S. 2261: Revenue Loss Assistance and Crop Insurance Enhancement Act of 2012

112th Congress · introduced 2012-03-29 · Agriculture and Food · Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

federal

Follow this bill, step by step

Where it came from: introduced 2012-03-29 · official record
Who proposed it: Sen. Conrad, Kent [D-ND] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Revenue Loss Assistance and Crop Insurance Enhancement Act of 2012

Plain summary

Revenue Loss Assistance and Crop Insurance Enhancement Act of 2012 - Amends the Food, Conservation, and Energy Act of 2008 to direct the Secretary of Agriculture (USDA) to establish a revenue loss assistance program (program) beginning with crop year 2013 in lieu of the supplemental revenue assistance payments (SURE) and the average crop revenue election programs (ACRE). (Extends the SURE program for crop year 2012.) Provides producers with program assistance for losses between 12% and 25 % of their historic revenue. Provides counter-cyclical payments for each covered commodity through crop year 2017 on farms for which payment yields and base acres are established if the effective price for the covered commodity is less than its target price. Sets forth 2013-2017 target prices, payment rates, and payment amounts for covered commodities. Provides a special payment calculation rule for long grain and medium grain rice, and a specified four-year alternative election. Sets forth 2013-2017 commodity marketing assistance loan rates. Extends specified agricultural and livestock assistance programs. Repeals the direct payment and ACRE programs. Limits the total revenue loss assistance payments and countercyclical payments that a person or entity may receive in a crop year. Reduces the catastrophic risk protection coverage premium. Authorizes agricultural producers to purchase supplemental crop insurance coverage based on: (1) an individual yield and loss basis, or an area yield and loss basis; or (2) an individual yield and loss basis, supplemented with coverage based on an area yield and loss basis to cover a part of the deductible under the individual yield and loss policy.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Revenue Loss Assistance and Crop Insurance Enhancement Act of 2012

Source: Congressional Research Service summary (Introduced in Senate)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Conrad, Kent [D-ND] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

John Hoeven (R-ND)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112s2261.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/s>

Record fed-us-cong112-s2261 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112