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Crop Insurance for Future Farmers Act
4/29/2025, 8:05 AM
Summary of Bill HR 2117
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.
Read the Full Bill
Current Status of Bill HR 2117
Bipartisan Support of Bill HR 2117
Total Number of Sponsors
7Democrat Sponsors
0Republican Sponsors
7Unaffiliated Sponsors
0Total Number of Cosponsors
26Democrat Cosponsors
16Republican Cosponsors
10Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2117
Primary Policy Focus
Alternate Title(s) of Bill HR 2117
Comments

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

Hank Tate
10 months ago
How will this impact me?





