United States · Bill · S
S. 1442 (114th)
ERASE Act
Introduced
21 May 2015
Last action
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Status
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sponsors
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Subjects
Discovery layer
Source updated
12 August 2025
Summary
Exclusion for Deficit Reduction in Agricultural Subsidies Elimination Act or the ERASE Act This bill amends the Federal Crop Insurance Act to eliminate a requirement that any renegotiated Standard Insurance Agreement (SRA) be budget neutral. The SRA is an agreement between the Department of Agriculture (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. Eliminating the budget neutrality requirement permits USDA to use the renegotiation of the SRA to achieve savings.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 21 May 2015
Introduced in Senate (PDF)
Introduced in Senate · EN · 21 May 2015
Introduced in Senate
summary · EN · 21 May 2015
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Sources
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- Official source: https://www.congress.gov/bill/114th-congress/senate-bill/1442
- Open data entity: https://api.congress.gov/v3/bill/114/s/1442