.— Notwithstanding subparagraphs (F) and (G) of paragraph (2), in the case of an individual farm-based revenue protection or yield protection plan of insurance, when a producer elects such a plan of insurance based upon enterprise units or whole farm units, the Corporation shall pay a part of the premium as provided under those subparagraphs except that the applicable factor shall be—
“(A) 77 percent in the case of the coverage level described in paragraph (2)(F); and
“(B) 68 percent in the case of the coverage level described in paragraph (2)(G).”.
SEC. 3. COVERAGE LEVEL AND PREMIUM SUBSIDY UNDER SUPPLEMENTAL COVERAGE OPTION.
(a) Coverage Level.—Section 508(c)(4)(C) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(4)(C)) is amended—
(1) in clause (ii), by striking “14” and inserting “10”; and
(2) 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”.
SEC. 4. STUDY.
Section 522(c) of the Federal Crop Insurance Act (7 U.S.C. 1522(c)) is amended by adding at the end the following:
“(20) Study on supplemental coverage option.—
“(A) In general.—The Corporation shall carry out a study, or offer to enter into 1 or more contracts with 1 or more qualified persons to carry out a study, to determine the feasibility of modifying the supplemental coverage option described in section 508(c)(4)(C) to provide coverage for counties larger than 1,400 square miles—
“(i) at a level smaller than county-wide; and
“(ii) at a level greater than individual coverage.
“(B) Report.—Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture, Nutrition, and Forestry of the Senate and the Committee on Agriculture of the House of Representatives a report that describes—
“(i) the results of the study carried out under subparagraph (A); and
“(ii) any recommendations with respect to those results.”. <all>
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