Livestock Indemnity Program Improvement Act of 2025
Latest action · Apr 10, 2025 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 10, 2025
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Livestock Indemnity Program Improvement Act of 2025
This bill requires the Farm Service Agency (FSA) to update the market value for livestock on a quarterly basis for the purposes of determining Livestock Indemnity Program (LIP) payment rates. The FSA must determine the market value in coordination with the Agricultural Marketing Service and use other appropriate resources.
As background, LIP is an FSA program that provides indemnity payments to eligible livestock owners and contract growers for livestock deaths in excess of normal mortality or reduced sales prices due to specified events (e.g., adverse weather, disease, or animal attack). In general, the rate of payment is 75% of the market value of the affected livestock.
Cosponsors 1
Members who signed on, in the order they did. All signed on Apr 10, 2025.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CO | Michael F. Bennet | Original | Apr 10, 2025 |
Actions 2
Everything that happened, newest first.
- Apr 10, 2025Introduced in Senate
- Apr 10, 2025Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 4019 | Livestock Indemnity Program Improvement Act of 2024 | Cross-Congress related bill | Mar 21, 2024 |
| HR 4322 | Livestock Indemnity Program Improvement Act of 2025 | Identical bill | Jul 10, 2025 |
| HR 8431 | Livestock Indemnity Program Improvement Act of 2024 | Cross-Congress related bill | Sep 3, 2024 |
Subjects
Assigned by the Library of Congress. Policy area: Agriculture and Food.
Text 1
Each version as it was printed, newest first.
- Apr 10, 2025Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.