,i #aai? ,,congress #a/ ,session ,h4 ,r4 #bdce ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #bg1 #bjbe,mrs4 ,hayes 7= h]self1 ,mr4 ,l>son ( ,connecticut1 ,mr4 ,c\rtney1 ,ms4 ,de,lauro1 & ,mr4 ,himes7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to am5d ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif to assi/ f>m]s rely+ on ! non9sur$ crop disa/] assi/ance program by l[]+ ! co/ ( pur*as+ cov]age1 r$uc+ pap]work burd5s1 & increas+ pay\ts "u t program1 & to inc5tivize f>m]s to transition gradually to a compreh5sive insurance policy "u ! :ole f>m risk managem5t insurance plan by (f]+ progressive premium disc\nts on a commitm5t to pur*ase a :ole f>m plan ( insurance4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,save ,our ,small ,f>ms ,act ( #bjbe4 #b4 ,adm9i/ration & op]ation ( non9sur$ crop assi/ance program ,section #aif ( ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif 7#g ,u4,s4,c4 #gccc7 is am5d$-- 7#a7 9 subsection 7a77#a77;,c7-- 7,a7 9 ! matt] prec$+ clause 7i71 by ins]t+ be/ facilitates aft] assi/ance program t2 7,b7 9 clause 7i7-- 7i7 by /rik+ be/ facilitates ! use ( t & ins]t+ ! use ( ^?2 & 7ii7 by /rik+ & at ! end2 7,c7 9 clause 7ii7-- 7i7 by /rik+ ensures ! availability ( t & ins]t+ ! public availability ( ^?2 & 7ii7 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7,d7 by add+ at ! end ! foll[+3 7iii7 ! expansion ( crops li/$ on ! national crop table ( ! ,ag5cy ) a local av]age m>ket price2 7iv7 ! volunt>y graduation ( program p>ticipants to ! :ole f>m risk managem5t insurance plan develop$ "u section #ebb7;c77#g7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;c77#g772 & 7v7 ! e/abli%m5t ( pilot projects = purposes ( address+ em]g+ ne$s ( produc]s & collect+ data to support ! developm5t ( policies or plans ( insurance (f]$ "u ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aeja et seq474 2 7#b7 9 subsection 7b71 by /rik+ p>agraph 7#d7 & ins]t+ ! foll[+3 7#d7 ,/reaml9$ application process 7,a7 ,def9ition ( :ole f>m plan ,9 ?is p>agraph1 ! t]m :ole f>m plan means ! :ole f>m risk managem5t insurance plan develop$ "u section #ebb7;c77#g7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;c77#g774 7,b7 ,e/abli%m5t 7i7 ,9 g5]al ,! ,secret>y %all e/abli% a /reaml9$ process = ! submission ( records & acreage reports "u p>agraphs 7#b7 & 7#c71 respectively1 =-- 7,i7 div]se production sy/ems1 su* z ^? typical ( urban production sy/ems2 7,,ii7 o!r small-scale production sy/ems2 & 7,,iii7 direct-to-consum] production sy/ems4 7ii7 ,inclusions ,! /reaml9$ process e/abli%$ "u clause 7i7 %all include-- 7,i7 r$uc$ acreage report requirem5ts2 & 7,,ii7 all[+ ! submission to ! ,secret>y ( #b reports p] ye> s z to accommodate lat] acreage report+4 7,c7 ,rev5ue-bas$ option 7i7 ,e/abli%m5t ,not)/&+ p>agraphs 7#b7 & 7#c7 or subsection 7a77#a77;,a71 ! ,secret>y %all e/abli% a /reaml9$ rev5ue-bas$ cov]age option t is available1 on a volunt>y basis1 to any produc] eligible = assi/ance "u ?is section4 7ii7 ,submission ( hi/orical rev5ue ,! ,secret>y %all