I 118TH CONGRESS 1ST SESSION H. R. 3904 To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JUNE 7, 2023 Mr. FEENSTRA (for himself and Ms. CRAIG) introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Crop Insurance for 4 Future Farmers Act’’. 5 SEC. 2. CROP INSURANCE SUPPORT FOR BEGINNING FARM- 6 ERS AND RANCHERS. 7 (a) DEFINITION OF BEGINNING FARMER OR RANCH- 8 ER.—Section 502(b)(3) of the Agricultural Adjustment 9 VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H3904.IH H3904 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •HR 3904 IH Act of 1938 (7 U.S.C. 1502(b)(3)) is amended by striking 1 ‘‘5 crop years’’ and inserting ‘‘10 crop years’’. 2 (b) INCREASE IN ASSISTANCE.—Section 508(e)(8) of 3 the Agricultural Adjustment Act of 1938 (7 U.S.C. 4 1508(e)(8)) is amended— 5 (1) by striking ‘‘Notwithstanding’’ and insert- 6 ing the following: 7 ‘‘(A) IN GENERAL.—Notwithstanding’’; 8 (2) by striking ‘‘is 10 percentage points greater 9 than’’ and inserting ‘‘is the amount of percentage 10 points specified in subparagraph (B) greater than’’; 11 and 12 (3) by adding at the end the following: 13 ‘‘(B) PERCENTAGE POINTS ADJUST- 14 MENTS.—For purposes of subparagraph (A), 15 the percentage points specified in this subpara- 16 graph are as follows: 17 ‘‘(i) For each of the first and second 18 reinsurance years that a beginning farmer 19 or rancher participates as a beginning 20 farmer or rancher in the applicable policy 21 or plan of insurance, 15 percentage points. 22 ‘‘(ii) For the third reinsurance year 23 that a beginning farmer or rancher partici- 24 pates as a beginning farmer or rancher in 25 VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3904.IH H3904 pbinns on DSKJLVW7X2PROD with $$_JOB 3 •HR 3904 IH the applicable policy or plan of insurance, 1 13 percentage points. 2 ‘‘(iii) For the fourth reinsurance year 3 that a beginning farmer or rancher partici- 4 pates as a beginning farmer or rancher in 5 the applicable policy or plan of insurance, 6 11 percentage points. 7 ‘‘(iv) For each of the fifth through 8 tenth reinsurance years that a beginning 9 farmer or rancher participates as a begin- 10 ning farmer or rancher in the applicable 11 policy or plan of insurance, 10 percentage 12 points.’’. 13 Æ VerDate Sep 11 2014 06:45 Jul 06, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H3904.IH H3904 pbinns on DSKJLVW7X2PROD with $$_JOB