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New Crop Insurance Subsidies for Farmers Using Cover Crops and Soil Health Practices.

This law establishes a program providing additional premium subsidies to farmers who plant cover crops for conservation purposes, aiming to reduce their crop insurance costs. Producers will receive $5 per acre for adopting these environmentally beneficial practices. The act also mandates a pilot program to test further subsidies for innovative soil health techniques.
Key points
Farmers receive an additional $5 per acre subsidy on crop insurance premiums for planting qualifying cover crops.
The goal is to encourage conservation practices that protect soil and increase crop resilience against weather conditions.
A new pilot program will offer further premium subsidies for innovative soil health practices like conservation crop rotations.
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Additional Information
COVER Act of 2023
Print number: S 1690
Sponsor: Sen. Brown, Sherrod [D-OH]
Process start date: 2023-05-18