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H.R. 3698 115th Congress House

To amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the requirement of budget neutrality in the Standard Reinsurance Agreement.

Introduced: September 7, 2017 See on congress.gov
Agriculture and Food Agricultural insuranceInsurance industry and regulation
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2017
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Sep 7, 2017
Introduced in House
Sep 7, 2017
Referred to the House Committee on Agriculture.
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 Latest action September 15, 2017

Referred to the Subcommittee on General Farm Commodities and Risk Management.

 Plain-English summary Congressional Research Service

This bill amends the Federal Crop Insurance Act to modify the requirements for the federal crop insurance program. The bill: (1) limits the average rate of return for reinsured companies for the 2018 reinsurance year and each subsequent reinsurance year to 9.6% of retained premiums, and (2) eliminates the requirement that any renegotiated Standard Insurance Agreement (SRA) be budget-neutral.

(The SRA is an agreement between the Department of Agriculture [USDA] and the private companies that administer the federal crop insurance program that specifies details such as administrative and operating expense reimbursements and risk sharing. Eliminating the budget neutrality requirement permits USDA to use the renegotiation of the SRA to achieve savings.)

 Related & companion bills 2
  • S 1773 Identical bill A bill to amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and rem…
  • HR 6204 Families First Act of 2018
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3698: To amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the requirement of budget neutrality in the Standard Reinsurance Agreement.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3698/
MLA
"H.R. 3698: To amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the requirement of budget neutrality in the Standard Reinsurance Agreement.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3698/.
Bluebook (legal)
H.R. 3698, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3698/.
Markdown link
[H.R. 3698: To amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the requirement of budget neutrality in the Standard Reinsurance Agreement.](https://openamerica.io/bill/115-HR-3698/)
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