Proposed
Bill · 119th Congress · S 4215
AFFIRM Act of 2026
Refreshed 6 h ago
Introduced 2026-03-26Topic: agriculture food · budgetSummary
AI-generated summary, report an errorThis bill would change the federal crop insurance program. Each year, the Secretary of Agriculture would publish the names of people and businesses that received subsidized crop, livestock, or forage insurance, along with their premium subsidies and federal loss payments, except for those with catastrophic-only coverage. It would also require public reporting of underwriting gains and federal payments for each private insurance company. The government would stop paying part of premiums for people with average adjusted gross income over $250,000, cap premium payments at $40,000 per person per year, and end premium subsidies for harvest-price policies starting in 2027. The bill would also set insurers' target rate of return at 8.9 percent and cap total administrative and operating expense reimbursements at $900 million for 2027, adjusted for inflation afterward.
Sponsors
- Jeanne Shaheen Democrat sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-26 | Senate | Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. | refer |
| 2026-03-26 | Introduced in Senate | introduce |