accept ! ,int]nal ,rev5ue ,s]vice ,tax ,=m ,s*$ule ,f1 or successor =ms1 z suffici5t = ! e/abli%m5t ( hi/orical adju/$ rev5ue1 subject to ! condition t approv$ insurance provid]s may reque/ additional v]ifiable records 9 cases :]e !re is docum5t$ evid5ce1 made cle> to ! applicant1 t f>m tax records are incomplete4 7,d7 ,on-ramp to :ole f>m plan 7i7 ,9 g5]al ,9 ! case ( a produc] us+ div]se production sy/ems describ$ 9 subp>agraph 7,b77i7 t may be eligible = ! :ole f>m plan1 ! ,secret>y1 act+ ?r\gh ! ,adm9i/rator ( ! ,ag5cy1 %all e/abli% a /reaml9$ rev5ue-bas$ option "u ! non9sur$ crop disa/] assi/ance program "u ?is section to assi/ ! produc] to transition1 on a volunt>y basis1 f ! non9sur$ crop disa/] assi/ance program "u ?is section to ! :ole f>m plan4 ,! ,secret>y may provide = su* o!r options z may be necess>y to assi/ produc]s ) su* a transition :o are unable to pur*ase a :ole f>m plan4 7ii7 ,requirem5ts ,! /reaml9$ rev5ue-bas$ option e/abli%$ "u clause 7i7 %all (f] a premium disc\nt (-- 7,i7 #be p]c5t = ! fir/ crop ye> = :i* a produc]-- 7aa7 c]tifies t ! produc] w transition f ! non9sur$ crop disa/] assi/ance program "u ?is section to ! :ole f>m plan n lat] ?an #c ye>s aft] ! date ( ! c]tification2 & 7bb7 provides rev5ue hi/ory ) respect to t crop ye>2 7,,ii7 #ej p]c5t = ! crop ye> foll[+ ! crop ye> describ$ 9 subclause 7,i7 if ! produc]-- 7aa7 c]tifies t ! produc] w transition f ! non9sur$ crop disa/] assi/ance program "u ?is section to ! :ole f>m plan n lat] ?an #b ye>s aft] ! date ( ! c]tification2 & 7bb7 provides rev5ue hi/ory ) respect to t crop ye>2 & 7,,iii7 #ej p]c5t = ! crop ye> foll[+ ! crop ye> describ$ 9 subclause 7,,ii7 if ! produc]-- 7aa7 pur*ases insurance "u ! :ole f>m plan n lat] ?an #a ye> aft] ! date ( ! c]tification2 & 7bb7 provides rev5ue hi/ory ) respect to t crop ye>4 7iii7 ,tax ,=m ,s*$ule ,f ,! ,secret>y %all accept ! ,int]nal ,rev5ue ,s]vice ,tax ,=m ,s*$ule ,f 7or a successor =m7 ) respect to a produc] = purposes ( e/abli%+ rev5ue hi/ory "u clause 7ii74 7iv7 ,rev5ue hi/ory %>+ ,! ,secret>y %all submit to ! ,f$]al ,crop ,insurance ,corporation ! rev5ue hi/ory submitt$ to ! ,secret>y pursuant to clause 7ii74 7,e7 ,rulemak+ ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 ! ,secret>y %all issue regulations to ensure t premium disc\nts "u ?is p>agraph are only available to produc]s :o transition to a :ole f>m plan1 z describ$ 9 subp>agraph 7,d77i74 2 7#c7 9 subsection 7c71 by add+ at ! end ! foll[+3 7#e7 ,notice ( c]ta9 losses ,not)/&+ any o!r provision ( law 7includ+ regulations71 a produc] ( a h&-h>ve/$ or rapidly det]iorat+ crop may submit to ! ,secret>y notification ( a loss ( t crop #abj h\rs or m aft] ! loss 9 ord] to be eligible = assi/ance "u ?is section4 7#f7 ,appraisal ( loss 7,a7 ,9 g5]al ,9 any case 9 :i* an appraisal ( crop acreage is reque/$ by a produc] or det]m9$ to be necess>y by ! ,secret>y = a ye> 9 :i* a notice ( loss is fil$ "u ?is subsection1 p>ticul>ly 9 any case 9 :i* a loss adju/] is n available )9 #gb h\rs ( ! notice1 ! ,secret>y %all