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S 3253 118th Congress Senate Agriculture and Food Agricultural insurance Agricultural research Atmospheric science and weather Congressional oversight

TEMP Act of 2023

Introduced: November 8, 2023 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 8, 2023
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Nov 8, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Temperature Endorsement for Multiperil Policies Act of 2023 or the TEMP Act of 2023 

This bill directs the federal crop insurance program to provide for research and development regarding a temperature-based index policy to insure crops on a nationally available basis against losses due to a frost or cold weather event.

The research and development must (1) evaluate the effectiveness of risk management tools with respect to low frequency and catastrophic loss weather events, and (2) result in a policy that provides protection for production loss or revenue loss. 

(The term policy means an insurance policy, plan of insurance, provision of a policy or plan of insurance, and related materials.)

What's happening now November 8, 2023

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

 Committees of jurisdiction 1