PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Congressional Research Service
Version 00 · Introduced in Senate · Sep 7, 2017
This bill amends the Federal Crop Insurance Act to modify the requirements for the federal crop insurance program. The bill: (1) limits the average rate of return for reinsured companies for the 2018 reinsurance year and each subsequent reinsurance year to 9.6% of retained premiums, and (2) eliminates the requirement that any renegotiated Standard Insurance Agreement (SRA) be budget-neutral.
(The SRA is an agreement between the Department of Agriculture [USDA] and the private companies that administer the federal crop insurance program that specifies details such as administrative and operating expense reimbursements and risk sharing. Eliminating the budget neutrality requirement permits USDA to use the renegotiation of the SRA to achieve savings.)
People & committees
Sen. Flake, Jeff [R-AZ] · R–AZ
Legislative record
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate
Primary sources
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Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.
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