H.R. 4322

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4322 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4322 To require the Secretary of Agriculture to provide regular updates to Livestock Indemnity Program payment rates to reflect market prices, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 10, 2025 Mr. Feenstra (for himself and Mr. Gray) introduced the following bill; which was referred to the Committee on Agriculture _______________________________________________________________________ A BILL To require the Secretary of Agriculture to provide regular updates to Livestock Indemnity Program payment rates to reflect market prices, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Livestock Indemnity Program Improvement Act of 2025''. SEC. 2. LIVESTOCK INDEMNITY PAYMENTS. Section 1501(b)(2) of the Agricultural Act of 2014 (7 U.S.C. 9081(b)(2)) is amended-- (1) by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively, and indenting appropriately; (2) in the matter preceding clause (i) (as so designated), by striking ``Indemnity'' and inserting the following: ``(A) In general.--Indemnity''; and (3) by adding at the end the following: ``(B) Determination of market value.--The Secretary shall determine the market value described in subparagraph (A)-- ``(i) in coordination with the Administrator of the Agricultural Marketing Service; ``(ii) using other appropriate resources, as determined by the Secretary; and ``(iii) on a quarterly basis.''. <all>