S4215-119

In Committee

AFFIRM Act of 2026

119th Congress Introduced Mar 26, 2026

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

The bill adds or tightens a compliance mandate, definition change provision: 3, adds or tightens a compliance mandate provision: 5. Cap on overall rate of return for crop insurance providers Section 508(k)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)(3)) is amended— by striking, and expands a compliance mandate, product standard provision: 6. Cap on reimbursements for administrative and operating expenses of crop insurance providers Section 508(k)(4) of the Federal Crop Insurance Act (7 U.S.C. It relies on compliance mandates, product standards, and definition changes. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.

Key Provisions

  • Adds or tightens a compliance mandate, definition change provision: 3.
  • Adds or tightens a compliance mandate provision: 5. Cap on overall rate of return for crop insurance providers Section 508(k)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)(3)) is amended— by striking...
  • Expands a compliance mandate, product standard provision: 6. Cap on reimbursements for administrative and operating expenses of crop insurance providers Section 508(k)(4) of the Federal Crop Insurance Act (7 U.S.C....
  • Adds or tightens a product standard provision: 7. Renegotiation of Standard Reinsurance Agreement Section 508(k)(8) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)(8)) is amended by striking subparagraph (F).

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.

At a Glance

What This Bill Does

The bill adds or tightens a compliance mandate, definition change provision: 3, adds or tightens a compliance mandate provision: 5. Cap on overall rate of return for crop insurance providers Section 508(k)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)(3)) is amended— by striking, and expands a compliance mandate, product standard provision: 6. Cap on reimbursements for administrative and operating expenses of crop insurance providers Section 508(k)(4) of the Federal Crop Insurance Act (7 U.S.C.

Key Policy Areas

Finance

Primary Purpose

The bill adds or tightens a compliance mandate, definition change provision: 3, adds or tightens a compliance mandate provision: 5. Cap on overall rate of return for crop insurance providers Section 508(k)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(k)(3)) is amended— by striking, and expands a compliance mandate, product standard provision: 6. Cap on reimbursements for administrative and operating expenses of crop insurance providers Section 508(k)(4) of the Federal Crop Insurance Act (7 U.S.C.

Policy Domains

Finance

Legislative Progress

In Committee
Introduced Committee Passed
Mar 26, 2026

Read twice and referred to the Committee on Agriculture, Nutrition, …

Mar 26, 2026

Introduced in Senate

Mar 26, 2026

Mrs. Shaheen introduced the following bill; which was read twice …

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?

Domains
Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

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