Crop Insurance for Future Farmers Act

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Latest Action

Mar 14, 2025

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Summaries (1)

Introduced in Senate - Mar 14, 2025 00

Crop Insurance for Future Farmers ActThis bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers. (FCIP offers subsidized crop insurance policies that producers can purchase to cover a wide variety of crops and livestock.)Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning farmers or ranchers and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide<ul><li>15 percentage points in each of the 1st and 2nd reinsurance years,</li><li>13 percentage points in the 3rd year,</li><li>11 percentage points in the 4th year, and</li><li>10 percentage points in each of the 5th through the 10th reinsurance years.</li></ul>Under the bill, farmers and ranchers, and veteran farmers and ranchers, are eligible to qualify for the program for 10 years, an increase from 5 years under current law. Specifically, to be considered a beginning farmer or rancher, a person must not have actively operated and managed a farm or ranch for more than 10 crop years. To be considered a veteran farmer or rancher, a veteran must have (1) not operated a farm or ranch for more than 10 crop years, or (2) first obtained veteran status in the past 10 years.

Actions (2)

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Type: IntroReferral | Source: Senate

Mar 14, 2025

Introduced in Senate

Type: IntroReferral | Source: Library of Congress | Code: 10000

Mar 14, 2025

Subjects (1)

Agriculture and Food (Policy Area)

Cosponsors (1)

Sen. Thune, John [R-SD]

(R-SD)
Mar 14, 2025

Text Versions (1)

Introduced in Senate

Mar 14, 2025

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Full Bill Text

Length: 3,924 characters Version: Introduced in Senate Version Date: Mar 14, 2025 Last Updated: Nov 15, 2025 6:15 AM

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1073 Introduced in Senate

(IS) ]

<DOC>

119th CONGRESS
1st Session
S. 1073

To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers and veteran farmers and
ranchers, and for other purposes.

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

March 14, 2025

Ms. Klobuchar (for herself and Mr. Thune) introduced the following
bill; which was read twice and referred to the Committee on
Agriculture, Nutrition, and Forestry

_______________________________________________________________________

A BILL

To amend the Federal Crop Insurance Act to promote crop insurance
support for beginning farmers and ranchers and veteran farmers and
ranchers, and for other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1.

This Act may be cited as the ``Crop Insurance for Future Farmers
Act''.

SEC. 2.

VETERAN FARMERS AND RANCHERS.

(a) Definition of Beginning Farmer or Rancher.--

(1) In general.--

Section 502 (b) (3) of the Federal Crop Insurance Act (7 U.

(b)

(3) of the Federal Crop
Insurance Act (7 U.S.C. 1502

(b)

(3) ) is amended by striking
``5'' and inserting ``10''.

(2) Conforming amendment.--

Section 522 (c) (7) of the Federal Crop Insurance Act (7 U.

(c) (7) of the Federal
Crop Insurance Act (7 U.S.C. 1522
(c) (7) ) is amended by striking
subparagraph
(F) .

(b) Definition of Veteran Farmer or Rancher.--

Section 502 (b) (14) (B) of the Federal Crop Insurance Act (7 U.

(b)

(14)
(B) of the Federal Crop Insurance Act (7 U.S.C. 1502

(b)

(14)
(B) ) is
amended--

(1) in clause
(ii) , by striking ``5 years'' and inserting
``10 crop years''; and

(2) in clause
(iii) , by striking ``5-year'' and inserting
``10-year''.
(c) Increase in Assistance.--

Section 508 (e) (8) of the Federal Crop Insurance Act (7 U.

(e)

(8) of the Federal Crop
Insurance Act (7 U.S.C. 1508

(e)

(8) ) is amended--

(1) by striking ``Notwithstanding'' and inserting the
following:
``
(A) In general.--Notwithstanding'';

(2) in subparagraph
(A) (as so designated), by striking
``is 10 percentage points greater than'' and inserting ``is the
number of percentage points specified in subparagraph
(B) greater than''; and

