Agriculture, Nutrition, and Forestry Committee
- Referred To
Introduced: Apr 10, 2025
Latest action date: Apr 10, 2025
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
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Official CRS policy area
Agriculture and Food
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.
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Checked against Congress.gov Sep 12, 2026.
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate
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