[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 2096 Introduced in Senate (IS)]

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115th CONGRESS
  1st Session
                                S. 2096

To amend the Federal Crop Insurance Act to prohibit payments of premium 
                  subsidy for harvest price policies.


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                   IN THE SENATE OF THE UNITED STATES

                            November 8, 2017

Mr. Flake (for himself and Mrs. Shaheen) introduced the following bill; 
  which was read twice and referred to the Committee on Agriculture, 
                        Nutrition, and Forestry

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                                 A BILL


 
To amend the Federal Crop Insurance Act to prohibit payments of premium 
                  subsidy for harvest price policies.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Harvest Price Subsidy Prohibition 
Act''.

SEC. 2. PROHIBITION ON PREMIUM SUBSIDY FOR HARVEST PRICE POLICIES.

    Section 508(e) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)) 
is amended by adding at the end the following:
            ``(9) Prohibition on premium subsidy for harvest price 
        policies.--Notwithstanding any other provision of law, 
        beginning with the 2018 reinsurance year, the Corporation shall 
        not pay any amount of premium subsidy in the case of a policy 
        or plan of insurance that is based on the actual market price 
        of an agricultural commodity on the date of harvest.''.
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