Save Our Small Farms Act of 2024

Where This Stands

Introduced

Committee

Floor Vote

Passed

Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

The bill changes how small and specialty farmers access federal safety nets, potentially lowering insurance premiums by 25-50% for those transitioning to whole-farm plans and simplifying paperwork requirements for farms with up to $1 million in revenue.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Small-scale and diverse farmers

They gain access to a streamlined application process and premium discounts for transitioning to whole-farm insurance.

Limited resource, beginning, and veteran farmers

They are eligible for increased payment limits and specific premium discounts.

Insurance agents

They receive increased financial incentives for selling whole farm revenue protection policies.

Approved insurance providers

They are subject to new requirements regarding revenue guarantee adjustments and agent compensation.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

This bill creates new incentives and streamlined processes to help small-scale, diverse, and beginning farmers transition from basic disaster assistance programs to comprehensive whole-farm revenue insurance. It also mandates the development of a new 'single index' insurance policy to provide faster payouts for income losses caused by specific weather events.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

The bill changes how small and specialty farmers access federal safety nets, potentially lowering insurance premiums by 25-50% for those transitioning to whole-farm plans and simplifying paperwork requirements for farms with up to $1 million in revenue.

Frequently Asked Questions

How does this bill help small farmers save on insurance?

It offers premium discounts ranging from 25% to 50% for farmers who voluntarily transition from the noninsured crop disaster assistance program to the plan.

What is a 'single index' insurance policy?

It is a new type of policy being researched that would pay out automatically based on weather data (like extreme heat or flooding) rather than requiring a traditional, time-consuming loss adjustment process.

Can I use my tax forms to prove my farm's revenue?

Yes, the bill mandates that the Secretary accept IRS Tax Form for establishing revenue history.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Shift toward index-based insurance

The bill signals a move toward automated, data-driven insurance payouts (single index) to replace traditional, manual loss adjustment processes.

Federal Crop Insurance Corporation

Connected Entities

personMs. DeLauro“Co-sponsor of the bill”Map →

personMr. Courtney“Co-sponsor of the bill”Map →

personMrs. Hayes“Lead sponsor of the bill”Map →

personMr. Neal“Co-sponsor of the bill”Map →

otherFederal Agriculture Improvement and Reform Act of 1996“The act being amended”Map →

otherFederal Crop Insurance Act“The act under which whole farm revenue insurance is established”Map →

personMr. Larson of Connecticut“Co-sponsor of the bill”Map →

otherNational Crop Table“A table used to determine crop prices”Map →

organizationFarm Service Agency“The agency responsible for administering the noninsured crop disaster assistance”Map →

personMr. Himes“Co-sponsor of the bill”Map →

personMr. McGovern“Co-sponsor of the bill”Map →

personMs. Adams“Co-sponsor of the bill”Map →

personMs. Pingree“Co-sponsor of the bill”Map →

personMs. Jackson Lee“Co-sponsor of the bill”Map →

Analysis Score

0–100

Significance85
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz30
Current news / social attention level