,,ii #aaeth ,,congress #ast ,session ,s4 #ajbe ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #c1 #bjag,mr4 ,flake 7for himself and ,mrs4 ,shaheen7 introduced the following bill2 which was read twice and referred to the ,committee on ,agriculture1 ,nutrition1 and ,forestry ,a ,,bill ,to reform the ,federal ,crop ,insurance ,act and reduce ,federal spending on crop insurance4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,assisting ,family ,farmers through ,insurance ,reform ,measures ,act or the ,,affirm ,act4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4,sec4 #b4 ,adjusted gross income and per person limitations on share of insurance premiums paid by ,corporation4,sec4 #c4 ,cap on reimbursements for administrative and operating expenses of crop insurance providers4,sec4 #d4 ,renegotiation of ,standard ,reinsurance ,agreement4,sec4 #e4 ,cap on overall rate of return for crop insurance providers4,sec4 #f4 ,prohibition on premium subsidy for harvest price policies4,sec4 #g4 ,crop insurance premium subsidies disclosure in the public interest4 #b4 ,adjusted gross income and per person limitations on share of insurance premiums paid by ,corporation ,section #ejh7;e77#a7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7;e77#a77 is amended-- 7#a7 by striking ,for the purpose and inserting the following3 7,a7 ,payment authority ,subject to subparagraphs 7,b7 and 7,c71 for the purpose 2 and 7#b7 by adding at the end the following3 7,b7 ,adjusted gross income limitation ,the ,corporation shall not pay a part of the premium for additional coverage for any person or legal entity that has an average adjusted gross income 7as defined in section #ajja;,d7a7 of the ,food ,security ,act of #aihe 7#g ,u4,s4,c4 #acjh-c;a7a777 that is greater than #bej1jjj4 7,c7 ,per person limitation ,the ,corporation shall not pay more than #dj1jjj for any reinsurance year to any person or legal entity for premiums under this section4 4 #c4 ,cap on reimbursements for administrative and operating expenses of crop insurance providers ,section #ejh7k77#d7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7k77#d77 is amended by adding at the end the following3 7,g7 ,additional cap on reimbursements 7i7 ,in general ,notwithstanding subparagraphs 7,a7 through 7,f71 the total amount of reimbursements for administrative and operating costs for the #bjah reinsurance year for all types of policies and plans of insurance shall not exceed #ijj1jjj1jjj4 7ii7 ,adjustment ,for the #bjai reinsurance year and each subsequent reinsurance year1 the dollar amount in effect pursuant to clause 7i7 shall be increased by the inflation factor established for the administrative and operating costs limitation in the #bjaa ,standard ,reinsurance ,agreement4 4 #d4 ,renegotiation of ,standard ,reinsurance ,agreement ,section #ejh7k77#h7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7k77#h77 is amended by striking subparagraph 7,f74 #e4 ,cap on overall rate of return for crop insurance providers ,section #ejh7k77#c7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7k77#c77 is amended-- 7#a7 by striking 7#c7 ,share of risk4--,the and inserting the following3 7#c7 ,risk 7,a7 ,share of risk ,the 2 and 7#b7 by adding at the end the following3 7,b7 ,limitation on average rate of return ,the target average rate of return for reinsured companies for the #bjah reinsurance year and each subsequent reinsurance year shall be #h4i percent of retained premiums4 4 #f4 ,prohibition on premium subsidy for harvest price policies ,section #ejh7;e7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7;e77 is amended by adding at the end the following3 7#i7 ,prohibition on premium subsidy for harvest price policies ,notwithstanding any other provision of law1 beginning with the #bjah reinsurance year1 the ,corporation shall 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 on the date of harvest4 4 #g4 ,crop insurance premium subsidies disclosure in the public interest ,section #ejb7;c77#b7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejb7;c77#b77 is amended-- 7#a7 by redesignating subparagraphs 7,a7 and 7,b7 as subparagraphs 7,c7 and 7,d7 respectively2 and 7#b7 by inserting before subparagraph 7,c7 7as so redesignated7 the following3 7,a7 ,disclosure in the public interest ,notwithstanding paragraph 7#a7 or any other provision of law1 except as provided in subparagraph 7,b71 the ,secretary shall on an annual basis make available to the public-- 7i7 7,i7 the name of each individual or entity that obtained a federally subsidized crop insurance1 livestock1 or forage policy or plan of insurance during the previous reinsurance year2 7,,ii7 the amount of premium subsidy received by the individual or entity from the ,corporation2 and 7,,iii7 the amount of any ,federal portion of indemnities paid in the event of a loss for that reinsurance year for each policy associated with that individual or entity2 and 7ii7 for each private insurance provider1 a description by the name of the private insurance provider of-- 7,i7 the underwriting gains earned through participation in the federally subsidized crop insurance program2 and 7,,ii7 the amount paid under this subtitle for-- 7aa7 administrative and operating expenses2 7bb7 any ,federal portion of indemnities and reinsurance2 and 7cc7 any other purpose4 7,b7 ,limitation ,the ,secretary shall not disclose under subparagraph 7,a7 information relating to individuals and entities covered by a catastrophic risk protection plan offered under section #ejh7;b74 4