H.R. 4305 — Introduced in House

I 115th CONGRESS 1st Session H. R. 4305 IN THE HOUSE OF REPRESENTATIVES November 8, 2017Mr. Duncan of Tennessee introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Federal Crop Insurance Act to prohibit payments of premium subsidy for harvest price policies. 1. Short title This Act may be cited as the Harvest Price Subsidy Prohibition Act. 2. Prohibition on premium subsidy for harvest price policies Section 508(e) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)) is amended by adding at the end the following: (9) Prohibition on premium subsidy for harvest price policies Notwithstanding any other provision of law and beginning with the 2018 reinsurance year, the Corporation may not pay any amount of premium subsidy in the case of a policy or plan of insurance that is based on the actual market price of an agricultural commodity at the time of harvest. .