House Roll Call 967

103rd Congress, 2nd session · House roll no. 377 · 1994-08-05 · Agreed to

H.R. 4217: On Agreeing to the Amendment — H.R.4217 BY DE LA GARZA (D-TX) -- FEDERAL CROP INSURANCE REFORM AND DEPARTMENT OF AGRICULTURE REORGANIZATION ACT OF 1994 FEDERAL CROP INSURANCE REFORM ACT OF 1994 DEPARTMENT OF AGRICULTURE REORGANIZATION ACT OF 1994 (PUB. L. 103-354, APPROVED 10/13/94) (HOUSE AGREED TO THE DE LA GARZA SUBSTITUTE TO THE PENNY AMENDMENT, AS MODIFIED, THAT PROVIDES THAT ALL COSTS OF REIMBURSING PRIVATE INSURERS WHO SELL CROP INSURANCE POLICIES WOULD BE PAID FROM THE INSURANCE FUND; MAKES THE COSTS OF REIMBURSING PRIVATE CROP INSURERS MANDATORY SPENDING FOR THREE YEARS FROM FISCAL YEAR 1995 THROUGH 1997; REDUCES THE REIMBURSEMENT RATE TO 29 PERCENT IN 1997 AND 28 PERCENT IN 1998; MAKES MINOR INDUSTRIAL CROPS INELIGIBLE FOR THE DISASTER PAYMENT PROGRAM FOR NON-INSURED CROPS; AND REQUIRES A GAO STUDY OF THE CONTRACTUAL RELATIONSHIP BETWEEN THE FEDERAL CROP INSURANCE CORPORATION AND PRIVATE INSURERS.)

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