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Text of the Containing Risk, Offering Protection Act

This bill was introduced on June 26, 2012, in a previous session of Congress, but was not enacted. The text of the bill below is as of Jun 26, 2012 (Introduced).

Source: GPO

I

112th CONGRESS

2d Session

H. R. 6022

IN THE HOUSE OF REPRESENTATIVES

June 26, 2012

(for himself, Mr. Cardoza, and Mr. Costa) introduced the following bill; which was referred to the Committee on Agriculture

A BILL

To amend the Federal Crop Insurance Act to expand coverage under plans of insurance available under such Act to include losses to an insured commodity when, as a result of a federally-imposed quarantine, the commodity must be destroyed, and for other purposes.

1.

Short title

This Act may be cited as the Containing Risk, Offering Protection Act.

2.

Coverage of quarantine losses to insured commodities under the Federal Crop Insurance Act

(a)

Expansion To include quarantine losses

Section 508(a)(1) of the Federal Crop Insurance Act (7 U.S.C. 1508(a)(1)) is amended in the second sentence—

(1)

by striking be due to drought and inserting

be due—

(A)

to drought

;

(2)

by striking Secretary). and inserting Secretary); or; and

(3)

by adding at the end the following new subparagraph:

(B)

to a quarantine imposed under Federal law, pursuant to the terms of which the commodity is destroyed or otherwise unable to be marketed or otherwise utilized for its intended purpose (as determined by the Secretary).

.

(b)

Application of amendment

Subparagraph (B) of section 508(a)(1) of the Federal Crop Insurance Act (7 U.S.C. 1508(a)(1)), as added by subsection (a)(3), shall apply beginning with the 2014 reinsurance year.