p]mit ! foll[+ alt]natives to an 9-p]son appraisal by a loss adju/]3 7i7 ,remote appraisal1 includ+ "t-/amp$ photographs1 drone footage1 & o!r te*nology applications4 7ii7 ,appraisal by field (fice /aff ( ! ,ag5cy ) requisite tra9+1 9 conjunction ) a remote appraisal "u clause 7i74 7,b7 ,tra9+ ,! ,secret>y %all require field (fice /aff to att5d non9sur$ crop disa/] assi/ance appraisal tra9+ = purposes ( subp>agraph 7,a77ii74 2 7#d7 9 subsection 7e77#c71 by /rik+ #fe p]c5t & ins]t+ #ajj p]c5t2 7#e7 9 subsection 7i77#b7-- 7,a7 9 subp>agraph 7,a71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,b71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,c7 not)/&+ subp>agraphs 7,a7 & 7,b71 9 ! case ( a limit$ res\rce1 beg9n+1 or socially disadvantag$ f>m]1 z det]m9$ by ! ,secret>y1 a vet]an f>m] or ran*] 7z def9$ 9 section #beja7;a7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;a7771 or a produc] p>ticipat+ 9 ! /reaml9$ rev5ue-bas$ option pursuant to subsection 7b77#d77;,c71 #fjj1jjj4 2 7#f7 9 subsection 7k77#b7-- 7,a7 by /rik+ def9$ by ! ,secret>y1 or a vet]an & ins]t+ det]m9$ by ! ,secret>y1 a vet]an2 & 7,b7 by ins]t+ 1 or a produc] p>ticipat+ 9 ! /reaml9$ rev5ue-bas$ option pursuant to subsection 7b77#d77;,c7 be=e ! p]iod at ! end2 7#g7 9 subsection 7l71 by /rik+ p>agraph 7#c7 & ins]t+ ! foll[+3 7#c7 ,premium disc\nt ,! cov]age made available "u ?is subsection %all be available to limit$ res\rce1 beg9n+1 or socially disadvantag$ f>m]s1 z det]m9$ by ! ,secret>y1 vet]an f>m]s or ran*]s 7z def9$ 9 section #beja7;a7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;a7771 & produc]s p>ticipat+ 9 ! /reaml9$ rev5ue-bas$ option pursuant to subsection 7b77#d77;,c71 9 ex*ange = a premium t is #be p]c5t ( ! premium det]m9$ "u p>agraph 7#b74 2 & 7#h7 by add+ at ! end ! foll[+3 7m7 ,deliv]y ,! ,secret>y %all collaborate ) outrea* & te*nical assi/ance provid]s1 ext5sion (fices1 & ,/ate dep>tm5ts ( agriculture to adv]tise ! non9sur$ crop disa/] assi/ance program "u ?is section1 p>ticul>ly to limit$ res\rce1 beg9n+1 or socially disadvantag$ f>m]s1 z det]m9$ by ! ,secret>y1 vet]an f>m]s or ran*]s 7z def9$ 9 section #beja7;a7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;a7771 & produc]s eligible to p>ticipate 9 ! /reaml9$ rev5ue-bas$ option pursuant to subsection 7b77#d77;,c74 4 #c4 ,:ole f>m rev5ue protection ,section #ebb7;c7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;c77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,d7 increase p>ticipation by produc]s-- 7i7 m>ket+ direct-to-consum]s2 7ii7 m>ket+ ?r\gh int]m$iat$ sales 9 local & regional m>kets2 7iii7 us+ f>m id5tity-pres]v$ m>ket+2 or 7iv7 und]tak+ produc] education on h[ to use direct m>ket prices4 2 7#b7 9 p>agraph 7#g7-- 7,a7 9 subp>agraph 7,a71 by /rik+ 1 ) a liability limitation ( #a1ejj1jjj12 7,b7 9 subp>agraph 7,b71 by ins]t+ or 9 comb9ation ) aft] 9 lieu (2 7,c7 9 subp>agraph 7,c7-- 7i7 9 ! matt] prec$+ clause 7i71 by /rik+ may & ins]t+ %all2 7ii7 9 clause 7i71 by /rik+ or at ! end2 7iii7 by r$esignat+ clause 7ii7 