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United States · Bill · S

S. 529 (106th)

Crop Insurance for the 21st Century Act

openUnited States· United States Congress· EN

Introduced

4 March 1999

Last action

23 March 1999 · Committee

Status

Committee on Finance. Hearings held. Hearings printed: S.Hrg. 106-187.

Sponsors

Sen. Roberts, Pat [R-KS], Sen. Kerrey, J. Robert [D-NE], Sen. Craig, Larry E. [R-ID], Sen. Burns, Conrad R. [R-MT], Sen. Hagel, Chuck [R-NE], Sen. Daschle, Thomas A. [D-SD], Sen. Conrad, Kent [D-ND], Sen. Baucus, Max [D-MT], Sen. Grassley, Chuck [R-IA], Sen. Johnson, Tim [D-SD], Sen. Harkin, Tom [D-IA], Sen. Dorgan, Byron L. [D-ND], Sen. Thomas, Craig [R-WY], Sen. Crapo, Mike [R-ID]

Subjects

Agriculture

Source updated

20 August 2025

Agriculture

Summary

TABLE OF CONTENTS: Title I: Crop Insurance Coverage Title II: Federal Crop Insurance Corporation and Risk Management Agency Crop Insurance for the 21st Century Act - Title I: Crop Insurance Coverage - Amends the Federal Crop Insurance Act to specify expected market price criteria for revenue or production-based insurance. Provides for 75 percent additional coverage. Revises Federal Crop Insurance Corporation premium subsidy provisions, including making provision for certain mandatory and discretionary payments. (Sec. 102) Provides average production history adjustments for: (1) new producers; (2) producers who are working new land or rotating crops; or (3) producers suffering from multiyear disaster losses. (Sec. 104) Authorizes the Corporation to pay a part of the premiums for specified additional coverage. (Sec. 105) Directs the Office of Risk Management to contract for a rating methodologies development pilot program. (Sec. 106) Includes livestock within crop insurance coverage. Title II: Federal Crop Insurance Corporation and Risk Management Agency - Amends the Federal Crop Insurance Act to revise the membership of the Corporation's Board of Directors. (Sec. 202) Amends the Department of Agriculture Reorganization Act of 1994 to place the Office of Risk Management under the direction of the Board. (Sec. 203) Amends the Federal Crop Insurance Act to direct the Secretary of Agriculture to establish an Office of Private Sector Partnership to provide specified Board-private sector liaison functions (Sec. 204) Directs the Board to review approved providers' insurance plans for commodity coverage adequacy, including development of insurance plans where appropriate. (Sec. 205) Authorizes specified insurance plan fees. (Sec. 206) Directs the Corporation to carry out a flexible subsidy pilot program to encourage private sector innovation through exclusive marketing rights and premium rate competition.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 March 1999

    Introduced

    Read twice and referred to the Committee on Agriculture.

    Source: IntroReferral

  2. 4 March 1999

    Introduced

    Sponsor introductory remarks on measure. (CR S2274-2275, S2277)

    Source: IntroReferral

  3. 4 March 1999

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 23 March 1999

    Committee

    Committee on Finance. Hearings held. Hearings printed: S.Hrg. 106-187.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 4 March 1999

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 4 March 1999

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 4 March 1999

    Open at official source

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Sponsors

Related records

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Sources

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