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Crop Insurance for Future Farmers Act

4/29/2025, 8:05 AM

Summary of Bill HR 2117

Bill 119 hr 2117, also known as the Beginning Farmer and Rancher Opportunity Act of 2021, aims to amend the Federal Crop Insurance Act in order to provide increased support for beginning farmers and ranchers, as well as veteran farmers and ranchers. The bill seeks to address the challenges faced by these groups in accessing crop insurance, which is crucial for protecting their livelihoods.

Specifically, the bill includes provisions to improve outreach and education efforts to ensure that beginning and veteran farmers and ranchers are aware of the crop insurance options available to them. It also aims to provide technical assistance to help these groups navigate the complex crop insurance system.

Additionally, the bill includes measures to reduce the financial barriers to obtaining crop insurance for beginning and veteran farmers and ranchers. This includes providing premium discounts and other incentives to make crop insurance more affordable for these groups. Overall, the Beginning Farmer and Rancher Opportunity Act of 2021 seeks to level the playing field for beginning and veteran farmers and ranchers by ensuring they have access to the crop insurance support they need to succeed in the agricultural industry.

Congressional Summary of HR 2117

Crop Insurance for Future Farmers Act

This bill amends the federal crop insurance program (FCIP) to increase the premium assistance rate for beginning and veteran farmers or ranchers. (FCIP offers subsidized crop insurance policies that producers can purchase to cover a wide variety of crops and livestock.)

Specifically, the bill amends the amount of percentage points that are added to the premium assistance rate for beginning farmers or ranchers and veteran farmers or ranchers for an applicable insurance policy or plan (currently 10 percentage points) to provide

  • 15 percentage points in each of the 1st and 2nd reinsurance years,
  • 13 percentage points in the 3rd year,
  • 11 percentage points in the 4th year, and
  • 10 percentage points in each of the 5th through the 10th reinsurance years.

Under the bill, farmers and ranchers, and veteran farmers and ranchers, are eligible to qualify for the program for 10 years, an increase from 5 years under current law. Specifically, to be considered a beginning farmer or rancher, a person must not have actively operated and managed a farm or ranch for more than 10 crop years. To be considered a veteran farmer or rancher, a veteran must have (1) not operated a farm or ranch for more than 10 years, or (2) first obtained veteran status in the past 10 years.

Current Status of Bill HR 2117

Bill HR 2117 is currently in the status of Bill Introduced since March 14, 2025. Bill HR 2117 was introduced during Congress 119 and was introduced to the House on March 14, 2025.  Bill HR 2117's most recent activity was Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit. as of April 4, 2025

Bipartisan Support of Bill HR 2117

Total Number of Sponsors
7
Democrat Sponsors
0
Republican Sponsors
7
Unaffiliated Sponsors
0
Total Number of Cosponsors
26
Democrat Cosponsors
16
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2117

Primary Policy Focus

Alternate Title(s) of Bill HR 2117

To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers and veteran farmers and ranchers, and for other purposes.
To amend the Federal Crop Insurance Act to promote crop insurance support for beginning farmers and ranchers and veteran farmers and ranchers, and for other purposes.

Comments

Hezekiah Kemp profile image

Hezekiah Kemp

704

11 months ago

I think this bill is good for new and old farmers. How will this help us in the short run?

Holland McClure profile image

Holland McClure

617

10 months ago

This bill gonna hurt farmers like me, can't afford crop insurance. It's unfair and wrong.

Hank Tate profile image

Hank Tate

630

10 months ago

How will this impact me?