,,ii  #aah? ,,congress  #a/ ,session    
,s4 #bdba  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #bj1 #bjbc ,mr4  
,book] 7= himself1 ,mr4 ,blum5?al1 &    
,mr4 ,wel*7 introduc$ ! foll[+ bill2 :i*
 0 read twice & ref]r$ to ! ,committee  
on ,agriculture1 ,nutrition1 & ,=e/ry   
,a ,,bill  ,to require ! ,f$]al ,crop   
,insurance ,corporation to revise ! t]ms
 ( ! ,/&>d ,re9surance ,agreem5t & !    
,live/ock ,price ,re9surance ,agreem5t1 
& = o!r purposes4  #a4 ,%ort title ,?is 
,act may be cit$ z ! ,insur+ ,fairness =
 ,family ,f>m]s ,act ( #bjbc4  #b4 ,t]ms
 = ,/&>d ,re9surance ,agreem5t &        
,live/ock ,price ,re9surance ,agreem5t  
7a7 ,def9itions ,9 ?is section3  7#a7   
,a,o subsidy ,! t]m ,a,o subsidy means !
 subsidy = adm9i/rative & op]at+ exp5ses
 paid by ! ,corporation on behalf ( !   
policyhold] to ! applicable approv$     
insurance provid] = eligible crop       
insurance contracts = additional cov]age
 levels1 9 accordance ) section         
#ejh7k77#d7 ( ! ,f$]al ,crop ,insurance 

,act 7#g ,u4,s4,c4 #aejh7k77#d774  7#b7 
,corporation ,! t]m ,corporation has !  
mean+ giv5 ! t]m 9 section #ejb7;b7 ( ! 
,f$]al ,crop ,insurance ,act 7#g        
,u4,s4,c4 #aejb7;b774  7#c7 ,secret>y ,!
 t]m ,secret>y means ! ,secret>y (      
,agriculture4  7b7 ,r5egotiation ( /&>d 
re9surance agreem5t & ! ,live/ock ,price
 ,re9surance ,agreem5t  7#a7 ,9 g5]al ,!
 ,corporation %all revise ! f9ancial    
t]ms & conditions ( ! ,/&>d ,re9surance 
,agreem5t & ! ,live/ock ,price          
,re9surance ,agreem5t to modify !       
calculation ( ,a,o subsidies--  7,a7 to 
improve ! equity ( ! di/ribution (      
paym5ts to crop insurance ag5ts across  
f>m sizes2 &  7,b7 to improve ! equity (
 policies sold across f>m sizes4  7#b7  
,t]ms ,! t]ms t %all be includ$ 9 !     
revis$ ,/&>d ,re9surance ,agreem5t &    
,live/ock ,price ,re9surance ,agreem5t  
"u p>agraph 7#a7 are ! foll[+3 7,a7     
,subject to p>agraph 7#c71 !re %all be a
 fix$ m9imum am\nt & maximum am\nt = !  
am\nt ( ,a,o subsidy t may be paid p]   

insurance policyhold]1 & ! maximum am\nt
 %all n be m ?an #djj p]c5t great] ?an !
 m9imum am\nt4  7,b7 ,! am\nt ( an ,a,o 
subsidy1 )9 ! m9imum & maximum am\nts   
e/abli%$ "u subp>agraph 7,a71 %all      
correspond to ! complexity1 = a crop    
insurance ag5t1 ( issu+ #a or m         
insurance plans = a specific            
policyhold]-- 7i7 tak+ into acc\nt      
factors includ+ ! numb] ( crops be+     
insur$ by ! policyhold]1 ! type (       
insurance policies be+ issu$1 ! numb] ( 
insurance policies or endorsem5ts be+   
issu$1 & :e!r ! policyhold] has _h crop 
insurance previ\sly2 b  7ii7 n tak+ into
 acc\nt ! insurance policy premium4     
7,c7 7i7 ,a bonus ( #aj p]c5t ( !       
applicable ,a,o subsidy am\nt %all be   
add$ to ! total am\nt ( ! applicable    
,a,o subsidy1 = ea* condition describ$ 9
 clause 7ii7 t is satisfi$4  7ii7 ,!    
conditions ref]r$ to 9 clause 7i7 are ! 
foll[+3 7,i7 ,! applicable f>m op]ates  
less ?an #ahj acres4  7,,ii7 ,!         
insurance policy insures at lea/ #a     

specialty crop t is n eligible = a      
crop-specific insurance policy 9 ! c\nty
 9 :i* ! specialty crop is gr[n4        
7,,iii7 ,! applicable f>m is own$ by a  
f>m] :o has nev] pur*as$ crop insurance 
be=e4  7#c7 ,exceptions to m9imum &     
maximum am\nts  7,a7 ,m9imum = ,/&>d    
,re9surance agreem5t ,9 ! case ( ! ,/&>d
 ,re9surance ,agreem5t1 ! ,corporation  
may r$uce ! m9imum am\nt ( an ,a,o      
subsidy e/abli%$ "u p>agraph 7#b77;,a7 z
 ne$$ to comply ) section               
,,iii7a77#b77;,g7 ( ! #bjbd ,/&>d       
,re9surance ,agreem5t4  7,b7 ,maximum   
,an ,a,o subsidy am\nt may exce$ !      
maximum am\nt e/abli%$ "u p>agraph      
7#b77;,a7 if a bonus or multiple bonuses
 "u p>agraph 7#b77;,c7 are appli$ to !  
,a,o subsidy am\nt4  7#d7 ,budget ,!    
,corporation %all ensure t ! ,/&>d      
,re9surance ,agreem5t & ! ,live/ock     
,price ,re9surance ,agreem5t r5egotiat$ 
"u p>agraph 7#a7 %all ea*1 to ! maximum 
ext5t practicable1 be e/imat$ z budget  
neutral ) respect to ! total am\nt (    

