119-s1693

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 1693 Introduced in Senate

    (IS) ]

<DOC>

119th CONGRESS
 1st Session
 S. 1693

To amend the Federal Crop Insurance Act to provide premium support for 
 certain plans of insurance, and for other purposes.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 May 8, 2025

 Mr. Hoeven (for himself, Mr. Boozman, Mr. McConnell, Ms. Ernst, Mrs. 
Hyde-Smith, Mr. Marshall, Mr. Justice, Mr. Grassley, Mrs. Fischer, and 
 Mr. Moran) 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 provide premium support for 
 certain plans of insurance, 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 ``Federal Agriculture Risk Management 
Enhancement and Resilience Act of 2025'' or the ``FARMER Act of 2025''.

SEC. 2. PREMIUM SUPPORT FOR CERTAIN PLANS OF INSURANCE.

 

Section 508

    (e) of the Federal Crop Insurance Act of 1938 (7 U.S.C. 
1508

    (e) ) is amended--

    (1) by redesignating paragraph

    (8) as paragraph

    (9) ;

    (2) in paragraph

    (9) (as so redesignated) by striking ``and

    (7) '' and inserting ``

    (7) , and

    (8) ''; and

    (3) by inserting after paragraph

    (7) the following:
 ``

    (8) Premium support for certain plans of insurance.--
 Notwithstanding subparagraphs
        (F) and
        (G) of paragraph

    (2) , in 
 the case of an individual farm-based revenue protection or 
 yield protection plan of insurance, when a producer elects such 
 a plan of insurance based upon enterprise units or whole farm 
 units, the Corporation shall pay a part of the premium as 
 provided under those subparagraphs except that the applicable 
 factor shall be--
 ``
        (A) 77 percent in the case of the coverage level 
 described in paragraph

    (2)
        (F) ; and
 ``
        (B) 68 percent in the case of the coverage level 
 described in paragraph

    (2)
        (G) .''.

SEC. 3. COVERAGE LEVEL AND PREMIUM SUBSIDY UNDER SUPPLEMENTAL COVERAGE 
 OPTION.

    (a) Coverage Level.--

Section 508
            (c) (4)
            (C) of the Federal Crop 
Insurance Act (7 U.S.C. 1508
            (c) (4)
            (C) ) is amended--

    (1) in clause
            (ii) , by striking ``14'' and inserting 
 ``10''; and

    (2) in clause
            (iii) 
            (I) , by striking ``86'' and inserting 
 ``90''.

    (b) Premium Subsidy.--

Section 508

    (e)

    (2)
        (H)
            (i) of the Federal Crop 
Insurance Act (7 U.S.C. 1508

    (e)

    (2)
        (H)
            (i) ) is amended by striking ``65'' 
and inserting ``80''.

SEC. 4. STUDY.

 

Section 522
            (c) of the Federal Crop Insurance Act (7 U.S.C. 1522
            (c) ) 
is amended by adding at the end the following:
 ``

    (20) Study on supplemental coverage option.--
 ``
        (A) In general.--The Corporation shall carry out 
 a study, or offer to enter into 1 or more contracts 
 with 1 or more qualified persons to carry out a study, 
 to determine the feasibility of modifying the 
 supplemental coverage option described in 

section 508
            (c) (4)
            (C) to provide coverage for counties larger 
 than 1,400 square miles--
 ``
            (i) at a level smaller than county-wide; 
 and
 ``
            (ii) at a level greater than individual 
 coverage.
 ``
        (B) Report.--Not later than 1 year after the date 
 of enactment of this paragraph, the Corporation shall 
 submit to the Committee on Agriculture, Nutrition, and 
 Forestry of the Senate and the Committee on Agriculture 
 of the House of Representatives a report that 
 describes--
 ``
            (i) the results of the study carried out 
 under subparagraph
        (A) ; and
 ``
            (ii) any recommendations with respect to 
 those results.''.
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