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Sec. 10305. Agriculture risk coverage

Official source: Public Law 119-21, Section 10305 — 139 Stat. 90-91.

Section 1117 of the Agricultural Act of 2014 (7 U.S.C. 9017) is amended—

(1) in subsection (a), in the matter preceding paragraph (1), by striking “

” and inserting “

”;

(2) in subsection (c)—

(A) in paragraph (1), by inserting “

for each of the 2014 through 2024 crop years and 90 percent of the benchmark revenue for each of the 2025 through 2031 crop years

” before the period at the end;

(B) by striking “

” each place it appears and inserting “

”; and

(C) in paragraph (4)(B), in the subparagraph heading, by striking “

” and inserting “

”;

(3) in subsection (d)(1), by striking subparagraph (B) and inserting the following:

“(B) (i) for each of the 2014 through 2024 crop years, 10 percent of the benchmark revenue for the crop year applicable under subsection (c); and

“(ii) for each of the 2025 through 2031 crop years, 12 percent of the benchmark revenue for the crop year applicable under subsection (c).”

; and

(4) in subsections (e), (g)(5), and (i)(5), by striking “

” each place it appears and inserting “

”.