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Code · BILL · 113th Congress · H.R. 2121 (Introduced in House) — To amend the Federal Crop Insurance Act to require annual disclosure of crop insurance premium subsidies in the publi... · Sec. 2

Sec. 2. Annual disclosure of crop insurance premium subsidies in the public interest

202 words·~1 min read·/bill/113/hr/2121/ih/section-2

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Section 502(c)(2) of the Federal Crop Insurance Act ( 7 U.S.C. 1502(c)(2) ) is amended— by redesignating subparagraphs
(A)and
(B)as subparagraphs
(C)and
(D)respectively; and by inserting before subparagraph
(C)(as so redesignated) the following: Notwithstanding paragraph
(1)or any other provision of law, except as provided in subparagraph (B), the Secretary shall on an annual basis make available to the public— the name of each individual or entity who obtained a federally subsidized crop insurance, livestock, or forage policy or plan of insurance during the previous fiscal year; the amount of premium subsidy received by the individual or entity from the Corporation; and the amount of any Federal portion of indemnities paid in the event of a loss during that fiscal year for each policy associated with that individual or entity; and for each private insurance provider, by name— the underwriting gains earned through participation in the federally subsidized crop insurance program; and the amount paid under this subtitle for— administrative and operating expenses; any Federal portion of indemnities and reinsurance; and any other purpose. The Secretary shall not disclose information pertaining to individuals and entities covered by a catastrophic risk protection plan offered under section 508(b). .
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Sec. 2
Annual disclosure of crop insurance premium subsidies in the public interest
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