H.R. 5633: Agriculture Infrastructure Stability Act of 2025

This legislation, known as the Agriculture Infrastructure Stability Act of 2025, aims to make changes to the Federal Crop Insurance Act, specifically concerning the introduction of new insurance policies that provide financial protections to farmers. Here’s a breakdown of what the bill proposes:

Research and Development of Harvest Incentive Policies

The bill includes a provision for the Corporation (likely referring to the Federal Crop Insurance Corporation) to conduct research and development focused on creating a new type of insurance policy called "harvest incentive policies." These policies would provide coverage specifically for losses in revenue that farmers might experience.

Contracts for Research

Under the proposed legislation, the Corporation will have the option to enter into contracts with qualified parties to conduct this research and development. This allows for potential collaboration with researchers, agricultural experts, or private sector companies that can help formulate effective policies to support farmers.

Policy Availability Timeline

The bill mandates that a harvest incentive policy must be made available to farmers within two years of the bill’s enactment, assuming all necessary conditions are met. This requirement emphasizes a timeline for the implementation of new solutions designed to aid farmers during financial hardships arising from crop revenue losses.

Reporting Requirements

Additionally, the Corporation is required to provide a report to Congress within one year of the enactment. This report must include:

• The findings from the research and development efforts related to the harvest incentive policies.
• A detailed description of any insurance policy that is made available as a result of this initiative.

Purpose and Goals

The overarching goal of the Agriculture Infrastructure Stability Act of 2025 is to enhance the safety net for farmers by creating innovative insurance solutions that better address the challenges they face related to revenue loss. By incentivizing harvest outcomes, the legislation seeks to promote agricultural stability and sustainability.

Relevant Companies

None found.