H. R. 8055 aims to amend the Federal Crop Insurance Act to ensure better reimbursement rates for administrative and operating expenses for crop insurance contracts involving specialty crops. It sets a minimum reimbursement rate at 17% or higher based on premium calculations...
Simple Explanation
H. R. 8055 wants to make sure farmers growing special fruits and veggies get fair help with their insurance costs and promises that all farmers' insurance costs will keep up with money changes over time.