S.Amdt. 2410
What it does: Rewrites page 2, line 21 of the amendmentWhat it changes
1 change to S.Amdt. 2186
Rewrites page 2, line 21 of the amendment
ReplacesRemoves page 2, line 21 of the amendment.
Inserted: erage level selected by the producer.
Inserted: "(C) Application.--
Inserted: "(i) Study.--Not later than 1 year after the date of enactment of this Act, the Secretary, in consultation with the approved insurance providers, shall carry out a study to determine the effects of the limitation described in subparagraph (B) on--
Inserted: "(I) the overall operations of the Federal crop insurance program;
Inserted: "(II) the number of producers participating in the Federal crop insurance program;
Inserted: "(III) the amount of premiums paid by participating producers;
Inserted: "(IV) any potential liability for approved insurance providers;
Inserted: "(V) any crops or growing regions that may be disproportionately impacted;
Inserted: "(VI) program rating structures;
Inserted: "(VII) creation of schemes or devices to evade the impact of the limitation; and
Inserted: "(VIII) underwriting gains and losses.
Inserted: "(ii) Effectiveness.--The limitation described in subparagraph (B) shall not take effect unless the Secretary determines, through the study described in clause (i), that the limitation would not--
Show 3 more inserted paragraphsShow less
Inserted: "(I) increase the premium amount paid by producers with an average adjusted gross income of less than $750,000;
Inserted: "(II) result in a decline in the availability of crop insurance services to producers; and
Inserted: "(III) increase the costs to the Federal government to administer the Federal crop insurance program established under this subtitle.".
Original wording
On page 2 of the amendment, strike line 21 and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2410. Mr. THUNE submitted an amendment intended to be proposed to amendment SA 2186 submitted by Mr. Coburn (for himself and Mr. Durbin) and intended to be proposed to the bill S. 3240, to reauthorize agricultural programs through 2017, and for other purposes; which was ordered to lie on the table; as follows:
On page 2 of the amendment, strike line 21 and insert the following:
erage level selected by the producer.
“(C) Application.--
“(i) Study.--Not later than 1 year after the date of enactment of this Act, the Secretary, in consultation with the approved insurance providers, shall carry out a study to determine the effects of the limitation described in subparagraph (B) on--
“(I) the overall operations of the Federal crop insurance program;
“(II) the number of producers participating in the Federal crop insurance program;
“(III) the amount of premiums paid by participating producers;
“(IV) any potential liability for approved insurance providers;
“(V) any crops or growing regions that may be disproportionately impacted;
“(VI) program rating structures;
“(VII) creation of schemes or devices to evade the impact of the limitation; and
“(VIII) underwriting gains and losses.
“(ii) Effectiveness.--The limitation described in subparagraph (B) shall not take effect unless the Secretary determines, through the study described in clause (i), that the limitation would not--
“(I) increase the premium amount paid by producers with an average adjusted gross income of less than $750,000;
“(II) result in a decline in the availability of crop insurance services to producers; and
“(III) increase the costs to the Federal government to administer the Federal crop insurance program established under this subtitle.”.
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Senate amendment submitted
June 13, 2012