LIP Enhancement Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill, the Livestock Indemnity Program Enhancement Act of 2025, expands the Livestock Indemnity Program (LIP) to provide payments for losses of unborn livestock. Specifically, it allows producers who have experienced the death of livestock that were gestating on or after January 1, 2024, to receive additional LIP payments. These payments are calculated based on a percentage of the payment rate for the lowest weight class of the livestock, adjusted for the number of animals born during the gestation cycle.
Key provisions
- Expands LIP coverage to include unborn livestock losses.
- Payments apply to livestock gestating on or after January 1, 2024.
- Additional payments are less than or equal to 85% of the standard livestock payment rate.
- Payment amounts vary based on the livestock type and number of animals born.
- The Secretary of Agriculture determines the payment rate.
Who is affected
- Livestock producers
- Contract growers
- Farmers
Notable changes
- Previously, LIP only covered livestock deaths, not unborn livestock losses.
- The bill establishes a specific payment rate for unborn livestock losses.
Bill text
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2 on record
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