# 119-s-1493: Livestock Indemnity Program Improvement Act of 2025

119-s-1493, Livestock Indemnity Program Improvement Act of 2025, is a 119th Congress bill sponsored by Sen. Rounds, Mike [R-SD] (R-SD); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-s-1493
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1493
- Congress: 119
- Title: Livestock Indemnity Program Improvement Act of 2025
- Status: introduced
- Introduced: 2025-04-10
- Sponsor: Sen. Rounds, Mike [R-SD] (R-SD)
- Cosponsors: 1
- Policy area: Agriculture and Food
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Requires quarterly market-value determinations for Livestock Indemnity Program payments.** The bill would amend the Agricultural Act of 2014 to create a defined process for valuing indemnity payments. The Secretary, working with the Administrator of the Agricultural Marketing Service (AMS), would set market values each quarter and may use other appropriate resources to do so. The change reorganizes the statute's subparagraphs and affects only how LIP payments are valued, not program funding, eligibility, sunsets, or enforcement.

## Cosponsors (1)

- Sen. Bennet, Michael F. [D-CO] (D-CO), 2025-04-10T00:00:00.000Z

## Provisions PRIA read

- Quarterly livestock market values for farmers: benefit, medium. If enacted, this bill would require USDA to set market values every quarter for Livestock Indemnity Program (LIP) payments. The Secretary would coordinate with the Agricultural Marketing Service and may use other data sources. Those quarterly values would be used to calculate your LIP indemnity pay…

## Related bills

- 119-s-2904: SHADOW Fleet Sanctions Act of 2026
- 119-s-3257: John A. Hauser Mental Health in Aviation Act
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026
- 119-s-4875: PASTEUR Act of 2026
- 119-s-3940: Access to Fair Financing for Opportunity and Resilient Development Act

## Sources
- [119-s-1493 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1493)

## Related
- [119-s-2904: SHADOW Fleet Sanctions Act of 2026](https://policyrisk.com/legislation/119-s-2904)
- [119-s-3257: John A. Hauser Mental Health in Aviation Act](https://policyrisk.com/legislation/119-s-3257)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026](https://policyrisk.com/legislation/119-s-5025)
- [119-s-4875: PASTEUR Act of 2026](https://policyrisk.com/legislation/119-s-4875)
- [119-s-3940: Access to Fair Financing for Opportunity and Resilient Development Act](https://policyrisk.com/legislation/119-s-3940)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1493 (as of 2026-04-21).