To amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, 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 amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, and for other purposes., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses. The main policy domain is Agriculture, Finance, Transportation.
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 HD488AB10FDA54D1DB0D571A768D9F507: 1. Short title This Act may be cited as the Assisting Family Farmers through Insurance Reform Measures Act of 2024 or the AFFIRM Act of 2024.
- Section H3870EB2349E443E5B764C84D339C1724: 2. Crop insurance premium subsidies disclosure in the public interest Section 502(c)(2) of the Federal Crop Insurance Act (7 U.S.C. 1502(c)(2)) is amended— by...
- Section H9C8204E3CB3A4C0FA02584A290C73C9D: 3. Adjusted gross income and per person limitations on share of insurance premiums paid by Corporation Section 508(e)(1) of the Federal Crop Insurance Act (7...
- Section HC4D6E4CC12D14662A7F37CFD49B9A845: 4. Prohibition on premium subsidy for harvest price policies Section 508(e) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)) is amended by adding at the...
- Section H447BE5D63D404078953D20416397FB68: 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...
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 amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, and for other purposes., changes federal law or congressional policy affecting farmers, ranchers, and agricultural businesses.
Key Policy Areas
Agriculture, Finance, Transportation
Primary Purpose
This bill, To amend the Federal Crop Insurance Act to reduce Federal spending on crop insurance, 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
Legislative Progress
IntroducedMrs. 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?
- "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.
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