,i #aaith ,,congress #ast ,session ,h4 ,r4 #ddb ,,in ,,the ,,house ,,of ,,representatives ,january #ae1 #bjbe,ms4 ,letlow introduced the following bill2 which was referred to the ,committee on ,agriculture ,a ,,bill ,to amend the ,federal ,crop ,insurance ,act to modify a provision relating to quality loss adjustment coverage4 #a4 ,short title ,this ,act may be cited as the ,quality ,loss ,adjustment ,improvement for ,farmers ,act4 #b4 ,quality loss adjustment coverage ,section #ejh7m7 of the ,federal ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7m77 is amended-- 7#a7 in paragraph 7#c7-- 7,a7 by striking subparagraph 7,a7 and inserting the following3 7,a7 ,periodic review ,beginning in calendar year #bjbe1 and once every #e years thereafter1 the ,corporation shall contract with a qualified person to conduct a review of the quality loss adjustment procedures of the ,corporation1 each of which shall be completed not later than #a year after the date of commencement of the review4 2 7,b7 in subparagraph 7,b71 by striking ,effective beginning not later than the #bjjd reinsurance year1 based on the review1 the ,corporation and inserting ,based on each review conducted under subparagraph 7,a71 the ,corporation2 7,c7 by redesignating subparagraph 7,b7 as subparagraph 7,c72 7,d7 by inserting after subparagraph 7,a7 the following3 7,b7 ,stakeholder engagement ,each review under subparagraph 7,a7 shall include engagement from regionally diverse industry stakeholders for each agricultural commodity for which a quality loss adjustment is offered4 2 and 7,e7 by adding at the end the following3 7,d7 ,report ,on the completion of each review under subparagraph 7,a71 the ,corporation shall submit to the ,committee on ,agriculture1 ,nutrition1 and ,forestry of the ,senate and the ,committee on ,agriculture of the ,house of ,representatives a report that describes-- 7i7 findings from that review2 7ii7 changes to the quality loss adjustment procedures2 and 7iii7 the stakeholder engagement for that review pursuant to subparagraph 7,b74 2 and 7#b7 by adding at the end the following3 7#g7 ,regional discount factors for soybeans 7,a7 ,definition of covered declaration ,in this paragraph1 the term covered declaration means-- 7i7 a disaster declaration by the ,secretary2 7ii7 a major disaster declared by the ,president under section #dja of the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act 7#db ,u4,s4,c4 #eagj72 or 7iii7 an emergency declared by the ,president under section #eja of that ,act 7#db ,u4,s4,c4 #eaia74 7,b7 ,discount factor ,in the event of a covered declaration for a ,state or region1 or the occurrence of a salvage market for soybeans in a ,state or region1 the ,corporation shall establish a ,state or regional discount factor1 as applicable1 to reflect the average quality discounts applied to the local or regional market prices of the soybean crop4 7,c7 ,reporting requirement ,any ,state or regional discount factor established under subparagraph 7,b7 shall be included in-- 7i7 the applicable periodic review conducted under paragraph 7#c77;,a72 and 7ii7 the report described in paragraph 7#c77;,d74 4