S. 1117In Committee
Quality Loss Adjustment Improvement for Farmers Act
Directs the Federal Crop Insurance Corporation to regularly revise crop insurance quality loss adjustment procedures and set regional soybean discount factors when disasters or salvage markets affect prices
Plain-English overview
What this bill does
Directs the Federal Crop Insurance Corporation to regularly revise crop insurance quality loss adjustment procedures and set regional soybean discount factors when disasters or salvage markets affect prices
Key points
- Establish soybean discount factors
- Require quality loss reviews
- Direct FCIC procedure revisions
Current status
Where it stands
Status
In Committee
Latest action
2025-03-25 — Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Related context
Topics and policy areas
undefinedAgriculture and Food