Sec. 505. Beginning farmer and rancher disaster assistance
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/bill/115/hr/4316/ih/section-505·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 196 of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7333 ) is amended— in subsection (a)(2), by adding at the end the following new subparagraph: The term eligible crop includes each commercial crop or other agricultural commodity (except livestock) produced by a beginning farmer or rancher, even though the commercial crop or other agricultural commodity fails to satisfy clause
(i)or
(ii)of subparagraph (A), if the beginning farmer or rancher is ineligible for a whole farm diversified risk management insurance plan under the Federal Crop Insurance Act due to lack of production or revenue history. ; in subsection (e), by adding at the end the following new paragraph: If the eligible producer is a beginning farmer or rancher (as defined in section 502(b)(3)), and was previously involved in a farming operation, including involvement in the decision making or physical involvement in the production of the crop or livestock on the farm, for any acreage obtained by the beginning farmer or rancher, a yield or revenue shall be used that is the higher of— the actual production of the previous producer of the crop on the acreage determined under subparagraph (2); or the yield or revenue of the producer, as determined under paragraph (3). ; in subsection (k)(1)— by striking for an eligible crop ; and by striking for the eligible crop ; in subsection (l)— by striking paragraphs
(3)and (5); and by inserting after paragraph
(2)the following new paragraph (3): The Secretary may delegate the authority for determining the average market price (including the direct market price and the organic price) for a crop to a State Farm Service Agency administrator when sufficient data is available to develop an average market price based on State level data for the crop. ; and by adding at the end the following new subsections: Notwithstanding any other provisions of this section, the following additional coverage shall be made available to any beginning farmer or rancher for up to the longer of the following: Four years. The requisite number of years of revenue history required for the farmer or rancher to qualify for revenue coverage offered under the Federal Crop Insurance Act. Additional coverage shall be available to beginning farmers and ranchers under this subsection up to 75 percent, as elected by the farmer or rancher and specified in 5-percent increments. Eligible producers may elect revenue coverage under this subsection only when the total acres in which they have a risk do not exceed five acres in a county. If revenue coverage is elected, that election shall apply to all eligible crops and commodities on a farm. The Secretary shall make available noninsured assistance under this subsection at a payment amount equivalent to the amount that— the expected revenue for the farm, as determined by the Secretary, multiplied by the coverage level elected by the producer, which is— for catastrophic level coverage, 27.5 percent; or for additional levels of coverage, the amount elected by the producer, from 50 to 65 percent, or from 50 to 75 percent for a beginning farmer or rancher (as defined in section 502(b)(3)); exceeds the actual revenue for the farm, as determined by the Secretary. To be eligible to receive a payment under this subsection, the producer must pay the service fee required by subsection (k). To be eligible to receive a payment under the additional levels of coverage in paragraph (2)(B)(ii), the producer must pay a premium equal to— the lesser of— the sum of the premiums for each eligible farm, with the premium for each eligible farm obtained by multiplying— the expected revenue for the farm, as determined by the Secretary; the coverage level elected by the producer; and a 5.25-percent premium fee; or the product obtained by multiplying— a 5.25-percent premium fee; and the applicable payment limit. If revenue coverage is elected, a producer is not required to provide an acreage report under subsection (b)(3), but the producer must provide a Farm Operation Report and tax records for prior years, as determined by the Secretary. .
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Sec. 505
Beginning farmer and rancher disaster assistance
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