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Crop Insurance for Future Farmers Act

USA119th CongressS-1073| Senate 
| Updated: 3/14/2025
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
John Thune (Republican)

Agriculture, Nutrition, and Forestry Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, titled the "Crop Insurance for Future Farmers Act," aims to significantly enhance support for beginning farmers and ranchers and veteran farmers and ranchers by amending the Federal Crop Insurance Act. A primary change involves extending the eligibility period for these designations from 5 years to 10 years , allowing more farmers to qualify for specialized benefits for a longer duration. Furthermore, the legislation revises the premium subsidy structure for eligible participants. For the first two reinsurance years, the subsidy will be 15 percentage points greater than the standard rate, providing substantial initial financial relief. This enhanced assistance then gradually adjusts to 13 percentage points in the third year, 11 percentage points in the fourth year, and settles at 10 percentage points above the standard for years five through ten, offering sustained support throughout their first decade in farming.
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Timeline

Bill from Previous Congress

S 118-2458
Crop Insurance for Future Farmers Act of 2023
Mar 14, 2025
Introduced in Senate
Mar 14, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 4, 2025

Latest Companion Bill Action

HR 119-2117
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • Bill from Previous Congress

    S 118-2458
    Crop Insurance for Future Farmers Act of 2023


  • March 14, 2025
    Introduced in Senate


  • March 14, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 4, 2025

    Latest Companion Bill Action

    HR 119-2117
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

Agriculture and Food

Related Bills

  • HR 119-2117: Crop Insurance for Future Farmers Act

Crop Insurance for Future Farmers Act

USA119th CongressS-1073| Senate 
| Updated: 3/14/2025
This bill, titled the "Crop Insurance for Future Farmers Act," aims to significantly enhance support for beginning farmers and ranchers and veteran farmers and ranchers by amending the Federal Crop Insurance Act. A primary change involves extending the eligibility period for these designations from 5 years to 10 years , allowing more farmers to qualify for specialized benefits for a longer duration. Furthermore, the legislation revises the premium subsidy structure for eligible participants. For the first two reinsurance years, the subsidy will be 15 percentage points greater than the standard rate, providing substantial initial financial relief. This enhanced assistance then gradually adjusts to 13 percentage points in the third year, 11 percentage points in the fourth year, and settles at 10 percentage points above the standard for years five through ten, offering sustained support throughout their first decade in farming.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 118-2458
Crop Insurance for Future Farmers Act of 2023
Mar 14, 2025
Introduced in Senate
Mar 14, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Apr 4, 2025

Latest Companion Bill Action

HR 119-2117
Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
  • Bill from Previous Congress

    S 118-2458
    Crop Insurance for Future Farmers Act of 2023


  • March 14, 2025
    Introduced in Senate


  • March 14, 2025
    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.


  • April 4, 2025

    Latest Companion Bill Action

    HR 119-2117
    Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.
Amy Klobuchar

Amy Klobuchar

Democratic Senator

Minnesota

Cosponsors (1)
John Thune (Republican)

Agriculture, Nutrition, and Forestry Committee

Agriculture and Food

Related Bills

  • HR 119-2117: Crop Insurance for Future Farmers Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted