Crop Insurance for Future Farmers Act
This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers.
Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide
The bill also amends the FCIP definition of beginning farmer or rancher to include a farmer or rancher who has not actively operated and managed a farm or ranch for more than 10 crop years (currently more than 5 crop years).
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2023-07-28 | Committee | Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. | House committee actions |
| 2023-06-07 | IntroReferral | Referred to the House Committee on Agriculture. | House floor actions |
| 2023-06-07 | IntroReferral | Introduced in House | Library of Congress |