Sec. 765.
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/bill/117/hr/2617/eah/section-765·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In addition to the amount of reimbursement for administrative and operating expenses available for crop insurance contracts described in subsection (a)(2)(F) of section III of the 2023 Standard Reinsurance Agreement
(SRA)that cover agricultural commodities described in section 101 of title I of the Specialty Crops Competitiveness Act of 2004 ( 7 U.S.C. 1621 note), there is hereby appropriated $50,000,000, to remain available until expended, to pay, with respect to such contracts for the 2021 reinsurance year, an amount that is equal to the difference between the amount to be paid pursuant to the SRA for the applicable reinsurance year and the amount that would be paid if such contracts were not subject to a reduction described in subsection (a)(2)(G) of section III of the SRA but subject to a reimbursement rate equal to 17.5 percent of the net book premium.
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