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H.R. 5462

Referred to Committee

Dairy Risk Management Act of 2018

Introduced 4/10/2018•115th Congress•House
Congress.gov

Latest Action

Referred to the Subcommittee on General Farm Commodities and Risk Management.

4/30/2018 • House

Summary

Dairy Risk Management Act of 2018

This bill reauthorizes and modifies the Department of Agriculture (USDA) Margin Protection Program for dairy producers, which is a voluntary program that pays participating dairy operations when a formula-based national margin (the difference between milk prices and feed costs) falls below a producer-selected insured margin.

The bill changes the name of the program to the Dairy Risk Management Program and modifies coverage levels and premiums.

With respect to other USDA dairy programs, the bill:

  • reauthorizes the Dairy Forward Pricing Program,
  • reauthorizes the Dairy Indemnity Program,
  • reauthorizes the Dairy Promotion and Research Program, and
  • repeals the Dairy Product Donation Program.

Introduced in House • 4/10/2018

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Topics & Subjects

Policy Area: Agriculture and Food
Agricultural insuranceAgricultural marketing and promotionAgricultural practices and innovationsAgricultural prices, subsidies, creditAgricultural researchCommodities marketsDepartment of AgricultureExecutive agency funding and structureFood assistance and reliefFood supply, safety, and labelingGovernment information and archivesInflation and pricesInsurance industry and regulationLicensing and registrationsLife, casualty, property insuranceLivestockResearch administration and fundingUser charges and fees

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

R[
Rep. Peterson, Collin C. [D-MN-7]

Democrat • MN-7

Sponsored 4/10/2018

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

April 10, 2018

Referred to the House Committee on Agriculture.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House4/10/2018
Formatted TextPDFFormatted XML

Related Bills (1)

H.R. 2

Agriculture Improvement Act of 2018

RelatedView bill →

Committee

Agriculture Committee

House

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Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors0
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