Q: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Crop Insurance Subsidy Reduction Act
of 2013''.

SEC. 2. REDUCTION IN SHARE OF CROP INSURANCE PREMIUM PAID BY FEDERAL
CROP INSURANCE CORPORATION.

Section 508(e)(2) of the Federal Crop Insurance Act (7 U.S.C.
1508(e)(2)) is amended--
(1) in subparagraph (B)(i), by striking ''67'' and
inserting ''55'';
(2) in subparagraph (E)(i), by striking ''55'' and
inserting ''24'';
(3) in subparagraph (F)(i), by striking ''48'' and
inserting ''17'';
(4) in subparagraph (G)(i), by striking ''38'' and
inserting ''13'';
(5) by redesignating subparagraphs (C) through (G) as
subparagraphs (G) through (K), respectively; and
(6) by inserting after subparagraph (B) the following:
''(C) In the case of additional coverage equal to
or greater than 55 percent, but less than 60 percent,
of the recorded or appraised average yield indemnified
at not greater than 100 percent of the expected market
price, or a comparable coverage for a policy or plan of
insurance that is not based on individual yield, the
amount shall be equal to the sum of--
''(i) 46 percent of the amount of the
premium established under subsection
(d)(2)(B)(i) for the coverage level selected;
and
''(ii) the amount determined under
subsection (d)(2)(B)(ii) for the coverage level
selected to cover operating and administrative
expenses.
''(D) In the case of additional coverage equal to
or greater than 60 percent, but less than 65 percent,
of the recorded or appraised average yield indemnified
at not greater than 100 percent of the expected market
price, or a comparable coverage for a policy or plan of
insurance that is not based on individual yield, the
amount shall be equal to the sum of--
''(i) 38 percent of the amount of the
premium established under subsection
(d)(2)(B)(i) for the coverage level selected;
and
''(ii) the amount determined under
subsection (d)(2)(B)(ii) for the coverage level
selected to cover operating and administrative
expenses.
''(E) In the case of additional coverage equal to
or greater than 65 percent, but less than 70 percent,
of the recorded or appraised average yield indemnified
at not greater than 100 percent of the expected market
price, or a comparable coverage for a policy or plan of
insurance that is not based on individual yield, the
amount shall be equal to the sum of--
''(i) 42 percent of the amount of the
premium established under subsection
(d)(2)(B)(i) for the coverage level selected;
and
''(ii) the amount determined under
subsection (d)(2)(B)(ii) for the coverage level
selected to cover operating and administrative
expenses.
''(F) In the case of additional coverage equal to
or greater than 70 percent, but less than 75 percent,
of the recorded or appraised average yield indemnified
at not greater than 100 percent of the expected market
price, or a comparable coverage for a policy or plan of
insurance that is not based on individual yield, the
amount shall be equal to the sum of--
''(i) 32 percent of the amount of the
premium established under subsection
(d)(2)(B)(i) for the coverage level selected;
and
''(ii) the amount determined under
subsection (d)(2)(B)(ii) for the coverage level
selected to cover operating and administrative
expenses.''.

SEC. 3. BUDGETARY EFFECTS.

The budgetary effects of this Act, for the purpose of complying
with the Statutory Pay-As-You-Go Act of 2010, shall be determined by
reference to the latest statement titled ''Budgetary Effects of PAYGO
Legislation'' for this Act, submitted for printing in the Congressional
Record by the Chairman of the Senate Budget Committee, provided that
such statement has been submitted prior to the vote on passage.
A:
Crop Insurance Subsidy Reduction Act of 2013 - Amends the Federal Crop Insurance Act to reduce crop insurance premium subsidy rates.