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Crop Insurance Support for New and Veteran Farmers

This act aims to make crop insurance more accessible for new and veteran farmers. It extends the period they are considered 'beginning farmers' and offers increased premium subsidies. This provides greater financial security for new agricultural ventures, supporting their growth and stability.
Key points
The definition of 'beginning farmer' is extended from 5 to 10 years, allowing more time to benefit from support programs.
Veteran farmers will also be considered 'beginning farmers' for 10 years, ensuring longer-term assistance.
Increased premium subsidies for beginning and veteran farmers, starting at 15% in the first two years and gradually decreasing to 10% in years 5-10.
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Status: Introduced
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Additional Information
Print number: 119_HR_2117
Sponsor: Rep. Feenstra, Randy [R-IA-4]
Process start date: 2025-03-14