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United States · Law · HR

H.R. 2559 (106th)

Agricultural Risk Protection Act of 2000

enactedUnited States· United States Congress· EN

Introduced

20 July 1999

Last action

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Status

Became Public Law No: 106-224.

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

TABLE OF CONTENTS: Title I: Strengthening the Farm Safety Net Title II: Improving Program Efficiencies Title III: Administration Agricultural Risk Protection Act of 1999 - Title I: Strengthening the Farm Safety Net - Amends the Federal Crop Insurance Act to revise the crop insurance premium schedule for additional coverage, including elimination of the separate coverage-based premium criteria. Requires plans to disclose premium amounts paid by the Federal Crop Insurance Corporation. (Sec. 102) Establishes a premium schedule for other insurance plans based upon a percentage of the total premium used to define loss ratio and certain dollar amounts to be paid by the Corporation. (Sec. 103) States that if the Corporation uses actual production history to determine insurable yields for a commodity, a producer may elect to exclude certain years of production history depending upon whether the producer has a ten or five year consecutive production history. (Sec. 104) Directs the Corporation to periodically review crop insurance plan rating methodologies. (Sec. 105) Repeals authority for the cost of production risk protection and the assigned yield for new producer pilot programs. Authorizes the Corporation to offer pilot programs: (1) on a regional, State, or national basis; and (2) on a three-year, renewable, basis. Provides for the expedited consideration of certain limited-scope pilot programs. Directs the Corporation to conduct one or more livestock (cattle, sheep, swine, goats, poultry) pilot programs, including the use of futures and options contracts and insurance plans. Sets forth specified fiscal year expenditure caps. Authorizes the use of Corporation insurance fund amounts for such programs. (Sec. 106) Authorizes the Corporation to provide a cost of production price election under a production cost-based insurance plan. (Sec. 107) Authorizes the Corporation to provide performance-based discounts to producers of a commodity with good insurance or production experience relative to other producers in the same area. (Sec. 108) Directs the Corporation to offer an alternative risk protection coverage that indemnifies on an area yield and loss basis and provides, on a uniform national basis, a higher combination of yield and price protection. (Sec. 109) Authorizes cooperatives and other nonprofit trade associations to pay catastrophic insurance fees. (Sec. 110) Provides, with respect to prevented planting coverage, that: (1) a producer may elect out of coverage, with a corresponding premium reduction; (2) the Corporation shall offer an equal percentage of coverage for each commodity; and (3) substitute commodity planting shall be permitted, under specified conditions. (Sec. 112) Amends the Federal Agriculture Improvement and Reform Act of 1996 to authorize noninsured crop disaster assistance to producers in certain declared disaster areas. (Sec. 113) Makes noninsured crop disaster assistance available only to persons with adjusted gross incomes of two million dollars or less. Title II: Improving Program Efficiencies - Amends the Federal Crop Insurance Act to prohibit issuance of more than one insurance policy on the same acreage during a crop year unless such coverage is limited to catastrophic risk protection insurance, with an exception for areas with customary double-cropping practices. (Sec. 202) Directs the Secretary of Agriculture to improve program compliance and integrity through development of plans to: (1) reconcile producer information received by the Corporation and the Farm Service Agency (FSA); and (2) use FSA field infrastructure to identify and eliminate waste and fraud. Provides for related Corporation consultation with State FSA committees. (Sec. 203) Authorizes the Corporation to impose specified fines and program disqualifications upon an agent, producer, loss adjuster, insurance provider, or other person for willful and intentional false information provided with respect to an insurance plan or policy. (Sec. 204) Provides for protection of confidential information, including application of specified (confidentiality) penalties under the Food Security Act of 1985. Title III: Administration - Amends the Federal Crop Insurance Act to revise the composition of the Corporation Board of Directors. (Sec. 302) Directs the Corporation to reimburse applicants for research, development, and maintenance costs for insurance policies that are approved and offered for producer sale. (Sec. 303) Directs the Corporation to contract with qualified parties to research and develop insurance policies for underserved commodities, including specialty crops Prohibits the Corporation from conducting its own policy research and development. (Sec. 304) Provides specified funding for research and development on specialty crops and under-served communities and authorizes appropriations for reimbursement for research development and maintenance costs. (Sec. 305) Authorizes an approved insurance provider, university, or trade association or cooperative, or other person to submit a policy or plan for Board approval. States that if the Board does not approve or disapprove an application within 120 days it shall be deemed approved. (Sec. 306) Directs the Corporation to contract for rating insurance plans.

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19 official files

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