To require the Federal Crop Insurance Corporation to revise the terms of the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To require the Federal Crop Insurance Corporation to revise the terms of the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement, and for other purposes., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses. The main policy domain is Agriculture, Finance, Social Welfare.
Who Benefits and How
farmers, ranchers, and agricultural businesses may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, farmers, ranchers, and agricultural businesses may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section id9578D75347D8461AA9A1186F05674153: 1. Short title This Act may be cited as the Insuring Fairness for Family Farmers Act of 2023.
- Section idbc88439d3b314390885c03f246b27dca: 2. Terms for Standard Reinsurance Agreement and Livestock Price Reinsurance Agreement In this section: The term A&O subsidy means the subsidy for...
- Section ida4ea738a98d74d899606a21a32dfc6db: 3. GAO report Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall make publicly available a...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To require the Federal Crop Insurance Corporation to revise the terms of the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement, and for other purposes., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.
Key Policy Areas
Agriculture, Finance, Social Welfare
Primary Purpose
This bill, To require the Federal Crop Insurance Corporation to revise the terms of the Standard Reinsurance Agreement and the Livestock Price Reinsurance Agreement, and for other purposes., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.
Policy Domains
Whole bill
Identified Gains
- farmers, ranchers, and agricultural businesses
Identified Costs
- federal implementing agencies
- farmers, ranchers, and agricultural businesses
Sponsors
Legislative Progress
IntroducedMr. Booker (for himself, Mr. Blumenthal, and Mr. Welch) introduced …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_administrator"
- → The Administrator identified in the operative section
- "secretary_of_agriculture"
- → Secretary of Agriculture
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology