Sec. 2. Cover crops planted due to prevented planting
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Section 508A of the Federal Crop Insurance Act ( 7 U.S.C. 1508a ) is amended— in subsection (c)— in paragraph (1)(B)(ii)— by striking collect an indemnity and inserting the following: collect— an indemnity ; in subclause
(I)(as so designated), by striking the period at the end and inserting ; or ; and by adding at the end the following: an indemnity payment that is equal to the prevented planting guarantee for the acreage for the first crop, if the second crop— is an approved cover crop that— will be planted for use as animal feed or bedding that is hayed, grazed (rotationally, adaptively, or at equal to or less than the carrying capacity), or chopped outside of the primary nesting season; or will not be harvested, such as a crop with an intended use of being left standing or cover; and cannot be harvested for grain or other uses unrelated to livestock forage or conservation, as determined by the Corporation. ; and in paragraph (3)— by inserting a second crop described in item
(aa)or
(bb)of paragraph (1)(B)(ii)(II), or before double cropping ; and by striking make an election under paragraph (1)(B) and inserting makes an election under paragraph (1)(B)(ii)(I) ; and by inserting at the end the following: For producers that plant cover crops following prevented planting, the Corporation may provide separate prevented planting coverage factors that include preplanting costs, the cost of cover crop seed, and the cost of fencing and supplying water to livestock. . Section 522(c) of the Federal Crop Insurance Act ( 7 U.S.C. 1522(c) ) is amended by adding at the end the following: The Corporation shall carry out research and development, or offer to enter into one or more contracts with one or more qualified persons to carry out research and development, regarding a policy to insure crops on fields that regularly utilize cover crops. Research and development under subparagraph
(A)shall include— a review of prevented planting coverage factors described in section 508A(f) and an evaluation of whether to include cover crop seed costs and costs related to grazing in the calculation of a factor; the extent to which cover crops reduce the risk of subsequent prevented planting; the extent to which cover crops make crops more resilient to or otherwise reduce the risk of loss resulting from natural disasters such as drought; the extent to which increased regularity of using cover crops or interactions with other practices such as tillage or rotation affects risk reduction; whether rotational, adaptive, or other prescribed grazing of cover crops can maintain or improve risk reduction; and how best to account for any reduced risk and provide a benefit to producers using cover crops through a separate plan or policy of insurance. Not later than 18 months after the date of enactment of this paragraph, the Corporation shall make available on the website of the Corporation, and 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 research and development carried out under subparagraph (A); and includes any recommendations with respect to those results. .
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