Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
This bill amends the Federal Crop Insurance Act to authorize the Federal Crop Insurance Corporation (FCIC) to conduct research and development, or contract for R&D, to create a single index insurance policy insuring agricultural income losses from specified weather conditions. It requires nationwide coverage (states, territories, and Indian Tribes), allows buy-up and buy-down options tied to county median adjusted gross income, prioritizes features like including on‑farm packing value, expedited payments within 30 days, seasonal coverage, reduced paperwork, and special consideration for small and underserved producers.
Scope of federal involvement: safety net expansion vs federal overreach
Relative to its intended legislative type, this bill establishes statutory authority for the Federal Crop Insurance Corporation to conduct research and development on a nationwide single-index agricultural income insurance policy and requires a public report to Congress, with some operational priorities and definitions included.
This bill amends the Federal Crop Insurance Act to authorize the Federal Crop Insurance Corporation (FCIC) to conduct research and development, or contract for R&D, to create a single index insurance policy insuring agricultural income losses from specified weather conditions.
It requires nationwide coverage (states, territories, and Indian Tribes), allows buy-up and buy-down options tied to county median adjusted gross income, prioritizes features like including on‑farm packing value, expedited payments within 30 days, seasonal coverage, reduced paperwork, and special consideration for small and underserved producers.
The FCIC must hold stakeholder meetings, may consult actuaries, and publish a report to Congress within one year describing results and recommendations.
Modest-to-moderate chance: technical, broadly noncontroversial design helps, but requires allocation of administrative resources and congressional attention.
Relative to its intended legislative type, this bill establishes statutory authority for the Federal Crop Insurance Corporation to conduct research and development on a nationwide single-index agricultural income insurance policy and requires a public report to Congress, with some operational priorities and definitions included.
Scope of federal involvement: safety net expansion vs federal overreach
These are examples from the analysis, not a ranked list of the most-affected groups.
Scope of federal involvement: safety net expansion vs federal overreach
Likely supportive overall because the bill targets climate-related income losses, includes underserved producers, and prioritizes faster payments and reduced paperwork.
Views the R&D focus as pragmatic but will press for affordability and equitable implementation.
Cautiously favorable: appreciates structured R&D, stakeholder consultation, and actuarial input but wants clear evidence of actuarial soundness, cost controls, and pilot evaluation before broad rollout.
Seeks measurable fiscal and operational details.
Skeptical: concerned this expands federal involvement in insurance and increases taxpayer exposure.
Prefers limiting FCIC to narrow R&D, preserving private-sector roles, and avoiding new long‑term federal commitments.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Modest-to-moderate chance: technical, broadly noncontroversial design helps, but requires allocation of administrative resources and congressional attention.
The bill has not accumulated any surfaced votes yet.
Scope of federal involvement: safety net expansion vs federal overreach
Modest-to-moderate chance: technical, broadly noncontroversial design helps, but requires allocation of administrative resources and congre…
Relative to its intended legislative type, this bill establishes statutory authority for the Federal Crop Insurance Corporation to conduct research and development on a nationwide single-index agricultural income insura…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.