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H.R. 892House114th Congress (2015-2017)In Committee

Harvest Price Subsidy Reduction Act

Sponsored by John J. Duncan, Jr.Rep. John J. Duncan, Jr. (R-TN)
Introduced February 11, 2015

Legislative Activity

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2 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on General Farm Commodities and Risk Management.

General Farm Commodities, Risk Management, and Credit Subcommittee

February 27, 2015

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HouseIntro Referral

Introduced in House

February 11, 2015

HouseIntro Referral

Referred to the House Committee on Agriculture.

Agriculture Committee

February 11, 2015

HouseCommittee

Referred to the Subcommittee on General Farm Commodities and Risk Management.

General Farm Commodities, Risk Management, and Credit Subcommittee

February 27, 2015

Bill Text

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Introduced in HouseIssued February 11, 2015

I

114th CONGRESS

1st Session

H. R. 892

IN THE HOUSE OF REPRESENTATIVES

February 11, 2015

Mr. Duncan of Tennessee introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To amend the Federal Crop Insurance Act to prohibit the paying of premium subsidies on policies based on the actual market price of an agricultural commodity at the time of harvest.

1.

Short title

This Act may be cited as the Harvest Price Subsidy Reduction Act.

2.

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 end the following:

(9)

Prohibition on premium subsidy for harvest price policies

Notwithstanding any other provision of law and beginning with the 2016 reinsurance year, the Corporation may not pay any amount of premium subsidy in the case of a policy or plan of insurance that is based on the actual market price of an agricultural commodity at the time of harvest.

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