Sec. 10008. Research and development priorities
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Section 522(c) of the Federal Crop Insurance Act ( 7 U.S.C. 1522(c) ) is amended— by striking paragraphs
(7)through (18); by striking paragraphs
(20)through (23); and by redesignating paragraphs
(19)and
(24)as paragraphs
(7)and (8), respectively. Paragraph
(7)of section 522(c) of the Federal Crop Insurance Act ( 7 U.S.C. 1522(c) ), as redesignated by subsection (a), is amended by adding at the end the following new subparagraph: Notwithstanding section 502(b)(3), with respect to plans described under this paragraph, the term beginning farmer or rancher means a farmer or rancher who has not actively operated and managed a farm or ranch with a bona fide insurable interest in a crop or livestock as an owner-operator, landlord, tenant, or sharecropper for more than 10 crop years. . Section 522(c) of the Federal Crop Insurance Act ( 7 U.S.C. 1522(c) ) as amended by subsection (a), is further amended by adding at the end the following new paragraphs: The Corporation shall offer to enter into 1 or more contracts with qualified entities to carry out research and development regarding a policy to insure crops, including tomatoes, peppers, and citrus, against losses due to a tropical storm or hurricane. Research and development with respect to the policy required under subparagraph
(A)shall— evaluate the effectiveness of a risk management tool for a low frequency, catastrophic loss weather event; and provide protection for production or revenue losses, or both. The Corporation shall offer to enter into a contract with a qualified entity to conduct research and development regarding the creation of a separate practice for subsurface irrigation, including the establishment of a separate transitional yield within the county that is reflective of the average gain in productivity and yield associated with the installation of a subsurface irrigation system. The Corporation shall contract with a qualified entity to conduct a study to assess the difference in rates, average yields, and coverage levels of grain sorghum policies as compared to other feed grains within a county. Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that describes the results of the study conducted under subparagraph (A). The Corporation shall offer to enter into a contract with a qualified entity to conduct research and development regarding the establishment of an alternative method of adjusting for quality losses that does not impact the average production history of producers. Notwithstanding subsections
(g)and
(m)of section 508, if the Corporation uses any method developed as a result of the contract described in subparagraph
(A)to adjust for quality losses, such method shall be— optional for producers to elect to use; and offered at an actuarially sound premium rate. .
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Sec. 10008
Research and development priorities
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