z clause 7iii72 & 7iv7 by ins]t+ aft] clause 7i7 ! foll[+3 7ii7 utilize a res\rce-cons]v+ crop rotation 7z def9$ 9 section #abdj,l7d77#a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#bd7;d77#a7772 or 2 7,d7 9 subp>agraph 7,d71 by /rik+ may & ins]t+ %all2 7,e7 9 subp>agraph 7,e7-- 7i7 9 clause 7i71 9 ! matt] prec$+ subclause 7,i71 by /rik+ #ah mon?s aft] ! date ( enactm5t ( ! ,agriculture ,improvem5t ,act ( #bjah & ins]t+ #a ye> aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe 2 7ii7 9 clause 7ii71 9 ! matt] prec$+ subclause 7,i71 by /rik+ subclause & ins]t+ clause2 & 7iii7 by add+ at ! end ! foll[+3 7iii7 ,additional review ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 & annually !reaft]1 ! ,corporation %all-- 7,i7 review any limitations on insurable rev5ue 7includ+ ! ov]all limitation & limitations specific to animals1 animal products1 gre5h\se & nurs]y1 & aquaculture7 to ensure ! limitations are adequate to cov] ! f9ancial risks associat$ ) ! production ( high-value agricultural products2 & 7,,ii7 submit to ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives & ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate a report t includes a summ>y ( ! mo/ rec5t review conduct$ "u subclause 7,i7 & any expect$ *anges to ! policy = ! foll[+ re9surance ye>4 7iv7 ,public report ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 ! ,bo>d %all make publicly available a report describ+ ! decisions made by ! ,bo>d ) respect to ea* factor describ$ 9 clause 7ii74 2 7,f7 by r$esignat+ subp>agraph 7,f7 z subp>agraph 7,g72 & 7,g7 by ins]t+ aft] subp>agraph 7,e7 ! foll[+3 7,f7 ,modifications to improve effectiv5ess = specialty crops & div]sifi$ f>ms 7i7 ,9 g5]al ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 ! ,corporation %all implem5t ! foll[+ modifications to ! plan develop$ "u subp>agraph 7,a73 7,i7 ,e/abli% t appropriate income report$ on ,int]nal ,rev5ue ,s]vice ,tax ,=m ,s*$ule ,f 7or a successor =m71 %all be suffici5t = ! e/abli%m5t ( hi/orical adju/$ rev5ue1 subject to ! condition t approv$ insurance provid]s may reque/ additional v]ifiable records 9 cases :]e !re is docum5t$ evid5ce1 made cle> to ! applicant1 t f>m tax records are incomplete4 7,,ii7 ,presume t decl9es 9 total m>ket price are due to unavoidable natural causes1 unless ! ,corporation demon/rates ! ext5t to :i* ! decl9e 9 l[] m>ket price is ! direct result ( an un9sur$ manmade ev5t4 7,,iii7 ,require t any adju/m5t ( ! rev5ue gu>antee by an approv$ insurance provid]1 aft] ! approv$ insurance provid] accepts a revis$ f>m op]ation report f ! insur$1 is cont+5t on approval f ! ,risk ,managem5t ,ag5cy1 & all[ ! insur$ an opportunity to appeal any d5ial by ! ,risk ,managem5t ,ag5cy ( t rev5ue gu>antee adju/m5t to ! ,national ,appeals ,division4 7,,iv7 ,) respect to :ole f>m rev5ue protection policies1 raise ! limit on gr[? expansion = all produc]s to ! l[] (-- 7aa7 #ajj p]c5t ( hi/oric rev5ue2 & 7bb7 #ejj1jjj4 7,v7 ,9 ! case ( a rejection ( an application f a produc] = a :ole f>m insurance plan1 ! approv$ insurance provid] involv$ %all notify ! produc] ( su* rejection1 & include 9 su* notification a writt5 rationale ) suffici5t detail = ! produc] to und]/& any defici5cies 9 ! application & h[ to cure ^? defici5cies4 7,,vi7 ,exp& ! maximum commodity c\nt eligible = ! div]sification-bas$ premium disc\nt "u subp>agraph 7,c7 to apply to #aj commodities produc$4 ,! ,secret>y may raise t maximum commodity c\nt eligible = ! div]sification-bas$ premium disc\nt to include m ?an #aj commodities if det]m9$ necess>y4 7,,vii7 ,mod]ate ! impact ( disa/] ye>s1 z det]m9$ by ! ,secret>y1 on hi/oric rev5ue by-- 7aa7 c\nt+ indemnities z hi/oric rev5ue = loss ye>s1 includ+ paym5ts made "u ! non9sur$ crop disa/] assi/ance program e/abli%$ by section #aif ( ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif 7#g ,u4,s4,c4 #gccc72 or 7bb7 us+ an assign$ yield floor simil> to ! limitation describ$ 9 section #ejh7;g77#f77;,a77i71 z det]m9$ by ! ,secret>y4 7,,viii7 ,all[ prices & yields us$ to e/abli% cov]age 9 o!r ,f$]al crop insurance policies to be us$ z prices & yields = :ole f>m rev5ue protection policies4 7,,ix7 ,e/abli% a process = records & acreage reports submitt$ by produc]s = ! non9sur$ crop disa/] assi/ance program e/abli%$ by section #aif ( ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif 7#g ,u4,s4,c4 #gccc7 to be accept$ z docum5tation = ! requisite actual production hi/ory = :ole f>m rev5ue protection policies4 7,x7 ,increase ag5t inc5tives to m>ket :ole f>m rev5ue protection by-- 7aa7 provid+ annual additional adm9i/rative & op]at+ subsidies1 at a rate det]m9$ by ! ,secret>y1 to approv$ insurance provid]s = any new :ole f>m rev5ue policies writt5 9 a giv5 ye>2 & 7bb7 ) respect to a :ole f>m rev5ue protection policy1 requir+ approv$ insurance provid]s to pay to ! ag5t :o sold t policy an am\nt equal to ! total adm9i/rative & op]at+ subsidy e>n$ on t policy4 7,,xi7 ,require approv$ insurance provid]s to accept or reject applications1 by writt5 decision1 )9 #ge days ( receipt ( ! application1 ) failure result+ 9 a r$uction by #ae p]c5t ( ! am\nt ( ! adm9i/rative & op]at+ subsidy t ! approv$ insurance provid] receives f ! ,corporation = t policy4 7ii7 ,adm9i/rative improvem5ts ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 = purposes ( improv+ ! plan develop$ "u subp>agraph 7,a71 ! ,corporation %all c>ry out ! foll[+ activities3 7,i7 ,create & ma9ta9 a web-accessible tool = produc]s to locate ag5ts exp]i5c$ 9 sell+ a :ole f>m rev5ue protection policy4 7,,ii7 ,provide additional educational & tra9+ opportunities to approv$ insurance provid]s & insurance ag5ts1 :i* may include ent]+ into agreem5ts ) #a or m entities-- 7aa7 to provide te*nical assi/ance to int]e/$ produc]s2 7bb7 to conduct education & outrea* to ag5ts & insurance provid]s2 & 7cc7 to develop be/ practices = und]writ+4 7,,iii7 ,conduct a pilot program to create a pric+ libr>y = ag5ts & insurance provid]s1 also accessible to ! public & entities t provide te*nical assi/ance to f>m]s us+ data f-- 7aa7 ! ,agricultural ,m>ket+ ,s]vice2 7bb7 ! non9sur$ crop disa/] assi/ance program e/abli%$ by section #aif ( ! ,f$]al ,agriculture ,improvem5t & ,re=m ,act ( #aiif 7#g ,u4,s4,c4 #gccc72 7cc7 approv$ policies ( ! ,bo>d2 7dd7 l&-grant colleges or univ]sities & o!r in/itutions ( high] education2 7ee7 gr[] bo>ds or commissions2 & 7ff7 o!r relevant s\rces1 z det]m9$ by ! ,secret>y4 7iii7 ,availability ( pric+ libr>y ,! ,risk ,managem5t ,ag5cy may1 z det]m9$ by ! ,secret>y1 (f] ! pric+ libr>y describ$ 9 item 7aa7 to ag5ts & insurance provid]s 9 connection ) policies o!r ?an policies develop$ "u subp>agraph 7,a74 7iv7 ,public report ,n lat] ?an #ah mon?s aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 ! ,bo>d %all make publicly available a report describ+ ! decisions made by ! ,bo>d ) respect to ea* modification describ$ 9 clauses 7i7 & 7ii74 2 & 7#c7 9 p>agraph 7#ah71 by add+ at ! end ! foll[+3 7,d7 ,cont9uation ( plan ,! ,adm9i/rator ( ! ,risk ,managem5t ,ag5cy %all cont9ue to (f] ! micro f>m insurance plan (f]$ pursuant to subp>agraph 7,a77ii7 9 all ,/ates & c\nties ( ! ,unit$ ,/ates4 7,e7 ,modifications to improve effectiv5ess = micro f>ms ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ! ,save ,our ,small ,f>ms ,act ( #bjbe1 ! ,corporation %all implem5t ! foll[+ modifications to ! micro f>m insurance plan (f]$ pursuant to subp>agraph 7,a77ii73 7i7 ,all[ v]tically integrat$ op]ations to access cov]age "u a micro f>m policy4 7ii7 ,all[ produc]s ) a micro f>m policy to also pur*ase crop-specific ,f$]al crop insurance policies = crops insur$ "u ! micro f>m policy4 7iii7 ,exp& ! maximum approv$ rev5ue to e/abli% eligibility = a micro f>m plan ( insurance to #a1jjj1jjj or m1 z det]m9$ by ! ,secret>y4 4 #d4 ,s+le index insurance policy 7a7 ,9 g5]al ,section #ebb7;c7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aebb7;c771 z am5d$ by section #c1 is fur!r am5d$ by add+ at ! end ! foll[+3 7#bj7 ,s+le index insurance policy 7,a7 ,def9itions ,9 ?is p>agraph3 7i7 ,cov]$ crop or commodity ,! t]m cov]$ crop or commodity means any crop or commodity 7includ+ a specialty crop7 on a f>m except timb]1 =e/ products1 animals = sport or %[1 & pets4 7ii7 ,cov]$ policy ,! t]m cov]$ policy means ! s+le index insurance policy describ$ 9 subp>agraph 7,b77i74 7iii7 ,cov]$ wea!r condition 7,i7 ,9 g5]al ,! t]m cov]$ wea!r condition means any ( ! foll[+ wea!r conditions t are f\nd to be closely correlat$ ) agricultural income losses3 7aa7 ,high w9ds4 7bb7 ,excessive moi/ure & flood+4 7cc7 ,extreme heat4 7dd7 ,abnormal freeze conditions4 7ee7 ,wildfire4 7ff7 ,hail4 7gg7 ,dr\ght4 7hh7 ,any o!r sev]e wea!r or gr[+ conditions applicable to small-scale f>m]s1 z det]m9$ by ! ,secret>y4 7,,ii7 ,data ,! exi/5ce ( a wea!r condition describ$ 9 subclause 7,i7 %all be det]m9$ by indices t prioritize us+ data f ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration1 z available1 b may use o!r f$]ally or ,/ate c]tifi$ wea!r data s\rces1 public & private satellite data1 & wea!r & climate data & models1 if necess>y1 z det]m9$ by ! ,secret>y4 7,b7 ,policy 7i7 ,9 g5]al ,! ,corporation %all c>ry out rese>* & developm5t1 or (f] to ent] into #a or m contracts ) #a or m qualifi$ p]sons to c>ry out rese>* & developm5t1 to develop a s+le index policy to insure aga9/ agricultural income losses due to #a or m cov]$ wea!r conditions4 7ii7 ,cov]age ,rese>* & developm5t on ! cov]$ policy "u clause 7i7 %all require t cov]age is available 9 all #ej ,/ates 7includ+ ,indian ,tribes71 ! ,di/rict ( ,columbia1 ,am]ican ,samoa1 ,guam1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 ! ,commonweal? ( ,pu]to ,rico1 & ! ,virg9 ,isl&s ( ! ,unit$ ,/ates4 7iii7 ,option to buy-up or buy-d[n 7,i7 ,9 g5]al ,rese>* & developm5t on ! cov]$ policy "u clause 7i7 %all consid] p]mitt+ a hold] ( ! cov]$ policy to elect to buy-up to #aej p]c5t1 subject to subclause 7,,ii71 or buy-d[n to #e p]c5t1 ( ! m$ian c\nty-level adju/$ gross income = f>ms1 9 #e-p]c5t increm5ts1 to reflect ! income ( ! individual f>m bus9ess ( ! hold] insur$ "u ! cov]$ policy4 7,,ii7 ,limitation ,a hold] ( a cov]$ policy may buy-up "u subclause 7,i7 only if ! f>ms ( ! hold] insur$ "u ! cov]$ policy h at lea/ #c cov]$ crops or commodities4 7iv7 ,priority features ( policy ,9 c>ry+ out rese>* & developm5t on ! cov]$ policy "u clause 7i71 ! foll[+ features may be giv5 priority3 7,i7 ,agricultural income losses "u ! cov]$ policy include-- 7aa7 losses = all cov]$ crops or commodities2 & 7bb7 losses to ! value ( pack+1 packag+1 or any o!r simil> on-f>m activity t ! ,corporation det]m9es necess>y to remove a cov]$ crop or commodity f ! field4 7,,ii7 ,paym5ts are made "u ! cov]$ policy n lat] ?an #cj days aft] ! occurr5ce ( a cov]$ wea!r condition 9 ! c\nty 9 :i* ! applicable f>m ( ! f>m] is locat$ or an adjac5t c\nty4 7,,iii7 ,provision ( seasonal cov]age p]iods4 7,,iv7 ,provision ( special consid]ation to conc]ns fac+ individual f>m bus9esses-- 7aa7 t h less ?an #cej1jjj 9 adju/$ gross income2 & 7bb7 ) respect to :i* a f>m] is an und]s]v$ produc] 7z def9$ 9 section #ejh7;a77#g77;,a774 7,v7 ,pap]work requirem5ts are r$uc$ = f>m]s seek+ to obta9 a cov]$ policy4 7v7 ,consultation ,9 c>ry+ out rese>* & developm5t on ! cov]$ policy "u clause 7i71 ! ,corporation-- 7,i7 %all hold /akehold] meet+s to solicit produc] & ag5t fe$back2 & 7,,ii7 may consult ) lic5s$ actu>ies ) exp]i5ce develop+ index policies insur+ agricultural production4 7,c7 ,report ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is p>agraph1 ! ,corporation %all make publicly available a report t describes-- 7i7 ! results ( ! rese>* & developm5t c>ri$ out "u ?is p>agraph2 & 7ii7 recomm5dations to ,congress ) respect to ^? results1 includ+-- 7,i7 any *all5ges to develop+ ! cov]$ policy2 & 7,,ii7 options to address ^? *all5ges4 4 7b7 ,te*nical am5dm5t ,section #eca7;a77#ah7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aeca7;a77#ah77 is am5d$ by /rik+ section #beja7;e7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;e77 & ins]t+ section #beja7;a7 ( ! ,food1 ,agriculture1 ,cons]vation1 & ,trade ,act ( #aiij 7#g ,u4,s4,c4 #bbgi7;a7744