II 

113TH CONGRESS 

1ST SESSION S. 446 

To amend the Federal Crop Insurance Act to reduce Federal crop insurance 

subsidies, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

MARCH 5, 2013 

Mr. FLAKE introduced the following bill; which was read twice and referred 

to the Committee on Agriculture, Nutrition, and Forestry 

A BILL 

To amend the Federal Crop Insurance Act to reduce Federal 

crop insurance subsidies, and for other purposes. 

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

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Crop Insurance Sub5 sidy Reduction Act of 2013’’. 

6 SEC. 2. REDUCTION IN SHARE OF CROP INSURANCE PRE7 MIUM PAID BY FEDERAL CROP INSURANCE 

8 CORPORATION. 

9 Section 508(e)(2) of the Federal Crop Insurance Act 

10 (7 U.S.C. 1508(e)(2)) is amended— 


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1 (1) in subparagraph (B)(i), by striking ‘‘67’’ 

2 and inserting ‘‘55’’; 

3 (2) in subparagraph (E)(i), by striking ‘‘55’’ 

4 and inserting ‘‘24’’; 

5 (3) in subparagraph (F)(i), by striking ‘‘48’’ 

6 and inserting ‘‘17’’; 

7 (4) in subparagraph (G)(i), by striking ‘‘38’’ 

8 and inserting ‘‘13’’; 

9 (5) by redesignating subparagraphs (C) through 

10 (G) as subparagraphs (G) through (K), respectively; 

11 and 

12 (6) by inserting after subparagraph (B) the fol13 lowing: 

14 ‘‘(C) In the case of additional coverage 

15 equal to or greater than 55 percent, but less 

16 than 60 percent, of the recorded or appraised 

17 average yield indemnified at not greater than 

18 100 percent of the expected market price, or a 

19 comparable coverage for a policy or plan of in20 surance that is not based on individual yield, 

21 the amount shall be equal to the sum of— 

22 ‘‘(i) 46 percent of the amount of the 

23 premium established under subsection 

24 (d)(2)(B)(i) for the coverage level selected; 

25 and 


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1 ‘‘(ii) the amount determined under 

2 subsection (d)(2)(B)(ii) for the coverage 

3 level selected to cover operating and ad4 ministrative expenses. 

5 ‘‘(D) In the case of additional coverage 

6 equal to or greater than 60 percent, but less 

7 than 65 percent, of the recorded or appraised 

8 average yield indemnified at not greater than 

9 100 percent of the expected market price, or a 

10 comparable coverage for a policy or plan of in11 surance that is not based on individual yield, 

12 the amount shall be equal to the sum of— 

13 ‘‘(i) 38 percent of the amount of the 

14 premium established under subsection 

15 (d)(2)(B)(i) for the coverage level selected; 

16 and 

17 ‘‘(ii) the amount determined under 

18 subsection (d)(2)(B)(ii) for the coverage 

19 level selected to cover operating and ad20 ministrative expenses. 

21 ‘‘(E) In the case of additional coverage 

22 equal to or greater than 65 percent, but less 

23 than 70 percent, of the recorded or appraised 

24 average yield indemnified at not greater than 

25 100 percent of the expected market price, or a 


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1 comparable coverage for a policy or plan of in2 surance that is not based on individual yield, 

3 the amount shall be equal to the sum of— 

4 ‘‘(i) 42 percent of the amount of the 

5 premium established under subsection 

6 (d)(2)(B)(i) for the coverage level selected; 

7 and 

8 ‘‘(ii) the amount determined under 

9 subsection (d)(2)(B)(ii) for the coverage 

10 level selected to cover operating and ad11 ministrative expenses. 

12 ‘‘(F) In the case of additional coverage 

13 equal to or greater than 70 percent, but less 

14 than 75 percent, of the recorded or appraised 

15 average yield indemnified at not greater than 

16 100 percent of the expected market price, or a 

17 comparable coverage for a policy or plan of in18 surance that is not based on individual yield, 

19 the amount shall be equal to the sum of— 

20 ‘‘(i) 32 percent of the amount of the 

21 premium established under subsection 

22 (d)(2)(B)(i) for the coverage level selected; 

23 and 

24 ‘‘(ii) the amount determined under 

25 subsection (d)(2)(B)(ii) for the coverage 


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1 level selected to cover operating and ad2 ministrative expenses.’’. 

3 SEC. 3. BUDGETARY EFFECTS. 

4 The budgetary effects of this Act, for the purpose of 

5 complying with the Statutory Pay-As-You-Go Act of 2010, 

6 shall be determined by reference to the latest statement 

7 titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 

8 Act, submitted for printing in the Congressional Record 

9 by the Chairman of the Senate Budget Committee, pro10 vided that such statement has been submitted prior to the 

11 vote on passage. 

Æ 


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