Official Summaries

Crop Insurance for Future Farmers Act

This 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

• 15 percentage points in each of the 1st and 2nd reinsurance years,
• 13 percentage points in the 3rd year,
• 11 percentage points in the 4th year, and
• 10 percentage points in each of the 5th through the 10th reinsurance years.

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.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2117 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 2117

   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 HOUSE OF REPRESENTATIVES

                             March 14, 2025

Mr. Feenstra (for himself and Ms. Craig) introduced the following bill; 
           which was referred to the Committee on Agriculture

_______________________________________________________________________

                                 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.--Section 502(b)(3) 
of the Federal Crop Insurance Act (7 U.S.C. 1502(b)(3)) is amended by 
striking ``5 crop years'' and inserting ``10 crop years''.
    (b) Definition of Veteran Farmers and Ranchers.--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) 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 in the applicable 
                        policy or plan of insurance, 15 percentage 
                        points, respectively.
                            ``(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 in the 
                        applicable policy or plan of insurance, 13 
                        percentage points, respectively.
                            ``(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 
                        in the applicable policy or plan of insurance, 
                        11 percentage points, respectively.
                            ``(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 in the applicable 
                        policy or plan of insurance, 10 percentage 
                        points, respectively.''.
    (d) 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).
                                 <all>