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US HB4322

Bill

Official Source

Status

Introduced

7/10/2025

Primary Sponsor

Randy Feenstra

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Requires the Secretary of Agriculture to update Livestock Indemnity Program payment rates on a quarterly basis to reflect current market prices
  • Mandates coordination with the Administrator of the Agricultural Marketing Service when determining market values for livestock indemnity payments
  • Authorizes the Secretary to use other appropriate resources beyond the Agricultural Marketing Service for market value determinations
  • Amends Section 1501(b)(2) of the Agricultural Act of 2014 (7 U.S.C. 9081(b)(2)) to codify these payment rate update requirements

Legislative Description

Livestock Indemnity Program Improvement Act of 2025

Agriculture and food

Last Action

Referred to the House Committee on Agriculture.

7/10/2025

Committee Referrals

Agriculture7/10/2025

Full Bill Text

No bill text available