S-1781 : Still Just a Bill

S. 1781, also known as the "Livestock Indemnity Program Enhancement Act of 2025" or the "LIP Enhancement Act of 2025," seeks to amend the Agricultural Act of 2014 to provide additional financial assistance to livestock producers. The bill focuses on:

• Livestock Indemnity Payments: It aims to establish additional payments for unborn livestock death losses incurred on or after January 1, 2024, exceeding normal mortality rates due to adverse weather or eligible disease.
• Payment Rate: The payment rate will be determined by the Secretary of Agriculture, but it cannot exceed 85% of the payment rate for the lowest weight class of the livestock.
• Payment Amount: The payment calculation will depend on the type of livestock, with specific multipliers applied based on the livestock category as defined in the original Agricultural Act.
• Definition: The bill defines "unborn livestock death losses" as losses of gestating livestock on the date of the mother's death.