[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2598 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 2598

 To amend the Federal Crop Insurance Act to modify whole farm revenue 
                  protection, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 27, 2023

   Mr. Brown (for himself, Mr. Welch, Mr. Fetterman, Ms. Smith, Mr. 
Booker, and Mr. Warnock) introduced the following bill; which was read 
  twice and referred to the Committee on Agriculture, Nutrition, and 
                                Forestry

_______________________________________________________________________

                                 A BILL


 
 To amend the Federal Crop Insurance Act to modify whole farm revenue 
                  protection, and for other purposes.

    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 ``Whole Farm Revenue Protection 
Program Improvement Act of 2023''.

SEC. 2. WHOLE FARM REVENUE PROTECTION.

    Section 522(c) of the Federal Crop Insurance Act (7 U.S.C. 1522(c)) 
is amended--
            (1) in paragraph (1)--
                    (A) in subparagraph (B), by striking ``and'' at the 
                end;
                    (B) in subparagraph (C), by striking the period at 
                the end and inserting ``; and''; and
                    (C) by adding at the end the following:
                    ``(D) increase participation by producers--
                            ``(i) marketing direct-to-consumers;
                            ``(ii) marketing through intermediated 
                        sales in local and regional markets; or
                            ``(iii) using farm identity-preserved 
                        marketing.''; and
            (2) in paragraph (7)--
                    (A) in subparagraph (B), by inserting ``or in 
                combination with'' after ``in lieu of'';
                    (B) in subparagraph (C)--
                            (i) in the matter preceding clause (i), by 
                        striking ``may'' and inserting ``shall'';
                            (ii) in clause (i), by striking ``or'' at 
                        the end;
                            (iii) by redesignating clause (ii) as 
                        clause (iii); and
                            (iv) by inserting after clause (i) the 
                        following:
                            ``(ii) utilize a resource-conserving crop 
                        rotation; or'';
                    (C) in subparagraph (D), by striking ``may'' and 
                inserting ``shall'';
                    (D) by redesignating subparagraph (F) as 
                subparagraph (G); and
                    (E) by inserting after subparagraph (E) the 
                following:
                    ``(F) Modifications to improve effectiveness for 
                specialty crops and diversified farms.--Not later than 
                180 days after the date of enactment of the Whole Farm 
                Revenue Protection Program Improvement Act of 2023, the 
                Corporation shall implement the following modifications 
                to the plan developed under subparagraph (A):
                            ``(i) Establish that Internal Revenue 
                        Service Tax Form Schedule F shall be sufficient 
                        for the establishment of historical adjusted 
                        revenue, subject to the condition that approved 
                        insurance providers may request additional 
                        verifiable records in cases where there is 
                        documented evidence that the farm tax records 
                        of the applicant are incomplete.
                            ``(ii) Prohibit an approved insurance 
                        provider from adjusting the revenue guarantee 
                        after the approved insurance provider accepts 
                        the revised farm operation report, unless the 
                        approved insurance provider, in coordination 
                        with the Risk Management Agency, identifies 
                        indicators of potential fraud.
                            ``(iii) Expand the option for significantly 
                        less paperwork and recordkeeping to producers 
                        with not less than $1,000,000 in gross revenue.
                            ``(iv) Raise the limit on growth expansion 
                        for all producers to the lower of--
                                    ``(I) 100 percent of historic 
                                revenue; and
                                    ``(II) $500,000.
                            ``(v) Expand the diversification premium 
                        discount to apply to not fewer than 10 
                        commodities.
                            ``(vi) Moderate the impact of disaster 
                        years by--
                                    ``(I) counting payments made under 
                                the noninsured crop disaster assistance 
                                program established by section 196 of 
                                the Federal Agriculture Improvement and 
                                Reform Act of 1996 (7 U.S.C. 7333); or
                                    ``(II) using an assigned yield 
                                floor similar to the limitation 
                                described in section 508(g)(6)(A)(i), 
                                as determined by the Secretary.
                            ``(vii) Increase agent incentives to market 
                        whole farm revenue protection by--
                                    ``(I) providing annual additional 
                                administration and operating subsidies, 
                                at a rate determined by the Secretary, 
                                to approved insurance providers for any 
                                new whole farm revenue policies written 
                                in a given year; and
                                    ``(II) with respect to a whole farm 
                                revenue protection policy, requiring 
                                approved insurance providers to pay to 
                                the agent who sold that policy an 
                                amount equal to the total 
                                administration and operating subsidy 
                                earned on that policy.
                            ``(viii) Provide for additional educational 
                        and training opportunities to approved 
                        insurance providers and insurance agents.''.
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