119th Congress · introduced in the Senate · Apr 10, 2025
Livestock Indemnity Program Improvement Act of 2025
Official title from Congress.gov
Latest action (Apr 10, 2025): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
View on Congress.govPolicy area: Agriculture and Food
Congressional Research Service summary, version: Introduced in Senate (Apr 10, 2025)
Livestock Indemnity Program Improvement Act of 2025
This bill requires the Farm Service Agency (FSA) to update the market value for livestock on a quarterly basis for the purposes of determining Livestock Indemnity Program (LIP) payment rates. The FSA must determine the market value in coordination with the Agricultural Marketing Service and use other appropriate resources.
As background, LIP is an FSA program that provides indemnity payments to eligible livestock owners and contract growers for livestock deaths in excess of normal mortality or reduced sales prices due to specified events (e.g., adverse weather, disease, or animal attack). In general, the rate of payment is 75% of the market value of the affected livestock.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate
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