,i #aae? ,,congress #a/ ,session ,h4 ,r4 #dcaf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #h1 #bjag ,mr4 ,walz 7= himself & ,mr4 ,=t5b]ry7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture1 & 9 addition to ! ,committee on ,appropriations1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to provide = ! re=m & cont9uation ( ! beg9n+ f>m] & ran*] program1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,beg9n+ ,f>m] & ,ran*] ,opportunity ,act ( #bjag4 7b7 ,table ( cont5ts ,! table ( cont5ts ( ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,title ,i--,cons]vation ,sec4 #aja4 ,cons]vation res]ve4 ,sec4 #ajb4 ,contracts4 ,sec4 #ajc4 ,e/abli%m5t & adm9i/ration ( environm5tal quality inc5tives program4 ,sec4 #ajd4 ,cons]vation innovation grants & paym5ts4 ,sec4 #aje4 ,commodity ,cr$it ,corporation4 ,sec4 #ajf4 ,agricultural l& easem5ts4 ,title ,,ii--,cr$it ,sec4 #bja4 ,adju/m5t ( maximum limit on am\nt ( direct f>m own]%ip loans = regional f>m real e/ate inflation2 au?ority to make or gu>antee f>m own]%ip microloans4 ,sec4 #bjb4 ,coop]ative agreem5ts4 ,sec4 #bjc4 ,borr[] tra9+4 ,sec4 #bjd4 ,fund+ ( individual developm5t acc\nts4 ,title ,,iii--,rural developm5t ,sec4 #cja4 ,rural micro5trepr5eur assi/ance program4 ,title ,,iv--,rese>*1 ,education1 & ,ext5sion ,sec4 #dja4 ,beg9n+ f>m] & ran*] developm5t program4 ,sec4 #djb4 ,agriculture & ,food ,rese>* ,initiative4 ,sec4 #djc4 ,f>ml& t5ure4 ,title ,v--,crop ,insurance ,sec4 #eja4 ,consi/5t beg9n+ f>m] & ran*] def9ition "u ,f$]al ,crop ,insurance ,act4 ,sec4 #ejb4 ,risk managem5t p>tn]%ip programs4 ,sec4 #ejc4 ,fund+ = crop insurance rese>*1 developm5t1 & ma9t5ance co/s4 ,sec4 #ejd4 ,crop insurance education & in=mation = produc]s4 ,sec4 #eje4 ,beg9n+ f>m] & ran*] disa/] assi/ance4 ,sec4 #ejf4 ,beg9n+ f>m] & ran*] crop insurance /udy4 ,title ,,vi--,miscellane\s ,sec4 #fja4 ,small & beg9n+ f>m] & ran*] coord9ators4 ,i ,cons]vation #aja4 ,cons]vation res]ve ,section #abca ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chca7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ #bjah & ins]t+ #bjbc2 7#b7 9 subsection 7b7-- 7,a7 9 p>agraph 7#e77;,b77ii71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,b7 by add+ at ! end ! foll[+3 7#f7 l& t is transition+ "u ! t]ms ( section #abce7;f74 2 & 7#c7 9 subsection 7d71 by add+ at ! end ! foll[+3 7#c7 ,transition options ,= ! purposes ( apply+ ! limitations 9 p>agraph 7#a71 ! ,secret>y %all n c\nt acres transition+ "u ! t]ms ( section #abce7;f74 4 #ajb4 ,contracts ,section #abce ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chce7 is am5d$-- 7#a7 9 subsection 7c77#a77;,b77iii71 by /rik+ a retir$ or retir+ own] or op]ator & ins]t+ an eligible l&[n] 7z def9$ 9 section #abce7;f77#a77;,a772 7#b7 9 subsection 7f7-- 7,a7 9 ! head+ by /rik+ ,option & ins]t+ ,options2 7,b7 by /rik+ p>agraphs 7#a7 & 7#b71 & ins]t+ ! foll[+3 7#a7 ,def9itions 7,a7 ,eligible l&[n] ,9 ?is subsection1 ! t]m eligible l&[n] means a l&[n] :o is-- 7i7 a curr5t contract hold] "u ! cons]vation res]ve program2 & 7ii7 9 ! case ( ! transition ( f>ml& ?r\gh a long-t]m lease or r5tal agreem5t z outl9$ 9 p>agraph 7#b77;,a77ii71 at lea/ #fe ye>s ( age4 7,b7 ,cov]$ f>m] ,9 ?is subsection1 ! t]m cov]$ f>m] means a beg9n+ f>m] or ran*]1 a socially disadvantag$ f>m] or ran*]1 or a vet]an f>m] or ran*] 7z def9$ 9 section #beja7;e7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;e7771 :o is n a family memb] 7z def9$ 9 section #ajja ( ?is ,act7 ( ! eligible l&[n]4 7#b7 ,transition to cov]$ f>m] ,9 ! case ( a contract modification approv$ 9 ord] to facilitate ! transf] ( l& subject to a contract f an eligible l&[n] to a cov]$ f>m]1 ! ,secret>y %all-- 7,a7 all[ ! eligible l&[n] to t]m9ate ! contract up to-- 7i7 #c ye>s e>ly1 )\t p5alty1 & beg9n+ on ! date ( t]m9ation1 sell to ! cov]$ f>m] ! l& subject to ! contract = production purposes2 or 7ii7 #b ye>s e>ly1 )\t p5alty1 & beg9n+ on ! date ( t]m9ation1 lease 7"u a long-t]m lease or a lease ) an option to pur*ase7 to ! cov]$ f>m] ! l& subject to ! contract = production purposes2 7,b7 beg9n+ on ! date t is #b ye>s be=e ! date ( t]m9ation ( ! contract-- 7i7 all[ ! cov]$ f>m]1 9 conjunction ) ! eligible l&[n]1 to make cons]vation & l& improvem5ts1 includ+ prep>+ to plant an agricultural crop2 & 7ii7 all[ ! cov]$ f>m] to beg9 ! c]tification process "u ! ,organic ,foods ,production ,act ( #aiij 7#g ,u4,s4,c4 #feja et seq472 7,c7 require ! cov]$ f>m] to develop & implem5t a compreh5sive cons]vation plan t addresses all res\rce conc]ns & meets su* su/a9ability crit]ia z ! ,secret>y may e/abli%2 7,d7 provide to ! cov]$ f>m] an opportunity to enroll 9 ! cons]vation /ew>d%ip program or ! environm5tal quality inc5tives program at any "t beg9n+ on ! date t is #a ye> be=e ! date ( t]m9ation ( ! contract1 includ+ te*nical & f9ancial assi/ance 9 ! developm5t ( a compreh5sive cons]vation plan2 7,e7 provide ! cov]$ f>m] ) ! option to re5roll any applicable p>tial field cons]vation practice t-- 7i7 is eligible = enrollm5t "u ! cont9u\s signup option pursuant to section #abcd7;d77#b77;,a77ii72 & 7ii7 is "p ( an approv$ cons]vation plan2 & 7,f7 cont9ue to make annual paym5ts to ! eligible l&[n] = n m ?an-- 7i7 an additional #c ye>s aft] ! date ( t]m9ation ( ! contract 9 ! case ( ! sale ( f>ml& to ! cov]$ f>m]2 or 7ii7 an additional #b ye>s aft] ! date ( t]m9ation ( ! contract 9 ! case ( a long-t]m lease ( f>ml& to ! cov]$ f>m]4 4 #ajc4 ,e/abli%m5t & adm9i/ration ( environm5tal quality inc5tives program ,section #abdj;,b ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#b7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ #bjae & ins]t+ #bjbc2 & 7#b7 9 subsection 7d77#d77;,b7-- 7,a7 9 clause 7i7-- 7i7 by /rik+ ,n m ?an & ins]t+ ,! ,secret>y %all provide at lea/2 & 7ii7 by /rik+ may be provid$ 9 advance = ! purpose ( & ins]t+ 9 advance = all co/s relat$ to2 & 7,b7 9 clause 7ii71 by /rik+ #ij-;day & ins]t+ #ahj-;day4 #ajd4 ,cons]vation innovation grants & paym5ts ,section #abdj;,h ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#h7 is am5d$ 9-- 7#a7 9 subsection 7a77#b77;,d71 by ins]t+ & by beg9n+ & socially disadvantag$ f>m]s & ran*]s aft] specialty crops2 & 7#b7 9 subsection 7b77#b71 by /rik+ #bjah & ins]t+ #bjbc4 #aje4 ,commodity ,cr$it ,corporation ,section #abda ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chda7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ #bjah & ins]t+ #bjbc2 & 7,b7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,a71 by /rik+ 2 & & ins]t+ a semicolon2 7ii7 by r$esignat+ subp>agraph 7,b7 z subp>agraph 7,c7 & ins]t+ aft] subp>agraph 7,a7 ! foll[+3 7,b7 su* sums z are necess>y to c>ry out section #abce7;f7 to facilitate ! transf] ( l& subject to contracts "u ! cons]vation res]ve program f an eligible l&[n] to beg9n+ f>m]s or ran*]s & socially disadvantag$ f>m]s or ran*]s2 & 2 & 7iii7 9 subp>agraph 7,c7 7z s r$esignat$7-- 7,i7 by /rik+ #cc1jjj1jjj & ins]t+ #e1jjj1jjj2 & 7,,ii7 by /rik+ #bjad ?r\gh #bjah & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ #bjai ?r\gh #bjbc = outrea* & te*nical assi/ance 9 c>ry+ out section #abce7;f742 & 7#b7 9 subsection 7h77#a7-- 7,a7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ #bjah & ins]t+ #bjbc2 7,b7 9 subp>agraph 7,a71 by /rik+ #e p]c5t & ins]t+ #ae p]c5t2 & 7,c7 9 subp>agraph 7,b71 by /rik+ #e p]c5t & ins]t+ #ae p]c5t4 #ajf4 ,agricultural l& easem5ts ,section #abfe;,b7b77#c7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chfe;b7b77#c77 is am5d$ by add+ at ! end ! foll[+3 7,d7 ,priority ,9 evaluat+ applications "u ! program1 ! ,secret>y %all give priority to an application = ! pur*ase ( an agricultural l& easem5t t-- 7i7 ma9ta9s agricultural viability1 z det]m9$ by ! ,secret>y2 or 7ii7 includes1 z a condition ( ! easem5t1 a requirem5t t any subsequ5t pur*ase ( ! l& subject to ! easem5t %all be at agricultural value4 4 ,,ii ,cr$it #bja4 ,adju/m5t ( maximum limit on am\nt ( direct f>m own]%ip loans = regional f>m real e/ate inflation2 au?ority to make or gu>antee f>m own]%ip microloans ,section #cje ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aibe7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by /rik+ #cjj1jjj & ins]t+ #ejj1jjj 7increas$1 beg9n+ ) fiscal ye> #bjai1 by ! regional f>m real e/ate inflation p]c5tage applicable to ! location :]e ! f>m involv$ is locat$ = ! fiscal ye> 9 :i* ! loan is made1 & decreas$ by ! am\nt ( any unpaid indebt$ness ( ! borr[] on direct loans "u subtitle ,b72 & 7,b7 by ins]t+ co/ be=e inflation p]c5tage2 7#b7 9 subsection 7c7-- 7,a7 9 ! subsection head+1 by /rik+ ,inflation p]c5tage & ins]t+ ,co/ inflation p]c5tage2 & 7,b7 9 ! text1 by ins]t+ co/ be=e inflation p]c5tage2 & 7#c7 by add+ at ! end ! foll[+3 7d7 ,regional f>m real e/ate inflation p]c5tage 7#a7 ,9 g5]al ,= purposes ( ?is section1 ! regional f>m real e/ate inflation p]c5tage applicable to a f>m = a fiscal ye> is ! p]c5tage 7if any7 by :i*-- 7,a7 ! regional f>m real e/ate inflation index develop$ "u p>agraph 7#b7 = ! region 9 :i* ! f>m is locat$1 = ! #ab-mon? p]iod end+ on ,augu/ #ca ( ! imm$iately prec$+ fiscal ye>2 exce$s 7,b7 ! av]age ( ! index 7z s def9$7 = ! #ab-mon? p]iod end+ on ,augu/ #ca1 #bjah4 7#b7 ,developm5t ,! ,secret>y %all develop a regional f>m real e/ate inflation index = measur+ p]iodic *anges 9 ! price ( f>m real e/ate 9 ea* geographic region ( ! ,unit$ ,/ates1 us+ data f ! ,national ,agricultural ,/ati/ics ,s]vice4 7e7 ,microloans 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ! ,secret>y may e/abli% a program to make or gu>antee microloans4 7#b7 ,limitations ,! ,secret>y %all n make or gu>antee a microloan "u ?is subsection t w\ld cause ! total pr9cipal indebt$ness out/&+ at any #a "t = microloans made "u ?is subtitle to any #a borr[] to exce$ #ej1jjj4 7#c7 ,applications ,to ! maximum ext5t practicable1 ! ,secret>y %all limit ! adm9i/rative burd5s & /reaml9e ! application & approval process = microloans "u ?is subsection4 4 #bjb4 ,coop]ative agreem5ts ,section #cac7;c7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aidc7;c77 is am5d$-- 7#a7 9 p>agraph 7#b71 by /rik+ title & ins]t+ subtitle2 & 7#b7 9 p>agraph 7#d7-- 7,a7 9 ! p>agraph head+1 by /rik+ l5d+ pilot projects & ins]t+ agreem5ts2 7,b7 by /rik+ subp>agraphs 7,a7 ?r\gh 7,c7 & ins]t+ ! foll[+3 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 dur+ ea* ( ! #bjah ?r\gh #bjbc fiscal ye>s1 ! ,secret>y may ent] into coop]ative agreem5ts ) community developm5t f9ancial in/itutions & nonpr(it organizations1 z ! ,secret>y det]m9es appropriate1 to provide bus9ess1 f9ancial1 m>ket+1 & cr$it managem5t s]vices & te*nical assi/ance to microloan borr[]s4 7,b7 ,eligibility ,to be eligible = a coop]ative agreem5t "u subp>agraph 7,a71 an in/itution describ$ 9 subp>agraph 7,a7 %all1 z det]m9$ by ! ,secret>y-- 7i7 h a