The FARMER Act amends federal crop insurance rules to provide additional financial support to farmers who purchase certain insurance plans. Specifically, the bill increases the government's premium subsidies for farmers who choose farm-based revenue or yield protection plans using enterprise or whole-farm units, raising the federal contribution from the current levels to 77 percent and 68 percent depending on coverage type. The bill also strengthens supplemental crop insurance coverage by reducing the geographic size threshold for coverage eligibility (from 14 to 10 counties) and increasing the government's premium subsidy for this supplemental option from 65 percent to 80 percent. Additionally, the legislation requires the USDA's crop insurance agency to study whether supplemental coverage can be expanded to counties larger than 1,400 square miles while still maintaining localized coverage options, with results due within one year of enactment. These changes aim to make crop insurance more affordable and accessible for American farmers facing weather and market risks.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.