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S 1773 115th Congress Senate Agriculture and Food Agricultural insurance Insurance industry and regulation

A bill 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
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 7, 2017
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Sep 7, 2017
Introduced in Senate
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 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.)

What's happening now September 7, 2017

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 Related & companion bills 1
  • HR 3698 Identical bill To amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Shaheen, Jeanne
New Hampshire · Sep 7, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1773: A bill 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-S-1773/
MLA
"S. 1773: A bill 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-S-1773/.
Bluebook (legal)
S. 1773, 115th Cong. (2026), https://openamerica.io/bill/115-S-1773/.
Markdown link
[S. 1773: A bill 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-S-1773/)
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