,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cbib  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,febru>y #ac1          
#bjbj,mrs4 ,%ahe5 7= h]self & ,mr4      
,toomey7 introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,agriculture1 ,nutrition1 & ,=e/ry  ,a  
,,bill  ,to am5d ! ,f$]al ,crop         
,insurance ,act to r$uce ,f$]al sp5d+ on
 crop insurance1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,assi/+ ,family ,f>m]s ?r\gh ,insurance 
,re=m ,measures ,act ( #bjbj or !       
,,affirm ,act ( #bjbj4  #b4 ,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$esignat+ subp>agraphs 7,a7 & 7,b7 
z subp>agraphs 7,c7 & 7,d71             
respectively2 &  7#b7 by ins]t+ be=e    
subp>agraph 7,c7 7z s r$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 t obta9$ a f$]ally subsidiz$  
crop insurance1 live/ock1 or =age policy
 or plan ( insurance dur+ ! previ\s     
re9surance ye>2  7,,ii7 ! am\nt (       
premium subsidy receiv$ by ! individual 
or entity f ! ,corporation2 &  7,,iii7 !
 am\nt ( any ,f$]al portion (           
indemnities paid 9 ! ev5t ( a loss = t  
re9surance ye> = ea* policy associat$ ) 
t individual or entity2 &  7ii7 = ea*   
private insurance provid]1 a description
 by ! "n ( ! private insurance provid]  
(-- 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$]al portion ( indemnities &         
re9surance2 &  7cc7 any o!r purpose4    
7,b7 ,limitation ,! ,secret>y %all n    
disclose "u subp>agraph 7,a7 in=mation  
relat+ to individuals & entities cov]$  

by a cata/rophic risk protection plan   
(f]$ "u section #ejh7;b74  4  #c4       
,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 
,subject to subp>agraphs 7,b7 & 7,c71 = 
! purpose  2 &  7#b7 by add+ at ! end ! 
foll[+3  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;,d7a7 ( ! ,food ,security 
,act ( #aihe 7#g ,u4,s4,c4              
#acjh-c;a7a777 t is great] ?an #bej1jjj4
  7,c7 ,p] p]son limitation ,!          
,corporation %all n pay m ?an #dj1jjj = 
any re9surance ye> to any p]son or legal
 entity = premiums "u ?is section4  4   
#d4 ,prohibition on premium subsidy =   
h>ve/ price policies ,section #ejh7;e7 (

 ! ,f$]al ,crop ,insurance ,act 7#g     
,u4,s4,c4 #aejh7;e77 is am5d$ by add+ at
 ! end ! foll[+3  7#i7 ,prohibition on  
premium subsidy = h>ve/ price policies  
,not)/&+ any o!r provision ( law1 beg9n+
 ) ! #bjbj re9surance ye>1 !            
,corporation %all n pay any am\nt (     
premium subsidy 9 ! case ( a policy or  
plan ( insurance t is bas$ on ! actual  
m>ket price ( an agricultural commodity 
on ! date ( h>ve/4  4  #e4 ,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 /rik+ !
 p>agraph designation & head+ & all t   
foll[s ?r\gh ,! & ins]t+ ! foll[+3  7#c7
 ,risk  7,a7 ,%>e ( risk ,!  2 &  7#b7  
by add+ at ! end ! foll[+3  7,b7        
,limitation on av]age rate ( return ,!  
t>get av]age rate ( return = re9sur$    
companies = ! #bjbj re9surance ye> & ea*
 subsequ5t re9surance ye> %all be #h4i  
p]c5t ( reta9$ premiums4  4  #f4 ,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[+3  7,g7 ,additional cap on      
reimbursem5ts  7i7 ,9 g5]al ,not)/&+    
subp>agraphs 7,a7 ?r\gh 7,f71 ! total   
am\nt ( reimbursem5ts = adm9i/rative &  
op]at+ co/s = ! #bjbj re9surance ye> =  
all types ( policies & plans ( insurance
 %all n exce$ #ijj1jjj1jjj4  7ii7       
,adju/m5t ,= ! #bjba re9surance ye> &   
ea* subsequ5t re9surance ye>1 ! doll>   
am\nt 9 effect pursuant to clause 7i7   
%all be increas$ by ! inflation factor  
e/abli%$ = ! adm9i/rative & op]at+ co/s 
limitation 9 ! #bjaa ,/&>d ,re9surance  
,agreem5t4  4  #g4 ,r5egotiation ( ,/&>d
 ,re9surance ,agreem5t ,section         
#ejh7k77#h7 ( ! ,f$]al ,crop ,insurance 
,act 7#g ,u4,s4,c4 #aejh7k77#h77 is     
am5d$ by /rik+ subp>agraph 7,f74