prov5 track record ( successfully assi/+ agricultural borr[]s2 & 7ii7 h ! s]vices ( a /aff ) appropriate exp]tise 9 bus9ess1 f9ancial1 m>ket+1 cr$it managem5t s]vices1 & te*nical assi/ance4 2 7#c7 9 subp>agraph 7,d7-- 7,a7 by /rik+ 7,d7 & ins]t+ 7,c72 & 7,b7 by /rik+ loan & ins]t+ coop]ative agreem5t2 & 7#d7 by /rik+ subp>agraph 7,e74 #bjc4 ,borr[] tra9+ ,section #cei ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #bjjf;a7 is am5d$ by add+ at ! end ! foll[+3 7g7 ,coord9ation ,! ,secret>y %all ensure1 to ! maximum ext5t practicable1 t f9ancial managem5t tra9+ programs fund$ "u ! beg9n+ f>m] & ran*] developm5t program "u section #gdje ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb are design$ s t-- 7#a7 successful completion ( su* a f9ancial managem5t tra9+ program w satisfy ! borr[] tra9+ requirem5ts "u ?is section2 & 7#b7 a contract to provide su* a f9ancial managem5t tra9+ program may be ent]$ into "u subsection 7b74 4 #bjd4 ,fund+ ( individual developm5t acc\nts ,section #ccc;,b7h7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aihc;b7h77 is am5d$ to read z foll[s3 7h7 ,au?orization ( appropriations ,9 addition to any am\nts provid$ "u section #gdje ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #ccai;f7 = su* purpose1 !re is au?oriz$ to be appropriat$ to c>ry out ?is section #e1jjj1jjj = ea* ( fiscal ye>s #bjai ?r\gh #bjbc4 4 ,,iii ,rural developm5t #cja4 ,rural micro5trepr5eur assi/ance program ,section #cgi;,e7d7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #bjjhs7d77 is am5d$-- 7#a7 by /rik+ p>agraph 7#a7 & ins]t+ ! foll[+3 7#a7 ,m&atory fund+ ,( ! funds ( ! ,commodity ,cr$it ,corporation1 ! ,secret>y %all use #e1jjj1jjj = ea* ( fiscal ye>s #bjai ?r\gh #bjbc to c>ry out ?is section1 to rema9 available until exp5d$4 2 & 7#b7 9 p>agraph 7#b71 by /rik+ #bjji ?r\gh #bjah & ins]t+ #bjai ?r\gh #bjbc4 ,,iv ,rese>*1 ,education1 & ,ext5sion #dja4 ,beg9n+ f>m] & ran*] developm5t program ,section #gdje ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #ccai;f7 is am5d$-- 7#a7 by /rik+ subsection 7b7 & r$esignat+ subsection 7c7 z subsection 7b72 7#b7 9 subsection 7b71 z s r$esignat$-- 7,a7 9 ! head+1 by /rik+ ,grants & ins]t+ ,programs2 7,b7 by am5d+ p>agraph 7#a7 to read z foll[s3 7#a7 ,9 g5]al ,! ,secret>y %all e/abli% a beg9n+ f>m] & ran*] developm5t program to provide tra9+1 education1 outrea*1 & te*nical assi/ance initiatives to increase opportunities = beg9n+ f>m]s or ran*]s4 2 7,c7 by ins]t+ or coop]ative agreem5ts aft] grants ea* place x appe>s2 7,d7 by ins]t+ or coop]ative agreem5t aft] grant ea* place x appe>s2 7,e7 by /rik+ subsection ea* place x appe>s & ins]t+ section2 7,f7 9 p>agraph 7#c77;,a71 by /rik+ ,a grant & ins]t+ ,except z provid$ 9 subsections 7e7 & 7h71 a grant2 7,g7 9 p>agraph 7#e7-- 7i7 by r$esignat+ subp>agraphs 7,e7 & 7,f7 z subp>agraphs 7,f7 & 7,g71 respectively2 & 7ii7 by ins]t+ aft] subp>agraph 7,d7 ! foll[+ new subp>agraph3 7,e7 degree ( involvem5t ( f>m]s 9 project design1 implem5tation1 & decision-mak+2 2 & 7,h7 by /rik+ p>agraphs 7#d71 7#h71 & 7#aa7 & r$esignat+ p>agraphs 7#e71 7#f71 7#g71 7#i71 & 7#aj7 z p>agraphs 7#d71 7#e71 7#f71 7#g71 & 7#h71 respectively2 7#c7 by ins]t+ aft] subsection 7b71 z s r$esignat$1 ! foll[+ new subsection3 7c7 ,grant requirem5ts 7#a7 ,9 g5]al ,9 c>ry+ out ?is subsection1 ! ,secret>y %all make competitive grants to support new & e/abli%$ local & regional tra9+1 education1 outrea*1 & te*nical assi/ance initiatives to increase opportunities = beg9n+ f>m]s or ran*]s1 includ+ programs & s]vices 7z appropriate7 relat+ to-- 7,a7 basic live/ock1 =e/ managem5t & crop f>m+ practices2 7,b7 innovative f>m1 ran*1 & private non9du/rial =e/ l& access1 & transf] & succession /rategies & programs2 7,c7 entrepr5eur%ip & bus9ess tra9+2 7,d7 f9ancial & risk managem5t tra9+ 7includ+ ! acquisition & managem5t ( agricultural cr$it72 7,e7 natural res\rce managem5t & plann+2 7,f7 div]sification & m>ket+ /rategies2 7,g7 curriculum developm5t2 7,h7 m5tor+1 appr5tice%ips1 & int]n%ips2 7,i7 res\rces & ref]ral2 7,j7 f>m f9ancial b5*m>k+2 7,k7 te*nical assi/ance to help beg9n+ f>m]s or ran*]s 9 acquir+ l& f retir+ f>m]s & ran*]s2 7,l7 agricultural rehabilitation & vocational tra9+ = vet]ans2 7,m7 food safety 7includ+ good agricultural practices tra9+72 7,n7 f>m safety & aw>5ess2 & 7,o7 o!r simil> subject areas ( use to beg9n+ f>m]s or ran*]s4 7#b7 ,set-aside 7,a7 ,9 g5]al ,n less ?an #e p]c5t ( ! funds us$ to c>ry out ?is subsection = a fiscal ye> %all be us$ to support programs & s]vices t specifically focus on address+ ! ne$s (-- 7i7 limit$ res\rce beg9n+ f>m]s or ran*]s 7z def9$ by ! ,secret>y72 7ii7 socially disadvantag$ f>m]s or ran*]s 7z def9$ 9 section #cee7;e7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #bjjc7;e77 :o are beg9n+ f>m]s & ran*]s2 & 7iii7 f>mwork]s desir+ to become f>m]s or ran*]s4 7,b7 ,vet]an f>m]s & ran*]s ,n less ?an #e p]c5t ( ! funds us$ to c>ry out ?is subsection = a fiscal ye> %all be us$ to support programs & s]vices t specifically focus on address+ ! ne$s ( vet]an f>m]s & ran*]s 7z def9$ 9 section #beja7;e7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;e774 7#c7 ,limitation on indirect co/s ,a recipi5t ( a grant "u ?is subsection may n use m ?an #ae p]c5t ( ! grant funds = ! indirect co/s ( c>ry+ out ! initiatives describ$ 9 p>agraph 7#a74 2 7#d7 9 subsection 7d7-- 7,a7 9 p>agraph 7#a7-- 7i7 by /rik+ & conduct & ins]t+ 1 conduct2 & 7ii7 by /rik+ ! p]iod at ! end & ins]t+ 1 or provide tra9+ & te*nical assi/ance initiatives = beg9n+ f>m]s or ran*]s or = tra9]s & s]vice provid]s t "w ) beg9n+ f>m]s or ran*]s42 7,b7 9 p>agraph 7#b7-- 7i7 by ins]t+ 1 educational programs & work%ops1 or tra9+ & te*nical assi/ance initiatives aft] curricula2 & 7ii7 by /rik+ modules & ins]t+ cont5t2 7,c7 by am5d+ p>agraph 7#d7 to read z foll[s3 7#d7 ,coop]ative agreem5t ,not)/&+ *apt] #fc ( title #ca1 ! ,secret>y may ent] into a coop]ative agreem5t to reflect ! t]ms ( any coop]ation "u ?is subsection4 2 7#e7 9 subsection 7e7-- 7,a7 by /rik+ ,! ,secret>y %all & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,! ,secret>y %all 2 & 7,b7 by add+ at ! end ! foll[+ new p>agraphs3 7#b7 ,funds ,! ,secret>y %all n use m ?an #ajj1jjj ea* ye> to support ! activities "u ?is subsection4 7#c7 ,review ,! ,secret>y %all review ! activities & p]=mance ( ! cle>+h\se "u ?is section e #e ye>s4 7#d7 ,coop]ative agreem5t ,not)/&+ *apt] #fc ( title #ca1 ! ,secret>y may ent] into a coop]ative agreem5t to reflect ! t]ms ( any coop]ation "u ?is subsection4 2 7#f7 9 subsection 7g7-- 7,a7 by ins]t+ 7includ+ retir+ f>m]s & non-f>m+ l&[n]s7 be=e f p>ticipat+ 9 programs2 & 7,b7 by /rik+ educat+ & ins]t+ increas+ opportunities =2 7#g7 by r$esignat+ subsection 7h7 z subsection 7i71 & ins]t+ aft] subsection 7g7 ! foll[+ new subsection3 7h7 ,individual developm5t acc\nts 7#a7 ,9 g5]al ,! ,secret>y may transf] up to #aj1jjj1jjj 7plus allocable co/s7 p] ye> ( funds made available "u ?is section = individual developm5t acc\nts z au?oriz$ "u section #ccc;,b ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aihc;b74 7#b7 ,adm9i/rative co/ ,! ,secret>y may n use m ?an #d p]c5t ( ! funds transf]r$ "u ?is subsection = adm9i/rative co/s incurr$ 9 implem5t+ ! individual developm5t acc\nts au?oriz$ "u section #ccc;,b ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aihc;b74 2 & 7#h7 9 subsection 7i71 z s r$esignat$-- 7,a7 9 p>agraph 7#a7-- 7i7 9 ! head+1 by /rik+ = fiscal ye>s #bjji ?r\gh #bjah2 7ii7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7iii7 9 subp>agraph 7,c71 by /rik+ 1 to rema9 available until exp5d$4 & ins]t+ a semicolon2 & 7iv7 by add+ at ! end ! foll[+ new subp>agraphs3 7,d7 #cj1jjj1jjj = ea* ( fiscal ye>s #bjai ?r\gh #bjbj2 7,e7 #dj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjbb2 & 7,f7 #ej1jjj1jjj = ea* ( fiscal ye>s #bjbc & ea* fiscal ye> !reaft]1 to rema9 available until exp5d$4 2 & 7,b7 9 p>agraph 7#b7-- 7i7 9 ! p>agraph head+1 by /rik+ = fiscal ye>s #bjad ?r\gh #bjah2 & 7ii7 by /rik+ #bjah & ins]t+ #bjbc4 #djb4 ,agriculture & ,food ,rese>* ,initiative ,subsection 7b7 ( ! ,competitive1 ,special1 & ,facilities ,rese>* ,grant ,act 7#g ,u4,s4,c4 #dej;i7b77 is am5d$-- 7#a7 9 p>agraph 7#b77;,f7-- 7,a7 9 clause 7vi71 by /rik+ &2 7,b7 9 clause 7vii71 by /rik+ ! p]iod & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7viii7 b>ri]s & bridges to entry & f>m viability = "y1 beg9n+1 socially disadvantag$1 vet]an1 & immigrant f>m]s & ran*]s1 includ+ f>m succession1 transition1 transf]1 entry1 & pr(itability issues4 2 & 7#b7 9 p>agraph 7#aa77;,a7-- 7,a7 9 ! matt] prec$+ clause 7i71 by /rik+ #bjah & ins]t+ #bjbc2 & 7,b7 9 clause 7i71 by /rik+ pursuant to & ins]t+ z def9$ 94 #djc4 ,f>ml& t5ure 7a7 ,9 g5]al ,! ,secret>y %all collect & report data & analysis on f>ml& own]%ip1 t5ure1 transition1 & entry ( beg9n+ f>m]s4 7b7 ,requirem5ts ,9 c>ry+ out subsection 7a71 ! ,secret>y %all1 at a m9imum-- 7#a7 collect & di/ribute compreh5sive annual report+ ( tr5ds 9 f>ml& own]%ip1 t5ure1 transition1 b>ri]s to entry1 pr(itability & viability ( beg9n+ f>m]s2 7#b7 develop surveys & report /ati/ical & economic analysis on f>ml& own]%ip1 t5ure1 transition1 b>ri]s to entry1 pr(itability & viability ( beg9n+ f>m]s1 includ+ a regul> foll[-on survey to ea* ,c5sus ( ,agriculture2 & 7#c7 au?orize ! ,national ,agricultural ,/ati/ics ,s]vice to create & adm9i/] a foll[-on survey to ! ,t5ure1 ,own]%ip1 & ,transition ( ,agricultural ,l& survey to-- 7,a7 inve/igate ! ext5t to :i* non-f>m+ l&[n]s are pur*as+ & hold+ onto f>ml& = ! sole purpose ( real e/ate inve/m5t2 & 7,b7 ! impact ( ^! f>ml& own]%ip tr5ds on ! successful entry & viability ( beg9n+ f>m]s4 7c7 ,fund+ ,!re are au?oriz$ to be appropriat$ to c>ry out ?is section #b1jjj1jjj = ea* ( fiscal ye>s #bjai ?r\gh #bjbc1 to rema9 available until exp5d$4 ,v ,crop ,insurance #eja4 ,consi/5t beg9n+ f>m] & ran*] def9ition "u ,f$]al ,crop ,insurance ,act ,section #ejb7;b77#c7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejb7;b77#c77 is am5d$-- 7#a7 by /rik+ l&lord2 & 7#b7 by /rik+ #e crop ye>s & ins]t+ #aj crop ye>s4 #ejb4 ,risk managem5t p>tn]%ip programs ,section #ebb7;d7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;d77 is am5d$-- 7#a7 9 p>agraph 7#a77;,a71 by ins]t+ aft] risk managem5t tools ! second place x appe>s ! foll[+3 = und]s]v$ produc]s1 includ+ beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s &2 7#b7 9 p>agraph 7#b71 by ins]t+ aft] risk managem5t & m>ket+ options ! foll[+3 = und]s]v$ produc]s1 includ+ beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s &2 7#c7 9 p>agraph 7#c7-- 7,a7 9 subp>agraph 7,f71 by ins]t+ aft] f9ancial managem5t ! foll[+3 7includ+ to meet insurance product record keep+ requirem5ts72 & 7,b7 9 subp>agraph 7,h7 by ins]t+ aft] to develop ! foll[+3 