[Congressional Record Volume 164, Number 107 (Tuesday, June 26, 2018)]
[Senate]
[Page S4443]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3177. Mrs. FEINSTEIN (for herself, Mr. Cornyn, Mrs. Murray, and
Mr. Udall) submitted an amendment intended to be proposed by her to the
bill H.R. 2, to provide for the reform and continuation of agricultural
and other programs of the Department of Agriculture through fiscal year
2023, and for other purposes; which was ordered to lie on the table; as
follows:
In section 1401, strike subsection (b) and insert the
following:
(b) Definitions.--Section 1401 of the Agricultural Act of
2014 (7 U.S.C. 9051) is amended--
(1) by redesignating paragraphs (4) through (10) as
paragraphs (5) through (11), respectively;
(2) by inserting after paragraph (3) the following:
``(4) Catastrophic coverage.--The term `catastrophic
coverage' means coverage under section 1406(a)(2)(B).'';
(3) in paragraph (6) (as so redesignated)--
(A) in the paragraph heading, by striking ``Margin
protection program'' and inserting ``Dairy risk coverage'';
(B) by striking ``margin protection program'' the first
place it appears and inserting ``dairy risk coverage''; and
(C) by striking ``the margin protection program'' and
inserting ``dairy risk coverage'';
(4) in paragraph (7) (as so redesignated)--
(A) in the paragraph heading, by striking ``Margin
protection program'' and inserting ``Dairy risk coverage'';
(B) by striking ``margin protection program'' the first
place it appears and inserting ``dairy risk coverage''; and
(C) by striking ``the margin protection program pursuant
to''; and
(5) in paragraphs (8) and (9) (as so redesignated), by
striking ``the margin protection program'' each place it
appears and inserting ``dairy risk coverage''.
In section 1401(e), strike paragraph (3) and insert the
following:
(3) in subsection (b)--
(A) in each of paragraphs (1), (3), and (4), by striking
``the margin protection program'' and inserting ``dairy risk
coverage''; and
(B) by adding at the end the following:
``(5) Catastrophic coverage.--A participating dairy
operation may elect to receive catastrophic coverage instead
of paying a premium under section 1407.'';
In section 1401(e)(4)(A), strike ``and'' at the end.
In section 1401(e)(4), add at the end the following:
(C) in paragraph (2)--
(i) by striking ``The administrative'' and inserting the
following:
``(A) In general.--The administrative''; and
(ii) by adding at the end the following:
``(B) Catastrophic coverage.--In addition to the
administrative fee under subparagraph (A), a participating
dairy operation that elects to receive catastrophic coverage
shall pay an additional administrative fee of $100.''; and
In section 1401(g), strike paragraph (3) and insert the
following:
(3) in subsection (a)--
(A) in paragraph (1)--
(i) by striking ``to $4.00'' and all that follows through
``$5.50'' and inserting the following: ``to--
``(A) in the case of catastrophic coverage, $5.00;
``(B) $5.50''; and
(ii) by adding at the end the following:
``(C) in the case of production subject to premiums under
section 1407(b), any amount described in subparagraph (B),
$8.50, or $9.00; and''; and
(B) in paragraph (2)--
(i) by striking ``(2) a percentage'' and inserting the
following:
``(2)(A) a percentage'';
(ii) in subparagraph (A) (as so designated)--
(I) by striking ``beginning with 25 percent and not
exceeding'' and inserting ``that does not exceed''; and
(II) by striking the period at the end and inserting ``;
or''; and
(iii) by adding at the end the following:
``(B) in the case of catastrophic coverage, a coverage
level of 40 percent of the production history of the
participating dairy operation.''; and
In section 1401(h)(3), strike subparagraph (A) and insert
the following:
(A) in paragraph (2)--
(i) by striking ``Except as'' and all that follows through
``the'' and inserting ``The'';
(ii) by striking the rows relating to the $4.00, $4.50, and
$5.00 coverage levels;
(iii) by striking ``$0.009'' and inserting ``$0.02'';
(iv) by striking ``$0.016'' and inserting ``$0.04'';
(v) by striking ``$0.040'' and inserting ``$0.07'';
(vi) by striking ``$0.063'' and inserting ``$0.10'';
(vii) by striking ``$0.087'' and inserting ``$0.12'';
(viii) by striking ``$0.142'' and inserting ``$0.14''; and
(ix) by adding at the end of the table the following:
``$8.50 $0.16
$9.00 $0.18''; and
In section 1401(h), strike paragraph (4) and insert the
following:
(4) in subsection (c)(2)--
(A) by striking the rows relating to the $4.00, $4.50, and
$5.00 coverage levels;
(B) by striking ``$0.100'' and inserting ``$0.144'';
(C) by striking ``$0.155'' and inserting ``$0.24'';
(D) by striking ``$0.290'' and inserting ``$0.42'';
(E) by striking ``$0.830'' and inserting ``$1.08'';
(F) by striking ``$1.060'' and inserting ``$1.32''; and
(G) by striking ``$1.360'' and inserting ``$1.68'';
In section 1431(j) of the Agricultural Act of 2014 (as
amended by section 1413(a)), strike ``$5,000,000 for fiscal
year 2019 and'' and insert ``$8,000,000 for fiscal year 2019,
and $5,000,000 for''.
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