Federal RuleAug 21
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DOL Rewrites Disability Rules for 'Merit-Based Opportunity' Push
RuleLabor DepartmentFederal Contract Compliance Programs OfficeSignificant Wallet
119-s-1073119th CongressWALLET
Crop Insurance for Future Farmers Act
Sponsored By: Senator Klobuchar, Amy [D-MN]
Introduced
Summary
Expands crop insurance support for beginning and veteran farmers and ranchers. It raises the time that counts toward "beginning" or "veteran" status from 5 to 10 crop years and sets a tiered premium-assistance boost for their first 10 years.
Show full summary
- Beginning farmers and ranchers: Now qualify for 10 years instead of 5, and get higher premium assistance on federal crop insurance with this schedule: 15 percentage points for years 1-2, 13 points year 3, 11 points year 4, and 10 points years 5-10.
- Veteran farmers and ranchers: Veteran status rules expand to 10 years, including those who first obtained veteran status within the past 10 years. Veterans receive the same 10-year tiered premium-assistance schedule.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More insurance help for new, veteran farmers
If enacted, the bill would let more people qualify as beginning farmers by changing the threshold from 5 years to 10 years. It would also lengthen veteran status timing to 10 crop years instead of 5. The bill would replace the flat 10-percentage-point premium boost with a tiered schedule: +15 percentage points for reinsurance years 1–2, +13 for year 3, +11 for year 4, and +10 for years 5–10. These changes would apply when you participate as a beginning or veteran farmer in an applicable crop insurance policy.
Sponsors & CoSponsors
Sponsor
Klobuchar, Amy [D-MN]
MN • D
Cosponsors
Sen. Thune, John [R-SD]
SD • R
Sponsored 3/14/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov