Livestock farmers would get more accurate payments for lost animals.
This bill would make sure livestock farmers get fairer payments when their animals are lost due to disasters. It would require the government to update payment rates every three months, using current market prices and expert input. This means farmers would get compensation that better matches today's costs.
Currently, Livestock Indemnity Program payments for lost animals don't explicitly require regular updates based on market prices. They also don't require coordination with the Agricultural Marketing Service. This bill would require the Secretary of Agriculture to update these market values every three months. The Secretary would work with the Agricultural Marketing Service and other resources to ensure payments better reflect current market prices.
HR 4322 · 119th Congress · July 10, 2025 · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.