,i #aai? ,,congress #a/ ,session ,h4 ,r4 #ddb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ae1 #bjbe,ms4 ,letl[ introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,agriculture ,a ,,bill ,to am5d ! ,f$]al ,crop ,insurance ,act to modify a provision relat+ to quality loss adju/m5t cov]age4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,quality ,loss ,adju/m5t ,improvem5t = ,f>m]s ,act4 #b4 ,quality loss adju/m5t cov]age ,section #ejh7m7 ( ! ,f$]al ,crop ,insurance ,act 7#g ,u4,s4,c4 #aejh7m77 is am5d$-- 7#a7 9 p>agraph 7#c7-- 7,a7 by /rik+ subp>agraph 7,a7 & ins]t+ ! foll[+3 7,a7 ,p]iodic review ,beg9n+ 9 cal5d> ye> #bjbe1 & once e #e ye>s !reaft]1 ! ,corporation %all contract ) a qualifi$ p]son to conduct a review ( ! quality loss adju/m5t proc$ures ( ! ,corporation1 ea* ( :i* %all be complet$ n lat] ?an #a ye> aft] ! date ( comm5cem5t ( ! review4 2 7,b7 9 subp>agraph 7,b71 by /rik+ ,effective beg9n+ n lat] ?an ! #bjjd re9surance ye>1 bas$ on ! review1 ! ,corporation & ins]t+ ,bas$ on ea* review conduct$ "u subp>agraph 7,a71 ! ,corporation2 7,c7 by r$esignat+ subp>agraph 7,b7 z subp>agraph 7,c72 7,d7 by ins]t+ aft] subp>agraph 7,a7 ! foll[+3 7,b7 ,/akehold] engagem5t ,ea* review "u subp>agraph 7,a7 %all include engagem5t f regionally div]se indu/ry /akehold]s = ea* agricultural commodity = :i* a quality loss adju/m5t is (f]$4 2 & 7,e7 by add+ at ! end ! foll[+3 7,d7 ,report ,on ! completion ( ea* review "u subp>agraph 7,a71 ! ,corporation %all submit to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate & ! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives a report t describes-- 7i7 f9d+s f t review2 7ii7 *anges to ! quality loss adju/m5t proc$ures2 & 7iii7 ! /akehold] engagem5t = t review pursuant to subp>agraph 7,b74 2 & 7#b7 by add+ at ! end ! foll[+3 7#g7 ,regional disc\nt factors = soybeans 7,a7 ,def9ition ( cov]$ decl>ation ,9 ?is p>agraph1 ! t]m cov]$ decl>ation means-- 7i7 a disa/] decl>ation by ! ,secret>y2 7ii7 a major disa/] decl>$ by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eagj72 or 7iii7 an em]g5cy decl>$ by ! ,presid5t "u section #eja ( t ,act 7#db ,u4,s4,c4 #eaia74 7,b7 ,disc\nt factor ,9 ! ev5t ( a cov]$ decl>ation = a ,/ate or region1 or ! occurr5ce ( a salvage m>ket = soybeans 9 a ,/ate or region1 ! ,corporation %all e/abli% a ,/ate or regional disc\nt factor1 z applicable1 to reflect ! av]age quality disc\nts appli$ to ! local or regional m>ket prices ( ! soybean crop4 7,c7 ,report+ requirem5t ,any ,/ate or regional disc\nt factor e/abli%$ "u subp>agraph 7,b7 %all be includ$ 9-- 7i7 ! applicable p]iodic review conduct$ "u p>agraph 7#c77;,a72 & 7ii7 ! report describ$ 9 p>agraph 7#c77;,d74 4