S 1493 119th Congress Senate Agriculture and Food

Livestock Indemnity Program Improvement Act of 2025

Introduced: April 10, 2025 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 10, 2025

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

Apr 10, 2025

Introduced in Senate

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Plain-English summary Congressional Research Service

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.

What's happening now April 10, 2025

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

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Agriculture, Nutrition, and Forestry Committee
Senate

Cosponsors 1

Bennet, Michael F.

Colorado · Apr 10, 2025

Cite this page click to expand

APA

U.S. Congress. (2026). S. 1493: Livestock Indemnity Program Improvement Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-1493/

MLA

"S. 1493: Livestock Indemnity Program Improvement Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-1493/.

Bluebook (legal)

S. 1493, 119th Cong. (2026), https://openamerica.io/bill/119-S-1493/.

Markdown link

[S. 1493: Livestock Indemnity Program Improvement Act of 2025](https://openamerica.io/bill/119-S-1493/)