(3) by adding at the end the following:
``
(B) Percentage points adjustments.--For purposes
of subparagraph
(A) , the percentage points specified in
this subparagraph are as follows:
``
(i) For each of the first and second
reinsurance years that a beginning farmer or
rancher or veteran farmer or rancher
participates as a beginning farmer or rancher
or veteran farmer or rancher, respectively, in
the applicable policy or plan of insurance, 15
percentage points.
``
(ii) For the third reinsurance year that
a beginning farmer or rancher or veteran farmer
or rancher participates as a beginning farmer
or rancher or veteran farmer or rancher,
respectively, in the applicable policy or plan
of insurance, 13 percentage points.
``
(iii) For the fourth reinsurance year
that a beginning farmer or rancher or veteran
farmer or rancher participates as a beginning
farmer or rancher or veteran farmer or rancher,
respectively, in the applicable policy or plan
of insurance, 11 percentage points.
``
(iv) For each of the fifth through tenth
reinsurance years that a beginning farmer or
rancher or veteran farmer or rancher
participates as a beginning farmer or rancher
or veteran farmer or rancher, respectively, in
the applicable policy or plan of insurance, 10
percentage points.''.
<all>

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1073 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 1073

 To amend the Federal Crop Insurance Act to promote crop insurance 
 support for beginning farmers and ranchers and veteran farmers and 
 ranchers, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 March 14, 2025

 Ms. Klobuchar (for herself and Mr. Thune) introduced the following 
 bill; which was read twice and referred to the Committee on 
 Agriculture, Nutrition, and Forestry

_______________________________________________________________________

 A BILL

 To amend the Federal Crop Insurance Act to promote crop insurance 
 support for beginning farmers and ranchers and veteran farmers and 
 ranchers, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Crop Insurance for Future Farmers 
Act''.

SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARMERS AND RANCHERS AND 
 VETERAN FARMERS AND RANCHERS.

    (a) Definition of Beginning Farmer or Rancher.--

    (1) In general.--

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''.

    (2) Conforming amendment.--

Section 522
            (c) (7) of the Federal 
 Crop Insurance Act (7 U.S.C. 1522
            (c) (7) ) is amended by striking 
 subparagraph
        (F) .

    (b) Definition of Veteran Farmer or Rancher.--

Section 502

    (b)

    (14)
        (B) of the Federal Crop Insurance Act (7 U.S.C. 1502

    (b)

    (14)
        (B) ) is 
amended--

    (1) in clause
            (ii) , by striking ``5 years'' and inserting 
 ``10 crop years''; and

    (2) in clause
            (iii) , by striking ``5-year'' and inserting 
 ``10-year''.
            (c) Increase in Assistance.--

Section 508

    (e)

    (8) of the Federal Crop 
Insurance Act (7 U.S.C. 1508

    (e)

    (8) ) is amended--

    (1) by striking ``Notwithstanding'' and inserting the 
 following:
 ``
        (A) In general.--Notwithstanding'';

    (2) in subparagraph
        (A) (as so designated), by striking 
 ``is 10 percentage points greater than'' and inserting ``is the 
 number of percentage points specified in subparagraph
        (B) greater than''; and

    (3) by adding at the end the following:
 ``
        (B) Percentage points adjustments.--For purposes 
 of subparagraph
        (A) , the percentage points specified in 
 this subparagraph are as follows:
 ``
            (i) For each of the first and second 
 reinsurance years that a beginning farmer or 
 rancher or veteran farmer or rancher 
 participates as a beginning farmer or rancher 
 or veteran farmer or rancher, respectively, in 
 the applicable policy or plan of insurance, 15 
 percentage points.
 ``
            (ii) For the third reinsurance year that 
 a beginning farmer or rancher or veteran farmer 
 or rancher participates as a beginning farmer 
 or rancher or veteran farmer or rancher, 
 respectively, in the applicable policy or plan 
 of insurance, 13 percentage points.
 ``
            (iii) For the fourth reinsurance year 
 that a beginning farmer or rancher or veteran 
 farmer or rancher participates as a beginning 
 farmer or rancher or veteran farmer or rancher, 
 respectively, in the applicable policy or plan 
 of insurance, 11 percentage points.
 ``
            (iv) For each of the fifth through tenth 
 reinsurance years that a beginning farmer or 
 rancher or veteran farmer or rancher 
 participates as a beginning farmer or rancher 
 or veteran farmer or rancher, respectively, in 
 the applicable policy or plan of insurance, 10 
 percentage points.''.
 <all>

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