S.Amdt. 1043
What it does: Rewrites page 1085, line 11 through page 1086, line 17What it changes
1 change to S. 954
Rewrites page 1085, line 11 through page 1086, line 17
ReplacesPrinted pageRemoves page 1085, line 11 through page 1086, line 17 of the printed bill. See that page
Inserted: (i) a study to determine the feasibility of insuring commercial poultry production against business disruptions caused by integrator bankruptcy or other significant market disruptions; and
Inserted: (ii) a study to determine the feasibility of insuring poultry producers for a catastrophic event.
Inserted: (C) Business disruption study.--The study described in subparagraph (B)(i) shall--
Inserted: (i) evaluate the market place for business disruption insurance that is available to poultry producers;
Inserted: (ii) assess the feasibility of a policy to allow producers to ensure against a portion of losses from loss under contract due to business disruptions from integrator bankruptcy or other significant market disruptions; and
Inserted: (iii) analyze the costs to the Federal Government of a Federal business disruption insurance program for poultry producers.
Inserted: (D) Reports.--Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that describes the results of--
Inserted: (i) the study carried out under subparagraph (B)(i); and
Inserted: (ii) the study carried out under subparagraph (B)(ii).
Inserted: (E) Implementation.--The Board shall review the policy described in subparagraph (B) under subsection 508(h) and approve the policy if the Board finds that the policy--
Inserted: (i) will likely result in a viable and marketable policy consistent with this subsection;
Inserted: (ii) would provide crop insurance coverage in a significantly improved form;
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Inserted: (iii) adequately protects the interests of producers; and
Inserted: (iv) meets other requirements of this subtitle determined appropriate by the Board.
Original wording
Beginning on page 1085, strike line 11 and all that follows through page 1086, line 17, and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1043. Mr. PRYOR (for himself, Mr. Coons, and Mr. Chambliss) submitted an amendment intended to be proposed by him to the bill S. 954, to reauthorize agricultural programs through 2018; which was ordered to lie on the table; as follows:
Beginning on page 1085, strike line 11 and all that follows through page 1086, line 17, and insert the following:
“(i) a study to determine the feasibility of insuring commercial poultry production against business disruptions caused by integrator bankruptcy or other significant market disruptions; and
“(ii) a study to determine the feasibility of insuring poultry producers for a catastrophic event.
“(C) Business disruption study.--The study described in subparagraph (B)(i) shall--
“(i) evaluate the market place for business disruption insurance that is available to poultry producers;
“(ii) assess the feasibility of a policy to allow producers to ensure against a portion of losses from loss under contract due to business disruptions from integrator bankruptcy or other significant market disruptions; and
“(iii) analyze the costs to the Federal Government of a Federal business disruption insurance program for poultry producers.
“(D) Reports.--Not later than 1 year after the date of enactment of this paragraph, the Corporation shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that describes the results of--
“(i) the study carried out under subparagraph (B)(i); and
“(ii) the study carried out under subparagraph (B)(ii).
“(E) Implementation.--The Board shall review the policy described in subparagraph (B) under subsection 508(h) and approve the policy if the Board finds that the policy--
“(i) will likely result in a viable and marketable policy consistent with this subsection;
“(ii) would provide crop insurance coverage in a significantly improved form;
“(iii) adequately protects the interests of producers; and
“(iv) meets other requirements of this subtitle determined appropriate by the Board.”.
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Senate amendment submitted
May 21, 2013