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A bill to amend the Agricultural Act of 2014 to establish additional payments for unborn livestock under the livestock indemnity payment program.
5/3/2024, 10:56 AM
Summary of Bill S 4252
Bill 118 s 4252, also known as the Livestock Indemnity Payment Program Enhancement Act, is a proposed amendment to the Agricultural Act of 2014. The main purpose of this bill is to provide additional financial support for unborn livestock under the existing Livestock Indemnity Payment Program.
The Livestock Indemnity Payment Program is a federal program that provides financial assistance to farmers and ranchers who have experienced livestock losses due to natural disasters or other qualifying events. This program currently provides payments to producers for the death of adult livestock, but does not currently cover unborn livestock.
If passed, Bill 118 s 4252 would expand the program to include payments for unborn livestock that are lost due to the same qualifying events that are covered for adult livestock. This would provide additional financial support to producers who experience losses of unborn livestock, such as calves or lambs, due to natural disasters like wildfires, floods, or severe weather. Overall, the Livestock Indemnity Payment Program Enhancement Act aims to provide more comprehensive support to farmers and ranchers who experience losses of livestock, including unborn animals. This bill is currently under consideration in the US Congress and has the potential to impact the agricultural industry by providing additional financial assistance to producers in times of need.
The Livestock Indemnity Payment Program is a federal program that provides financial assistance to farmers and ranchers who have experienced livestock losses due to natural disasters or other qualifying events. This program currently provides payments to producers for the death of adult livestock, but does not currently cover unborn livestock.
If passed, Bill 118 s 4252 would expand the program to include payments for unborn livestock that are lost due to the same qualifying events that are covered for adult livestock. This would provide additional financial support to producers who experience losses of unborn livestock, such as calves or lambs, due to natural disasters like wildfires, floods, or severe weather. Overall, the Livestock Indemnity Payment Program Enhancement Act aims to provide more comprehensive support to farmers and ranchers who experience losses of livestock, including unborn animals. This bill is currently under consideration in the US Congress and has the potential to impact the agricultural industry by providing additional financial assistance to producers in times of need.
Congressional Summary of S 4252
Livestock Indemnity Program Enhancement Act of 2024 or the LIP Enhancement Act of 2024
This bill expands coverage under the Livestock Indemnity Program (LIP) to include unborn livestock as LIP-eligible livestock losses.
The bill applies to unborn livestock death losses (i.e., losses of any livestock that was gestating on the date of the death of the livestock) incurred on or after January 1, 2024.
LIP is a Farm Service Agency program that provides indemnity payments to eligible livestock owners and contract growers for livestock deaths in excess of normal mortality or reduced sales prices due to specified events (e.g., adverse weather, disease, or animal attack).
Current Status of Bill S 4252
Bill S 4252 is currently in the status of Bill Introduced since May 2, 2024. Bill S 4252 was introduced during Congress 118 and was introduced to the Senate on May 2, 2024. Bill S 4252's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of May 2, 2024
Bipartisan Support of Bill S 4252
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 4252
Primary Policy Focus
Alternate Title(s) of Bill S 4252
A bill to amend the Agricultural Act of 2014 to establish additional payments for unborn livestock under the livestock indemnity payment program.
A bill to amend the Agricultural Act of 2014 to establish additional payments for unborn livestock under the livestock indemnity payment program.
Comments
Sponsors and Cosponsors of S 4252
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