I 

118TH CONGRESS 

2D SESSION H. R. 8055 

To amend the Federal Crop Insurance Act to establish a minimum rate 

of reimbursement for administrative and operating expenses with respect 

to crop insurance contracts covering specialty crops and to restore the 

annual inflation adjustment with respect to the general reimbursement 

rate for administrative and operating expenses. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 17, 2024 

Mr. AUSTIN SCOTT of Georgia (for himself, Mr. MANN, and Mr. PANETTA) 

introduced the following bill; which was referred to the Committee on Agriculture 

A BILL 

To amend the Federal Crop Insurance Act to establish a 

minimum rate of reimbursement for administrative and 

operating expenses with respect to crop insurance contracts covering specialty crops and to restore the annual 

inflation adjustment with respect to the general reimbursement rate for administrative and operating expenses. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


ssavage on LAPJG3WLY3PROD with BILLS
2 

•HR 8055 IH

1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Ensuring Access to 

3 Risk Management Act of 2024’’. 

4 SEC. 2. REIMBURSEMENT FOR ADMINISTRATIVE AND OP5 ERATING EXPENSES WITH RESPECT TO SPE6 CIALTY CROPS CONTRACTS. 

7 Section 508(k) of the Federal Crop Insurance Act (7 

8 U.S.C. 1508(k)) is amended by adding at the end of the 

9 following: 

10 ‘‘(10) SPECIALTY CROPS.— 

11 ‘‘(A) MINIMUM REIMBURSEMENT.—Begin12 ning with the 2022 reinsurance year and for 

13 each reinsurance year thereafter, the rate of re14 imbursement to approved insurance providers 

15 and agents for administrative and operating ex16 penses with respect to crop insurance contracts 

17 covering agricultural commodities described in 

18 section 101 of title I of the Specialty Crops 

19 Competitiveness Act of 2004 (7 U.S.C. 1621 

20 note) shall be equal to or greater than the per21 cent that is the greater of the following: 

22 ‘‘(i) 17 percent of the premium used 

23 to define loss ratio. 

24 ‘‘(ii) The percent of the premium used 

25 to define loss ratio that is otherwise appli26 cable for the reinsurance year under the 


ssavage on LAPJG3WLY3PROD with BILLS
3 

•HR 8055 IH

1 terms of the Standard Reinsurance Agree2 ment in effect for the reinsurance year. 

3 ‘‘(B) OTHER CONTRACTS.—In carrying out 

4 subparagraph (A), the Corporation shall not re5 duce, with respect to any reinsurance year, the 

6 amount or the rate of reimbursement to ap7 proved insurance providers and agents under 

8 the Standard Reinsurance Agreement described 

9 in clause (ii) of such subparagraph for adminis10 trative and operating expenses with respect to 

11 contracts covering agricultural commodities 

12 that are not subject to such subparagraph as 

13 compared to what the amount or the rate of 

14 such reimbursement would be had this para15 graph not been enacted. 

16 ‘‘(C) ADMINISTRATION.—The requirements 

17 of this paragraph and the adjustments made 

18 pursuant to this paragraph shall not be consid19 ered a renegotiation under paragraph (8)(A). 

20 ‘‘(11) ADJUSTMENT.— 

21 ‘‘(A) IN GENERAL.—Beginning with the 

22 2024 reinsurance year and for each reinsurance 

23 year thereafter, the Corporation shall increase 

24 the total administrative and operating expense 

25 reimbursements otherwise required under the 


ssavage on LAPJG3WLY3PROD with BILLS
4 

•HR 8055 IH

1 Standard Reinsurance Agreement described in 

2 paragraph (10)(A)(ii) in order to account for 

3 inflation in a manner that is consistent with the 

4 increases provided with respect to the 2011 

5 through 2015 reinsurance years under the en6 closure, included in the Risk Management 

7 Agency’s Bulletin, MGR–10–007, dated June 

8 30, 2010. 

9 ‘‘(B) ADMINISTRATION.—The increase de10 scribed in subparagraph (A) shall— 

11 ‘‘(i) apply with respect to all contracts 

12 covering agricultural commodities that 

13 were subject to an increase during the pe14 riod of the 2011 through 2015 reinsurance 

15 years under the enclosure described in 

16 such subparagraph; 

17 ‘‘(ii) not be considered a renegotiation 

18 under paragraph (8); and 

19 ‘‘(iii) from one reinsurance year to an 

20 immediately following reinsurance year, 

21 not exceed the applicable annual percent22 age increase in the Consumer Price Index 

23 for All Urban Consumers.’’. 

Æ 


ssavage on LAPJG3WLY3PROD with BILLS