HR 5605 · 99th Congress · Agriculture and Food

Federal Crop Insurance Act of 1986

Introduced 1986-09-26· Sponsored by Rep. Chappie, Eugene A. [R-CA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Conservation Credit and Rural Development.(1986-10-03)

Plain Language Summary

[AI summary unavailable — showing source text] Federal Crop Insurance Act of 1986 - Amends the Federal Crop Insurance Act to terminate the Federal Crop Insurance Corporation's direct insurance sales authority (while retaining its corporate structure) as of September 30, 1991. Sets forth a premium subsidy reduction schedule. Repeals Corporation authority to borrow Commodity Credit Corporation funds to meet indemnification needs. Requires the Board of Directors of the Corporation to encourage the sale of insurance through private insurance brokers.…

Summarized by Claude AI · Non-partisan · For informational purposes only