Insuring Fairness for Family Farmers Act of 2023
The source supplies the latest action, but no lifecycle stage.
Latest action (24 Aug 2023): Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
What this bill does
H.R. 4804, the Insuring Fairness for Family Farmers Act of 2023, would direct the Federal Crop Insurance Corporation to revise the Standard Reinsurance Agreement and Livestock Price Reinsurance Agreement, which govern how the government subsidizes administrative and operating (A&O) costs paid to crop insurance agents. The bill sets fixed minimum and maximum A&O subsidy amounts per policyholder (with the maximum no more than 400% above the minimum), ties subsidy amounts to the complexity of issuing a policy rather than premium size, and adds a 10% bonus for policies covering small farms (under 180 acres), certain specialty crops without county-specific coverage, or first-time crop insurance buyers. Changes must be budget-neutral overall. The bill also requires public reporting of A&O subsidy and agent compensation data, data submission by insurance providers, a study on the effects of these changes, and a GAO report assessing the crop insurance program's structure and offering reform recommendations.
The bill primarily affects farmers—especially smaller and specialty-crop operations and new policyholders—as well as crop insurance agents and approved insurance providers, by changing how subsidy payments are calculated and reported. The Department of Agriculture, the Risk Management Agency, and the Government Accountability Office would have new implementation, data-collection, and reporting duties.
The bill was introduced on July 20, 2023, by Rep. Andrea Salinas and referred to the House Committee on Agriculture. It has not received a vote and, according to available records, saw no further action before the end of the session.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
24 Aug 2023
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Common questions
- What does H.R. 4804 do?
- H.R. 4804, the Insuring Fairness for Family Farmers Act of 2023, would direct the Federal Crop Insurance Corporation to revise the Standard Reinsurance Agreement and Livestock Price Reinsurance Agreement, which govern how the government subsidizes administrative and operating (A&O) costs paid to crop insurance agents. The bill sets fixed minimum and maximum A&O subsidy amounts per policyholder (with the maximum no more than 400% above the minimum), ties subsidy amounts to the complexity of issuing a policy rather than premium size, and adds a 10% bonus for policies covering small farms (under 180 acres), certain specialty crops without county-specific coverage, or first-time crop insurance buyers. Changes must be budget-neutral overall. The bill also requires public reporting of A&O subsidy and agent compensation data, data submission by insurance providers, a study on the effects of these changes, and a GAO report assessing the crop insurance program's structure and offering reform recommendations. The bill primarily affects farmers—especially smaller and specialty-crop operations and new policyholders—as well as crop insurance agents and approved insurance providers, by changing how subsidy payments are calculated and reported. The Department of Agriculture, the Risk Management Agency, and the Government Accountability Office would have new implementation, data-collection, and reporting duties. The bill was introduced on July 20, 2023, by Rep. Andrea Salinas and referred to the House Committee on Agriculture. It has not received a vote and, according to available records, saw no further action before the end of the session.
- Has H.R. 4804 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 4804. Check the latest action and official source below.
- Who sponsored H.R. 4804?
- H.R. 4804 was sponsored by Rep. Salinas, Andrea [D-OR-6] (D-OR), with 1 cosponsor.
- What's the latest action on H.R. 4804?
- Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. (24 Aug 2023).
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