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S. 2512: A bill to amend the Agricultural Act of 2014 to require producers to elect to receive price loss coverage or agriculture risk coverage under that Act or Federal crop insurance under the Federal Crop Insurance Act.

The text of the bill below is as of Mar 7, 2018 (Introduced).


II

115th CONGRESS

2d Session

S. 2512

IN THE SENATE OF THE UNITED STATES

March 7, 2018

introduced the following bill; which was read twice and referred to the Committee on Agriculture, Nutrition, and Forestry

A BILL

To amend the Agricultural Act of 2014 to require producers to elect to receive price loss coverage or agriculture risk coverage under that Act or Federal crop insurance under the Federal Crop Insurance Act.

1.

Producer election to receive price loss coverage or agriculture risk coverage or Federal crop insurance

Section 1115 of the Agricultural Act of 2014 (7 U.S.C. 9015) is amended—

(1)

by redesignating subsection (f) as subsection (g); and

(2)

by inserting after subsection (e) the following:

(f)

Election To receive price loss coverage or agriculture risk coverage or Federal crop insurance

For the 2018 crop year, all of the producers on a farm shall elect to receive—

(1)

price loss coverage or agriculture risk coverage, as determined by the election of the producers on the farm under this section for the 2014 through 2018 crop years; or

(2)

Federal crop insurance under the Federal Crop Insurance Act (7 U.S.C. 1501 et seq.).

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