Crop Insurance Restoration Act
Sponsored By: Representative Young, David [R-IA-3]
Unknown
Summary
Crop Insurance Restoration Act This bill amends the Federal Crop Insurance Act to repeal changes regarding the Standard Reinsurance Agreement that were enacted as part of the Bipartisan Budget Act of 2015. The bill eliminates provisions that: (1) require the Department of Agriculture (USDA) to renegotiate the Standard Reinsurance Agreement no later than December 31, 2016, and at least once every five years thereafter, and (2) establish an 8.9% cap on the overall rate of return for insurance providers under the agreement. (The Standard Reinsurance Agreement is an agreement between USDA and the private companies that administer the federal crop insurance program. It specifies details such as administrative and operating expense reimbursements and risk sharing between USDA and the companies in the operation of the program.)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Young, David [R-IA-3]
IA • R
Cosponsors
Rep. Jenkins, Lynn [R-KS-2]
KS • R
Sponsored 11/3/2015
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 11/5/2015
Rep. Smith, Adrian [R-NE-3]
NE • R
Sponsored 11/5/2015
Rep. King, Steve [R-IA-4]
IA • R
Sponsored 11/5/2015
Rep. Newhouse, Dan [R-WA-4]
WA • R
Sponsored 11/17/2015
Rep. Hultgren, Randy [R-IL-14]
IL • R
Sponsored 11/30/2015
Sen. Cramer, Kevin [R-ND]
ND • R
Sponsored 11/30/2015
Rep. Latta, Robert E. [R-OH-5]
OH • R
Sponsored 12/2/2015
Rep. Bost, Mike [R-IL-12]
IL • R
Sponsored 11/3/2015
Rep. Roby, Martha [R-AL-2]
AL • R
Sponsored 11/5/2015
Rep. Messer, Luke [R-IN-6]
IN • R
Sponsored 11/5/2015
Rep. Blum, Rod [R-IA-1]
IA • R
Sponsored 11/17/2015
Rep. LaHood, Darin [R-IL-16]
IL • R
Sponsored 11/17/2015
Rep. Yoder, Kevin [R-KS-3]
KS • R
Sponsored 11/18/2015
Rep. Smith, Jason [R-MO-8]
MO • R
Sponsored 11/18/2015
Rep. Allen, Rick W. [R-GA-12]
GA • R
Sponsored 11/18/2015
Rep. Aderholt, Robert B. [R-AL-4]
AL • R
Sponsored 11/18/2015
Rep. Fortenberry, Jeff [R-NE-1]
NE • R
Sponsored 11/18/2015
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 11/18/2015
Rep. Valadao, David G. [R-CA-22]
CA • R
Sponsored 11/19/2015
JOHN SHIMKUS
IL • R
Sponsored 11/19/2015
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 11/19/2015
Rep. Ross, Dennis A. [R-FL-15]
FL • R
Sponsored 11/30/2015
Rep. Farenthold, Blake [R-TX-27]
TX • R
Sponsored 11/30/2015
Rep. Gibbs, Bob [R-OH-7]
OH • R
Sponsored 11/30/2015
Rep. Huelskamp, Tim [R-KS-1]
KS • R
Sponsored 11/30/2015
Rep. DesJarlais, Scott [R-TN-4]
TN • R
Sponsored 11/30/2015
Rep. Yoho, Ted S. [R-FL-3]
FL • R
Sponsored 11/30/2015
Rep. Graves, Sam [R-MO-6]
MO • R
Sponsored 11/30/2015
WILLIAM THORNBERRY
TX • R
Sponsored 11/30/2015
Rep. Brooks, Susan W. [R-IN-5]
IN • R
Sponsored 11/30/2015
Rep. Zinke, Ryan K. [R-MT-1]
MT • R
Sponsored 11/30/2015
Rep. Hartzler, Vicky [R-MO-4]
MO • R
Sponsored 12/1/2015
Rep. Abraham, Ralph Lee [R-LA-5]
LA • R
Sponsored 12/1/2015
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 12/1/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov