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Noninsured Crop Disaster Assistance Program Enhancement Act of 2023
3/13/2024, 12:58 PM
Summary of Bill S 2035
Bill 118 s 2035, also known as the Noninsured Crop Disaster Assistance Program Enhancement Act of 2023, aims to improve the Noninsured Crop Disaster Assistance Program (NAP) to better assist farmers who experience crop losses due to natural disasters. The NAP provides financial assistance to producers of non-insurable crops when low yields, loss of inventory, or prevented planting occur due to natural disasters.
The key provisions of this bill include increasing the coverage level for NAP from 65% to 70% of the expected market price for crop losses, as well as increasing the payment limitation for NAP from $125,000 to $250,000 per person or legal entity. Additionally, the bill seeks to expand eligibility for NAP to include more types of crops and to streamline the application process for farmers.
The goal of this legislation is to provide more comprehensive and effective assistance to farmers who are impacted by natural disasters, helping them recover from crop losses and maintain financial stability. The bill has received bipartisan support in Congress and is seen as a crucial step in improving the NAP program for the benefit of American farmers.
The key provisions of this bill include increasing the coverage level for NAP from 65% to 70% of the expected market price for crop losses, as well as increasing the payment limitation for NAP from $125,000 to $250,000 per person or legal entity. Additionally, the bill seeks to expand eligibility for NAP to include more types of crops and to streamline the application process for farmers.
The goal of this legislation is to provide more comprehensive and effective assistance to farmers who are impacted by natural disasters, helping them recover from crop losses and maintain financial stability. The bill has received bipartisan support in Congress and is seen as a crucial step in improving the NAP program for the benefit of American farmers.
Read the Full Bill
Current Status of Bill S 2035
Bill S 2035 is currently in the status of Bill Introduced since June 15, 2023. Bill S 2035 was introduced during Congress 118 and was introduced to the Senate on June 15, 2023. Bill S 2035's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of June 15, 2023
Bipartisan Support of Bill S 2035
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
10Democrat Cosponsors
4Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2035
Primary Policy Focus
Agriculture and FoodAlternate Title(s) of Bill S 2035
Noninsured Crop Disaster Assistance Program Enhancement Act of 2023
Noninsured Crop Disaster Assistance Program Enhancement Act of 2023
A bill to amend the Federal Agriculture Improvement and Reform Act of 1996 to make additional coverage under the Noninsured Crop Disaster Assistance Program available for crops and grasses used for grazing, and for other purposes.
Comments
Sponsors and Cosponsors of S 2035
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