LIP Enhancement Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This bill, the LIP Enhancement Act of 2025, expands the Livestock Indemnity Program (LIP) to provide payments for losses of unborn livestock. It specifically covers livestock that were gestating on the date of the death of the parent livestock, starting January 1, 2025. The program already provides indemnity payments for livestock deaths due to events like adverse weather or disease, and this change broadens its coverage to include unborn animals.
Key provisions
- Expands LIP coverage to include losses of unborn livestock.
- Payments apply to livestock gestating on the date of the parent livestock’s death.
- Payments are available starting January 1, 2025.
- Payments are capped at 85% of the payment rate for the lowest weight class of livestock.
- Payment amounts vary based on the livestock type and number of birthed animals.
- The Secretary of Agriculture determines the payment rate.
- The Farm Service Agency Administrator oversees the program.
- Defines ‘unborn livestock death losses’ to include livestock gestating at the time of parent livestock death.
Who is affected
- Livestock producers
- Contract growers
- Farmers
- Agricultural businesses
- Livestock owners
Notable changes
- Previously, LIP only covered losses of born livestock.
Bill text
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1 on record
Primary sponsor
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