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Livestock Indemnity Program Improvement Act of 2025

8/5/2025, 11:35 PM

Summary of Bill HR 4322

H.R. 4322, introduced in the 119th Congress on July 10, 2025, aims to compel the Secretary of Agriculture to issue periodic adjustments to Livestock Indemnity Program payment rates to align with market values and includes additional objectives.

Congressional Summary of HR 4322

Livestock Indemnity Program Improvement Act of 2025

This bill requires the Farm Service Agency (FSA) to update the market value for livestock on a quarterly basis for the purposes of determining Livestock Indemnity Program (LIP) payment rates. The FSA must determine the market value in coordination with the Agricultural Marketing Service and use other appropriate resources.

As background, LIP is an FSA 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). In general, the rate of payment is 75% of the market value of the affected livestock.

Current Status of Bill HR 4322

Bill HR 4322 is currently in the status of Bill Introduced since July 10, 2025. Bill HR 4322 was introduced during Congress 119 and was introduced to the House on July 10, 2025.  Bill HR 4322's most recent activity was Referred to the House Committee on Agriculture. as of July 10, 2025

Bipartisan Support of Bill HR 4322

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4322

Primary Policy Focus

Agriculture and Food

Alternate Title(s) of Bill HR 4322

To require the Secretary of Agriculture to provide regular updates to Livestock Indemnity Program payment rates to reflect market prices, and for other purposes.
To require the Secretary of Agriculture to provide regular updates to Livestock Indemnity Program payment rates to reflect market prices, and for other purposes.

Comments

Liv Kent profile image

Liv Kent

607

7 months ago

This bill is gr8! Finally, they r doing something right for once! #abouttime #livestockindemnity