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S. 1493In committee

Livestock Indemnity Program Improvement Act of 2025

Introduced: Apr 10, 2025

Latest action date: Apr 10, 2025

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Current stage

In committee

The most advanced recorded stage is committee consideration.

Introduced

Apr 10, 2025

Latest action

Apr 10, 2025

Recorded roll calls

0

Civixly topics

What this legislation is about

Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.

Official CRS policy area

Agriculture and Food

Bill Summary

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.

Committee activity

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Amendments

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No amendments are listed for this measure.

Checked against Congress.gov Sep 12, 2026.

Action timeline

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View full action timeline2 actions
  1. Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    IntroReferralSenate
  2. Introduced in Senate

    IntroReferralLibrary of Congress

Roll-call votes

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Federal legislative data comes from Congress.gov and official House and Senate vote records.

Base metadata check pending · Summary check pending · Action timeline checked Sep 12, 2026 · Complete sponsorship check pending · Topics checked Sep 12, 2026 · Committees checked Sep 12, 2026 · Status checked Sep 12, 2026 · Related bills checked Sep 12, 2026.