This part doubles how long someone counts as a beginning farmer. It goes from 5 years to 10. It also gives beginning farmers extra help with crop insurance premiums. The help fades over the first four years.
“Section 502(b)(3) of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)) is amended by striking "5" and inserting "10".”
The section strikes the number 5 and inserts 10 in section 502(b)(3) of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)), and strikes subparagraph (F) of section 522(c)(7) of that Act (7 U.S.C. 1522(c)(7)) as a conforming change.
What the document actually says
“Section 502(b)(3) of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)) is amended by striking "5" and inserting "10".”
That sentence, in plain words
The number 5 is taken out of an older crop law. The number 10 is put in.
What this is about
That number sets how long a farmer counts as new. Doubling it means the label lasts twice as long. The older law it sits in is not indexed here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “shall”Who acts: Federal Crop Insurance CorporationHow: statuteSec. 10501 in the PDF
What the document says
“a beginning farmer or rancher shall receive additional premium assistance that is the number of percentage points specified in subparagraph (B) greater than the premium assistance that would otherwise be available”
The section adds a new paragraph (9) to section 508(e) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)) giving a beginning farmer or rancher premium assistance a set number of percentage points above what would otherwise be available for the policy, plan of insurance and coverage level chosen. The addition applies on top of the rest of the subsection, except paragraph (2)(A).
What the document actually says
“a beginning farmer or rancher shall receive additional premium assistance that is the number of percentage points specified in subparagraph (B) greater than the premium assistance that would otherwise be available”
That sentence, in plain words
A new farmer gets more help with premiums. The help is a set number of points above the usual level.
What this is about
A premium is what a farmer pays for crop insurance. The government already covers part of it. This adds a bit more on top.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “shall apply”Who acts: Federal Crop Insurance CorporationHow: statuteSec. 10501 in the PDF
What the document says
“For each of the first and second reinsurance years that a beginning farmer or rancher participates as a beginning farmer or rancher in the applicable policy or plan of insurance, 5 percentage points.”
The section sets the addition at 5 percentage points for each of the first and second reinsurance years a beginning farmer or rancher takes part in the policy or plan of insurance, 3 percentage points for the third year, and 1 percentage point for the fourth.
What the document actually says
“For each of the first and second reinsurance years that a beginning farmer or rancher participates as a beginning farmer or rancher in the applicable policy or plan of insurance, 5 percentage points.”
That sentence, in plain words
In the first and second years the extra help is 5 points. That is counted from when the farmer joins the plan.
What this is about
The third year drops to 3 points. The fourth year drops to 1 point. After that there is no extra help.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Each distinct thing the section does: the change to the definition of a beginning farmer or rancher, the new additional premium assistance, and the schedule of percentage point adjustments.
The conforming amendment striking subparagraph (F) of section 522(c)(7) of the Federal Crop Insurance Act.
The section works by amending sections 502, 508 and 522 of the Federal Crop Insurance Act, none of which is indexed here, so what premium assistance would otherwise be available cannot be checked against anything on this site.
