Sec. 10502. Area-based crop insurance coverage and affordability
Official source: Public Law 119-21, Section 10502 — 139 Stat. 104.
(a) Coverage Level.—
Section 508(c)(4) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(4)) is amended—
(1) in subparagraph (A), by striking clause (ii) and inserting the following:
“(ii) may be purchased at any level not to exceed—
“(I) in the case of the individual yield or revenue coverage, 85 percent;
“(II) in the case of individual yield or revenue coverage aggregated across multiple commodities, 90 percent; and
“(III) in the case of area yield or revenue coverage (as determined by the Corporation), 95 percent.”
; and
(2) in subparagraph (C)—
(A) in clause (ii), by striking “
” and inserting “
”; and
(B) in clause (iii)(I), by striking “
” and inserting “
”.
(b) Premium Subsidy.—
Section 508(e)(2)(H)(i) of the Federal Crop Insurance Act (7 U.S.C. 1508(e)(2)(H)(i)) is amended by striking “
” and inserting “
”.