,i #aac? ,,congress #a/ ,session ,h4 ,r4 #aiie ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ae1 #bjac ,mr4 ,k9d 7= himself1 ,mr4 ,petri1 ,mr4 ,blum5au]1 ,ms4 ,de,lauro1 ,mr4 ,waxman1 ,mr4 ,s5s5br5n]1 ,mr4 ,mc,govern1 & ,mr4 ,coop]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to re=m ! ,f$]al ,crop ,insurance ,act & r$uce ,f$]al sp5d+ on crop insurance4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,assi/+ ,family ,f>m]s ?r\gh ,insurance ,re=m ,measures ,act or ! ,,affirm ,act4 #b4 ,adju/$ gross income & p] p]son limitations on %>e ( insurance premiums paid by ,corporation ,section #ejh7;e77#a7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7;e77#a77 is am5d$-- 7#a7 by /rik+ ,= ! purpose & ins]t+ ! foll[+3 7,a7 ,paym5t au?ority ,= ! purpose 2 & 7#b7 by add+ at ! end ! foll[+ new subp>agraphs3 7,b7 ,adju/$ gross income limitation ,! ,corporation %all n pay a "p ( ! premium = additional cov]age = any p]son or legal entity t has an av]age adju/$ gross income 7z def9$ 9 section #ajja;,d ( ! ,food ,security ,act ( #aihe 7#g ,u4,s4,c4 #acjh-c;a77 9 excess ( #bej1jjj4 7,c7 ,p] p]son limitation ,! ,corporation %all n pay m ?an #dj1jjj to any p]son or legal entity = premiums "u ?is section4 4 #c4 ,cap on ov]all rate ( return = crop insurance provid]s ,section #ejh7k77#c7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7k77#c77 is am5d$-- 7#a7 by designat+ p>agraph 7#c7 z subp>agraph 7,a7 7& adju/+ ! m>g9 two ems to ! "r72 7#b7 by ins]t+ be=e subp>agraph 7,a7 7z s designat$7 ! foll[+3 7#c7 ,risk 2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 ,cap on ov]all rate ( return ,! t>get rate ( return = all ! companies comb9$ = ! #bjac & subsequ5t re9surance ye>s %all be #ab p]c5t ( reta9$ premium4 4 #d4 ,cap on reimbursem5ts = adm9i/rative & op]at+ exp5ses ( crop insurance provid]s ,section #ejh7k77#d7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7k77#d77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,g7 ,additional cap on reimbursem5ts ,not)/&+ subp>agraphs 7,a7 ?r\gh 7,f71 total reimbursem5ts = adm9i/rative & op]at+ co/s = ! #bjac insurance ye> = all types ( policies & plans ( insurance %all n exce$ #ijj1jjj1jjj4 ,= ea* subsequ5t insurance ye>1 ! doll> am\nt 9 effect pursuant to ! prec$+ s5t5ce %all be increas$ by ! same inflation factor z e/abli%$ = ! adm9i/rative & op]at+ co/s cap 9 ! #bjaa ,/&>d ,re9surance ,agreem5t4 4 #e4 ,budget limitations on r5egotiation ( /&>d re9surance agreem5t ,section #ejh7k77#h7 ( ! ,f$]al ,crop ,insurance ,act ( #aich 7#g ,u4,s4,c4 #aejh7k77#h77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,f7 ,r$uction 9 corporation obligations ,! ,bo>d %all ensure t any ,/&>d ,re9surance ,agreem5t negotiat$ "u subp>agraph 7,a77ii71 :5 comp>$ to ! imm$iately prec$+ ,/&>d ,re9surance ,agreem5t1 %all r$uce1 to ! maximum ext5t practicable1 ! obligations ( ! ,corporation "u subsections 7e77#b7 or 7k77#d7 or section #ebc4 4 #f4 ,crop insurance premium subsidies disclosure 9 ! public int]e/ ,section #ejb7;c77#b7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejb7;c77#b77 is am5d$-- 7#a7 by r$esignat+ subp>agraphs 7,a7 & 7,b7 z subp>agraphs 7,c7 & 7,d7 respectively2 & 7#b7 by ins]t+ be=e subp>agraph 7,c7 7z s r$esignat$7 ! foll[+3 7,a7 ,disclosure 9 ! public int]e/ ,not)/&+ p>agraph 7#a7 or any o!r provision ( law1 except z provid$ 9 subp>agraph 7,b71 ! ,secret>y %all on an annual basis make available to ! public-- 7i7 7,i7 ! "n ( ea* individual or entity :o obta9$ a f$]ally subsidiz$ crop insurance1 live/ock1 or =age policy or plan ( insurance dur+ ! previ\s fiscal ye>2 7,,ii7 ! am\nt ( premium subsidy receiv$ by ! individual or entity f ! ,corporation2 & 7,,iii7 ! am\nt ( any ,f$]al portion ( indemnities paid 9 ! ev5t ( a loss dur+ t fiscal ye> = ea* policy associat$ ) t individual or entity2 & 7ii7 = ea* private insurance provid]1 by "n-- 7,i7 ! und]writ+ ga9s e>n$ ?r\gh p>ticipation 9 ! f$]ally subsidiz$ crop insurance program2 & 7,,ii7 ! am\nt paid "u ?is subtitle =-- 7aa7 adm9i/rative & op]at+ exp5ses2 7bb7 any ,f$]al portion ( indemnities & re9surance2 & 7cc7 any o!r purpose4 7,b7 ,limitation ,! ,secret>y %all n disclose in=mation p]ta9+ to individuals & entities cov]$ by a cata/rophic risk protection plan (f]$ "u section #ejh7;b74 4