Livestock Indemnity Program Improvement Act of 2025 (S. 1493)
Referred to CommitteeLatest Action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
4/10/2025 • Senate
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.
Introduced in Senate • 4/10/2025
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the Senate
Introduced
April 10, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (3)
Details
Sources and method
· Congress.gov, CRS, USAspending, FEC, LDA · Record updated Nov 3, 2026
- Congress.govLibrary of CongressStatus, actions, sponsors, cosponsors, committees and textRecord updated Nov 3, 2026 · Loaded Nov 3, 2026, 3:20 PM ET
- CRS bill summaryCongressional Research Service, via Congress.govOfficial summarySummary of the “Introduced in Senate” version, Apr 10, 2025 · Loaded Nov 3, 2026, 3:20 PM ET
- USAspending.govU.S. Department of the TreasuryRelated Federal Spending section
- FEC filingsFederal Election CommissionFunding & Lobbying section
- Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the HouseFunding & Lobbying section
All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →
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