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Code · BILL · 113th Congress · H.R. 2642 (Placed on Calendar Senate) — To provide for the reform and continuation of agricultural and other programs of the Department of Agriculture throug... · Sec. 10004

Sec. 10004. Premium amounts for catastrophic risk protection

74 words·~1 min read·/bill/113/hr/2642/pcs/section-10004·

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Subparagraph
(A)of section 508(d)(2) of the Federal Crop Insurance Act ( 7 U.S.C. 1508(d)(2) ) is amended to read as follows: In the case of catastrophic risk protection, the amount of the premium established by the Corporation for each crop for which catastrophic risk protection is available shall be reduced by the percentage equal to the difference between the average loss ratio for the crop and 100 percent, plus a reasonable reserve. .
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Sec. 10004
Premium amounts for catastrophic risk protection
U.S.C.§ 1508
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