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Search Results: keywords:"quality loss adjustment"

  • S. 4353 aims to amend the Federal Crop Insurance Act by changing how quality loss adjustments are handled for crops. Under the proposed changes, there will be a periodic review of these procedures every five years starting in 2024, involving industry stakeholders. The bill also requires...

    Simple Explanation

    This bill wants to change the rules for how farmers are paid if their crops lose quality because of bad weather. It says that every five years, people will check to make sure the rules are fair, and they can also change how much soybeans cost if there's a big disaster.

  • H. R. 442 aims to amend the Federal Crop Insurance Act to improve how quality loss adjustments are managed for farmers. The bill would require the Corporation to review its quality loss adjustment procedures every five years, engage with diverse stakeholders during these...

    Simple Explanation

    H. R. 442 is a bill that tries to make sure farmers get fair treatment when their crops, like soybeans, are damaged and lose quality because of emergencies, by checking rules often and talking to different people to help decide how to do it better.

  • H.R. 8436, titled the “Quality Loss Adjustment Improvement for Farmers Act,” seeks to amend the Federal Crop Insurance Act to improve how quality loss adjustments are managed for crops. The bill mandates a periodic review of the quality loss adjustment procedures every five...

    Simple Explanation

    H.R. 8436 wants to make sure that when bad weather affects crops, the insurance reviews are fairer and happen every five years. It also tries to make special rules for soybean farmers so they get help that matches their local market conditions.

  • S. 1117, known as the “Quality Loss Adjustment Improvement for Farmers Act,” aims to amend the Federal Crop Insurance Act to enhance procedures for adjusting quality loss in crops. The bill requires the Corporation responsible for crop insurance to conduct reviews of its...

    Simple Explanation

    The Quality Loss Adjustment Improvement for Farmers Act is a bill that wants to make sure farmers are treated fairly if their crops aren't as good because of bad weather. It asks crop insurance people to check regularly how they decide what's fair and to listen to various experts to make improvements.