value-add$1 div]sification1 &2 & 7#d7 by add+ at ! end ! foll[+ new p>agraph3 7#d7 ,requirem5ts ,9 c>ry+ out ! programs e/abli%$ "u p>agraphs 7#b7 & 7#c71 ! ,secret>y %all place special emphasis on risk managem5t te*niques1 tools1 & programs t are specifically int5d$ = und]s]v$ produc]s1 includ+ beg9n+ f>m]s & ran*]s & socially disadvantag$ f>m]s & ran*]s4 4 #ejc4 ,fund+ = crop insurance rese>*1 developm5t1 & ma9t5ance co/s ,section #ebb7;e7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;e77 is am5d$ by /rik+ p>agraph 7#c74 #ejd4 ,crop insurance education & in=mation = produc]s ,section #ebd7;a7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebd7;a77 is am5d$-- 7#a7 9 p>agraph 7#c77;,a71 by ins]t+ aft] b5*m>k+ ! foll[+3 1 crop ent]prise1 & m>ket div]sification2 & 7#b7 9 p>agraph 7#d7-- 7,a7 by /rik+ & at ! end ( subp>agraph 7,d77i72 7,b7 by /rik+ ! p]iod at ! end ( subp>agraph 7,e7 & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,f7 f>m]s & ran*]s t are consid]+ :ole-f>m bas$ rev5ue products4 4 #eje4 ,beg9n+ f>m] & ran*] disa/] assi/ance ,section #aif ( ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif 7#g ,u4,s4,c4 #gccc7 is am5d$-- 7#a7 9 subsection 7a77#b71 by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,inclusion ( beg9n+ f>m]s & ran*]s ,! t]m eligible crop includes ea* comm]cial crop or o!r agricultural commodity 7except live/ock7 produc$ by a beg9n+ f>m] or ran*]1 ev5 ?\gh ! comm]cial crop or o!r agricultural commodity fails to satisfy clause 7i7 or 7ii7 ( subp>agraph 7,a71 if ! beg9n+ f>m] or ran*] is ineligible = a :ole f>m div]sifi$ risk managem5t insurance plan "u ! ,f$]al ,crop ,insurance ,act due to lack ( production or rev5ue hi/ory4 2 7#b7 9 subsection 7e71 by add+ at ! end ! foll[+ new p>agraph3 7#g7 ,special rule = beg9n+ f>m]s & ran*]s ,if ! eligible produc] is a beg9n+ f>m] or ran*] 7z def9$ 9 section #ejb7;b77#c771 & 0 previ\sly involv$ 9 a f>m+ op]ation1 includ+ involvem5t 9 ! decision mak+ or physical involvem5t 9 ! production ( ! crop or live/ock on ! f>m1 = any acreage obta9$ by ! beg9n+ f>m] or ran*]1 a yield or rev5ue %all be us$ t is ! high] (-- 7,a7 ! actual production ( ! previ\s produc] ( ! crop on ! acreage det]m9$ "u subp>agraph 7#b72 or 7,b7 ! yield or rev5ue ( ! produc]1 z det]m9$ "u p>agraph 7#c74 2 7#c7 9 subsection 7k77#a7-- 7,a7 by /rik+ = an eligible crop2 & 7,b7 by /rik+ = ! eligible crop2 7#d7 9 subsection 7l7-- 7,a7 by /rik+ p>agraphs 7#c7 & 7#e72 & 7,b7 by ins]t+ aft] p>agraph 7#b7 ! foll[+ new p>agraph 7#c73 7#c7 ,delegation ,! ,secret>y may delegate ! au?ority = det]m9+ ! av]age m>ket price 7includ+ ! direct m>ket price & ! organic price7 = a crop to a ,/ate ,f>m ,s]vice ,ag5cy adm9i/rator :5 suffici5t data is available to develop an av]age m>ket price bas$ on ,/ate level data = ! crop4 2 & 7#e7 by add+ at ! end ! foll[+ new subsections3 7m7 ,additional ,beg9n+ ,f>m] ,provisions 7#a7 ,eligibility ,not)/&+ any o!r provisions ( ?is section1 ! foll[+ additional cov]age %all be made available to any beg9n+ f>m] or ran*] = up to ! long] ( ! foll[+3 7,a7 ,f\r ye>s4 7,b7 ,! requisite numb] ( ye>s ( rev5ue hi/ory requir$ = ! f>m] or ran*] to qualify = rev5ue cov]age (f]$ "u ! ,f$]al ,crop ,insurance ,act4 7#b7 ,cov]age ,additional cov]age %all be available to beg9n+ f>m]s & ran*]s "u ?is subsection up to #ge p]c5t1 z elect$ by ! f>m] or ran*] & specifi$ 9 #e-p]c5t increm5ts4 7n7 ,rev5ue cov]age 7#a7 ,availability ,eligible produc]s may elect rev5ue cov]age "u ?is subsection only :5 ! total acres 9 :i* !y h a risk d n exce$ five acres 9 a c\nty4 ,if rev5ue cov]age is elect$1 t election %all apply to all eligible crops & commodities on a f>m4 7#b7 ,paym5t ,! ,secret>y %all make available non9sur$ assi/ance "u ?is subsection at a paym5t am\nt equival5t to ! am\nt t-- 7,a7 ! expect$ rev5ue = ! f>m1 z det]m9$ by ! ,secret>y1 multipli$ by ! cov]age level elect$ by ! produc]1 :i* is-- 7i7 = cata/rophic level cov]age1 #bg4e p]c5t2 or 7ii7 = additional levels ( cov]age1 ! am\nt elect$ by ! produc]1 f #ej to #fe p]c5t1 or f #ej to #ge p]c5t = a beg9n+ f>m] or ran*] 7z def9$ 9 section #ejb7;b77#c772 exce$s 7,b7 ! actual rev5ue = ! f>m1 z det]m9$ by ! ,secret>y4 7#c7 ,s]vice fee ,to be eligible to receive a paym5t "u ?is subsection1 ! produc] mu/ pay ! s]vice fee requir$ by subsection 7k74 7#d7 ,premium ,to be eligible to receive a paym5t "u ! additional levels ( cov]age 9 p>agraph 7#b77;,b77ii71 ! produc] mu/ pay a premium equal to-- 7,a7 ! less] (-- 7i7 ! sum ( ! premiums = ea* eligible f>m1 ) ! premium = ea* eligible f>m obta9$ by multiply+-- 7,i7 ! expect$ rev5ue = ! f>m1 z det]m9$ by ! ,secret>y2 7,,ii7 ! cov]age level elect$ by ! produc]2 & 7,,iii7 a #e4be-p]c5t premium fee2 or 7ii7 ! product obta9$ by multiply+-- 7,i7 a #e4be-p]c5t premium fee2 & 7,,ii7 ! applicable paym5t limit4 7#e7 ,records ,if rev5ue cov]age is elect$1 a produc] is n requir$ to provide an acreage report "u subsection 7b77#c71 b ! produc] mu/ provide a ,f>m ,op]ation ,report & tax records = prior ye>s1 z det]m9$ by ! ,secret>y4 4 #ejf4 ,beg9n+ f>m] & ran*] crop insurance /udy ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ,agriculture %all submit to ,congress a report id5tify+-- 7#a7 ! b>ri]s t exi/ to prev5t or h9d] ! ability ( beg9n+ f>m]s & ran*]s 9 access+ :ole f>m rev5ue insurance & o!r crop insurance products available "u ! ,f$]al ,crop ,insurance ,act2 & 7#b7 ! regulatory or op]ational *anges t are necess>y to provide beg9n+ f>m]s & ran*]s ) full1 unh9d]$ access to ^! crop insurance products4 ,,vi ,miscellane\s #fja4 ,small & beg9n+ f>m] & ran*] coord9ators ,section #bbf ( ! ,dep>tm5t ( ,agriculture ,reorganization ,act ( #aiid 7#g ,u4,s4,c4 #ficd7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7i7 ,/ate small & beg9n+ f>m] & ran*] coord9ator 7#a7 ,9 g5]al ,! ,ag5cy %all designate a ,/ate small & beg9n+ f>m] & ran*] coord9ator f among ! ,/ate (fice employees ( ! ,f>m ,s]vice ,ag5cy1 ! ,natural ,res\rces ,cons]vation ,s]vice1 ! ,risk ,managem5t ,ag5cy1 ! ,rural ,bus9ess-,coop]ative ,s]vice1 & ! ,rural ,utilities ,s]vice4 7#b7 ,tra9+ ,! ,ag5cy %all coord9ate ! developm5t ( a tra9+ plan s t ea* ,/ate coord9ator %all receive suffici5t tra9+ to h a g5]al work+ k ( ! programs & s]vices available f ea* ag5cy ( ! ,dep>tm5t to assi/ small & beg9n+ f>m]s & ran*]s4 7#c7 ,duties ,! coord9ator %all-- 7,a7 coord9ate te*nical assi/ance at ! ,/ate level to help small f>ms & beg9n+ f>m]s & ran*]s ga9 access to programs ( ! ,dep>tm5t2 7,b7 develop & submit a ,/ate plan = approval by ! ,small ,f>ms & ,beg9n+ ,f>m]s & ,ran*]s ,gr\p to provide coord9ation to ensure adequate s]vices to small & beg9n+ f>m]s & ran*]s at all c\nty & area (fices ?r\gh\t ! ,/ate2 7,c7 ov]see implem5tation ( ! approv$ ,/ate plan2 7,d7 "w ) outrea* coord9ators 9 ! ,/ate (fices ( ! ,f>m ,s]vice ,ag5cy1 ! ,natural ,res\rces ,cons]vation ,s]vice1 ! ,risk ,managem5t ,ag5cy1 ! ,rural ,bus9ess-,coop]ative ,s]vice1 & ! ,rural ,utilities ,s]vice to ensure appropriate in=mation ab\t te*nical assi/ance is available at outrea* ev5ts & activities2 & 7,e7 facilitate p>tn]%ips & jo9t outrea* ef=ts ) ,/ate organizations s]v+ small & beg9n+ f>m]s ?r\gh contracts & coop]ative agreem5ts4 4