S. 2396: Farm Board Act of 2025
The Farm Board Act of 2025 proposes to amend the Federal Crop Insurance Act, specifically regarding the composition of the Board of Directors of the Federal Crop Insurance Corporation. The key changes this bill introduces include the following:
Board of Directors Composition Changes
The current requirement specifying that the Board must have "at least one specialty crop producer" will be updated. Under the new provisions:
- The Board must have a minimum of one specialty crop producer.
- Additionally, starting with the Board of Directors that will serve on or after May 1, 2027, there must be one producer who actively engages in both livestock production and crop production of agricultural commodities.
This amendment is aimed at ensuring that the Board includes representatives from both specialty crop producers and those who engage in a broader range of agricultural production, including livestock and crop management. This change may enhance the representation of diverse agricultural interests within the crop insurance program.
Purpose of the Bill
The bill's intent is to better reflect the needs and concerns of various agricultural producers in the management of crop insurance, thereby potentially improving the system's responsiveness to different sectors within agriculture.
Implementation Timeline
The specified changes would take effect with the Board serving after May 1, 2027, allowing for a transition period for the implementation of this new requirement.
Relevant Companies
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Sponsors
1 sponsor
Actions
2 actions
Date | Action |
---|---|
Jul. 23, 2025 | Introduced in Senate |
Jul. 23, 2025 | Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. |
Corporate Lobbying
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