,a,o subsidy paym5ts z comp>$ to ! total
 am\nt ( su* paym5ts e/imat$ to be made 
"u ! imm$iately prec$+ ,/&>d ,re9surance
 ,agreem5t or ,live/ock ,price          
,re9surance ,agreem5t1 z applicable1 if 
t ,agreem5t 7 ext5d$ ov] ! same p]iod ( 
"t4  7#e7 ,track+ data ,! ,adm9i/rator (
 ! ,risk ,managem5t ,ag5cy may e/abli% a
 program t ma9ta9s a li/ ( f>m]s t h    
pur*as$ crop insurance previ\sly to %>e 
) approv$ insurance provid]s = purposes 
( implem5t+ ! bonus describ$ 9 p>agraph 
7#b77;,c74  7c7 ,public data  7#a7      
,guidance ,! ,corporation %all develop &
 publi% ! me?odology us$ to det]m9e !   
am\nt ( an ,a,o subsidy1 )9 ! m9imum &  
maximum am\nts e/abli%$ pursuant to     
subsection 7b77#b77;,a71 bas$ on !      
complexity ( issu+ an insurance policy =
 #a or m f>ms ( a policyhold]4  7#b7    
,a,o subsidy data  7,a7 ,9 g5]al ,!     
,secret>y %all make publicly available1 
on an annual basis1 ,a,o subsidy data   
reg>d+--  7i7 ! total am\nt ( ,a,o      
subsidy paym5ts1 organiz$ by ,/ate1     

commodity1 insurance plan type1 &       
practice type2  7ii7 ! av]age & m$ian   
,a,o subsidy paym5ts p] insur$ acre1    
organiz$ by ,/ate1 commodity1 insurance 
plan type1 & practice type2  7iii7 !    
total am\nt ( comp5sation paid by       
approv$ insurance provid]s to crop      
insurance ag5ts1 organiz$ by ,/ate1     
commodity1 insurance plan type1 &       
practice type2  7iv7 ! av]age & m$ian   
comp5sation p] insur$ acre paid by      
approv$ insurance provid]s to crop      
insurance ag5ts1 organiz$ by ,/ate1     
commodity1 insurance plan type1 &       
practice type2  7v7 ! av]age & m$ian    
,a,o subsidy paym5t p] policyhold]1     
organiz$ by ,/ate1 commodity1 insurance 
plan type1 & practice type2  7vi7 !     
av]age & m$ian ,a,o subsidy paym5t p]   
insur$ acre1 organiz$ by ,/ate1         
commodity1 insurance plan type1 &       
practice type2  7vii7 :e!r & h[ mu*     
total additional ,a,o subsidies 7 paid  
due to ! ,snap,back program or #a or m  
bonuses describ$ 9 subsection           

7b77#b77;,c71 organiz$ by ,/ate1        
insurance plan type1 & commodity2 &     
7viii7 :e!r ,a,o subsidies 7 subject to 
! ,/&>d ,re9surance ,agreem5t or        
,live/ock ,price ,re9surance ,agreem5t1 
z applicable1 cap = ,a,o subsidies1 & if
 s1 :at ! total am\nt ( ,a,o subsidy    
am\nts w\ld h be5 )\t ! cap1 organiz$ by
 ,/ate1 insurance plan type1 &          
commodity4  7,b7 ,confid5tiality ,! data
 made publicly available "u subp>agraph 
7,a7 %all be aggregat$ & anonymiz$ to   
protect ! privacy ( individuals &       
approv$ insurance provid]s4  7d7 ,data f
 approv$ insurance provid]s ,an approv$ 
insurance provid] %all annually submit  
data on ag5t comp5sation1 by individual 
ag5t1 ag5cy1 & policy1 to ! ,secret>y & 
! ,comptroll] ,g5]al ( ! ,unit$ ,/ates  
on reque/4  7e7 ,/udy ,! ,adm9i/rator ( 
! ,risk ,managem5t ,ag5cy %all use data 
m9+ & o!r available in=mation-- 7#a7 to 
analyze ! impact ( ! *anges to ,a,o     
subsidy am\nts requir$ "u ?is section   
on--  7,a7 ! di/ribution ( ,a,o subsidy 

am\nts across policies & f>m+ op]ations2
 &  7,b7 ag5t & produc] *oices on h[ to 
insure crops2 &  7#b7 to assess :e!r    
*anges 9 ! numb] ( policies p] f>m+     
op]ation & o!r factors indicate attempts
 to und]m9e ! goal ( ?is section to     
improve ! equity ( ! di/ribution ( ,a,o 
subsidy am\nts4  7f7 ,regulations ,!    
,adm9i/rator ( ! ,risk ,managem5t ,ag5cy
 %all promulgate regulations1 if ne$$1  
to limit ! attempts describ$ 9          
subsection 7e77#b74  #c4 ,,gao report ,n
 lat] ?an #a ye> aft] ! date ( enactm5t 
( ?is ,act1 ! ,comptroll] ,g5]al ( !    
,unit$ ,/ates %all make publicly        
available a report t-- 7#a7 assesses !  
/ructure ( ! ,f$]al crop insurance      
program2 &  7#b7 provides recomm5dations
 on h[ to re=m t program to be/ reflect 
g5]ally accept$ insurance & m>ket       
pr9ciples4