S.Amdt. 2447

1. Adds SEC. 11024. DISCLOSURE IN THE PUBLIC INTEREST after section 11023

   Adds a section

   In S. 3240 · Placed on Calendar Senate

   "(II) in the case of beginning farmers or ranchers, replace each excluded yield with a yield equal to 80 percent of the applicable transitional yield.".

   Inserted: SEC. 11024. DISCLOSURE IN THE PUBLIC INTEREST.

   Inserted: Section 502(c)(2) of the Federal Crop Insurance Act (7 U.S.C. 1502(c)(2)) is amended--

   Inserted: (1) by redesignating subparagraphs (A) and (B) as subparagraphs (C) and (D) respectively; and

   Inserted: (2) by inserting before subparagraph (C) (as so redesignated) the following:

   Inserted: "(A) Disclosure in the public interest.--Notwithstanding paragraph (1) or any other provision of law, except as provided in subparagraph (B), the Secretary shall on an annual basis make available to the public--

   Inserted: "(i)(I) the name of each individual or entity who obtained a federally subsidized crop insurance, livestock, or forage policy or plan of insurance during the previous fiscal year;

   Inserted: "(II) the amount of premium subsidy received by the individual or entity from the Corporation; and

   Inserted: "(III) the amount of any Federal portion of indemnities paid in the event of a loss during that fiscal year for each policy associated with that individual or entity; and

   Inserted: "(ii) for each private insurance provider, by name--

   Inserted: "(I) the underwriting gains earned through participation in the federally subsidized crop insurance program; and

   Inserted: "(II) the amount paid under this subtitle for--

   Inserted: "(aa) administrative and operating expenses;

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   Inserted: "(bb) any Federal portion of indemnities and reinsurance; and

   Inserted: "(cc) any other purpose.

   Inserted: "(B) Limitation.--The Secretary shall not disclose information pertaining to individuals and entities covered by a catastrophic risk protection plan offered under section 508(b).".

   Original wording

   After section 11023, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed