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US HB3283
Bill
Status
5/8/2025
Primary Sponsor
Brad Finstad
Click for details
AI Summary
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Increases federal premium support for individual farm-based revenue or yield protection plans using enterprise or whole farm units to 77% for one coverage level and 68% for another coverage level
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Modifies the Supplemental Coverage Option by reducing the coverage threshold from 14% to 10% and increasing the coverage level from 86% to 90%
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Raises the federal premium subsidy for the Supplemental Coverage Option from 65% to 80%
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Requires the Federal Crop Insurance Corporation to study the feasibility of providing supplemental coverage for counties larger than 1,400 square miles at a level between countywide and individual coverage
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Mandates a report to the Senate and House Agriculture Committees within 1 year of enactment detailing study results and recommendations
Legislative Description
FARMER Act Federal Agriculture Risk Management Enhancement and Resilience Act
Agriculture and food
Last Action
Referred to the House Committee on Agriculture.
5/8/2025