,,ii  #aai? ,,congress  #a/ ,session    
,s4 #bca  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,janu>y #bc1 #bjbe,mr4 
,wel* 7= himself1 ,ms4 ,w>r51 ,mr4      
,blum5?al1 ,mr4 ,murphy1 ,mr4 ,padilla1 
,mr4 ,s&]s1 & ,mr4 ,van ,holl57         
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,agriculture1 ,nutrition1 & ,=e/ry  ,a  
,,bill  ,to am5d ! ,f$]al ,crop         
,insurance ,act to au?orize ! ,f$]al    
,crop ,insurance ,corporation to c>ry   
out rese>* & developm5t on a s+le index 
insurance policy1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,)/&+ ,extreme ,agricultural ,?reats by 
,h>ve/+ ,economic ,resili5ce ,act (     
#bjbe or ! ,,wea!r ,act ( #bjbe4  #b4   
,s+le index insurance policy  7a7 ,9    
g5]al ,section #ebb7;c7 ( ! ,f$]al ,crop
 ,insurance ,act 7#g ,u4,s4,c4          
#aebb7;c77 is am5d$ 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