Bill · S. 1117· Senate(119-S-1117)
Quality Loss Adjustment Improvement for Farmers Act
- Introduced
- 3/25/2025
- Last activity
- 3/25/2025 — Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Sponsored by
- John Kennedy
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "Quality Loss Adjustment Improvement for Farmers Act," seeks to amend the Federal Crop Insurance Act. It modifies how quality loss adjustment coverage is handled. The legislation establishes a requirement for the Corporation to conduct a review of its quality loss adjustment procedures every five years starting in 2025. These reviews must include engagement from diverse industry stakeholders for each agricultural commodity offered. Additionally, the bill introduces a provision for establishing State or regional discount factors for soybeans during specific disaster or emergency declarations.
Yes· 3 of 4
Would farmers be better off under this?+5
The bill improves quality loss adjustment procedures and establishes regional discount factors for soybeans.
Does this make what the government does easier for the public to see?+4
The bill mandates periodic reviews and reports to Congress to increase transparency in quality loss adjustment procedures.
Does this improve help for people hit by a disaster?+3
The bill enhances soybean crop protection during disaster declarations.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Periodic Review of Procedures: The bill requires the Corporation to contract with a qualified person to review quality loss adjustment procedures every five years, starting in 2025 (Section 2, paragraph (1)(A)). This ensures the procedures are regularly evaluated.
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Stakeholder Engagement: Each review must include engagement from regionally diverse industry stakeholders for every agricultural commodity that offers a quality loss adjustment (Section 2, paragraph (1)(B)). This allows people in the industry to have a voice in the process.
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Soybean Discount Factors: The Corporation is directed to establish a State or regional discount factor for soybeans when there is a covered disaster or emergency declaration, or a salvage market (Section 2, paragraph (7)(B)). This factor is intended to reflect average quality discounts applied to local or regional market prices for the soybean crop.
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Increased Transparency: The Corporation must submit a report to the Senate and House committees following each review, detailing findings, changes to procedures, and stakeholder engagement (Section s 2, paragraph (1)(D)).
Potential Negative Impacts for People
- No specific negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Farmers+5Good For Rural Residents+2
- Governance And Ideology
- Improves Government Transparency+4
- Environment Energy And Infrastructure
- Improves Disaster Relief And F E M A+3
- 3/25/2025
- Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.