Crop Insurance Restoration Act

Summary

Crop Insurance Restoration Act This bill amends the Federal Crop Insurance Act to repeal changes regarding the Standard Reinsurance Agreement that were enacted as part of the Bipartisan Budget Act of 2015. The bill eliminates provisions that: (1) require the Department of Agriculture (USDA) to renegotiate the Standard Reinsurance Agreement no later than December 31, 2016, and at least once every five years thereafter, and (2) establish an 8.9% cap on the overall rate of return for insurance providers under the agreement. (The Standard Reinsurance Agreement is an agreement between USDA and the private companies that administer the federal crop insurance program. It specifies details such as administrative and operating expense reimbursements and risk sharing between USDA and the companies in the operation of the program.)

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Timeline

1. 28 October 2015

   Introduced

   Referred to the House Committee on Agriculture.

   Source: IntroReferral

2. 28 October 2015

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 October 2015

   Introduced

   Introduced in House

   Source: IntroReferral

4. 1 December 2015

   Referred

   Referred to the Subcommittee on General Farm Commodities and Risk Management.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 28 October 2015 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 October 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 28 October 2015

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 28 October 2015

  Open at official source

Sponsors

• David Young · R · Sponsor
• Lynn Jenkins · R · Cosponsor
• Mike Bost · R · Cosponsor
• Martha Roby · R · Cosponsor
• Rodney Davis · R · Cosponsor
• Luke Messer · R · Cosponsor
• Adrian Smith · R · Cosponsor
• Steve King · R · Cosponsor
• Rod Blum · R · Cosponsor
• Dan Newhouse · R · Cosponsor
• Darin LaHood · R · Cosponsor
• Kevin Yoder · R · Cosponsor
• Rep. Smith, Jason [R-MO-8] · R · Cosponsor
• Rep. Allen, Rick W. [R-GA-12] · R · Cosponsor
• Robert Aderholt · R · Cosponsor
• Jeff Fortenberry · R · Cosponsor
• John Moolenaar · R · Cosponsor
• David Valadao · R · Cosponsor
• JOHN SHIMKUS · R · Cosponsor
• Tom Emmer · R · Cosponsor
• Dennis Ross · R · Cosponsor
• Blake Farenthold · R · Cosponsor
• Bob Gibbs · R · Cosponsor
• Rep. Huelskamp, Tim [R-KS-1] · R · Cosponsor
• Randy Hultgren · R · Cosponsor
• Kevin Cramer · R · Cosponsor
• Scott DesJarlais · R · Cosponsor
• Ted Yoho · R · Cosponsor
• Sam Graves · R · Cosponsor
• WILLIAM THORNBERRY · R · Cosponsor
• Susan Brooks · R · Cosponsor
• Ryan Zinke · R · Cosponsor
• Vicky Hartzler · R · Cosponsor
• Ralph Abraham · R · Cosponsor
• Steve Stivers · R · Cosponsor
• Rep. Latta, Robert E. [R-OH-5] · R · Cosponsor
• · hsag00 · Standing

Related records

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