HR 4804
Insuring Fairness for Family Farmers Act of 2023
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Bill overview
The Insuring Fairness for Family Farmers Act of 2023 aims to make the federal crop insurance program more equitable for smaller family farms. It requires the Federal Crop Insurance Corporation to revise the terms of its Standard and Livestock Price Reinsurance Agreements, specifically adjusting how administrative and operating subsidies (A&O subsidies) are calculated. The bill seeks to ensure that these subsidies are distributed more fairly across farm sizes and to reward agents who work with smaller farms, potentially through bonuses for certain farming characteristics.
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Cosponsor
Earl Blumenauer
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