US Congress House Bill 3107 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 5 2011 - 25% progression, died in committee
Action: 2011-10-14 - Referred to the Subcommittee on General Farm Commodities and Risk Management.
Pending: House Subcommittee on General Farm Commodities and Risk Management Committee
Text: Latest bill text (Introduced) [PDF]

Crop Risk Options Plan Act of 2011 - Amends the Federal Crop Insurance Act to: (1) provide an agricultural producer with the option of purchasing additional crop insurance coverage (total coverage option) based on an area yield and loss basis instead of an individual yield and loss basis, (2) trigger additional coverage when area losses reach 10% of normal levels, (3) limit indemnities to the amount of the deductible under the underlying individual policy, and (4) set premium subsidies for the additional coverage at not less than 60%. Revises actual production history deteminations from a 10-year average to a 7-year average with the highest and lowest production year dropped from the average.

Crop Risk Options Plan Act of 2011

Rep. Randy Neugebauer [R-TX]

Date	Chamber	Action
2011-10-14	House	Referred to the Subcommittee on General Farm Commodities and Risk Management.
2011-10-05	House	Referred to the House Committee on Agriculture.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3107/all-info
Text	https://www.congress.gov/112/bills/hr3107/BILLS-112hr3107ih.pdf