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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
11/8/2023 • Senate
Summary
Temperature Endorsement for Multiperil Policies Act of 2023 or the TEMP Act of 2023
This bill directs the federal crop insurance program to provide for research and development regarding a temperature-based index policy to insure crops on a nationally available basis against losses due to a frost or cold weather event.
The research and development must (1) evaluate the effectiveness of risk management tools with respect to low frequency and catastrophic loss weather events, and (2) result in a policy that provides protection for production loss or revenue loss.
(The term policy means an insurance policy, plan of insurance, provision of a policy or plan of insurance, and related materials.)
Introduced in Senate • 11/8/2023
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Bill Journey
Originated in the Senate
Introduced
November 8, 2023
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law