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Dossier Legislative introduced 03-sep-2024
Bill introduced in Congress — not yet passed by either chamber, and not law.

Livestock Indemnity Program Improvement Act of 2024

Key claim: Proposes amendments to the Agricultural Act of 2014 to update and improve USDA Livestock Indemnity Program relief for ranchers and livestock producers suffering disaster losses.

Abstract

(HR8431 · 118th Congress) Latest action (2024-09-03): Referred to the Subcommittee on Livestock, Dairy, and Poultry.

Why this matters

Changes to Livestock Indemnity Program payment calculations could affect how much disaster relief eligible ranchers and livestock producers receive, with implications for their recovery costs. This finding describes an introduced bill, not an enacted change, and provides no basis for estimating effects on consumers or food prices.

Source

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Briefing card

Livestock Indemnity Program Improvement Act of 2024
Stage: introduced · congress · 03-sep-2024

If you raise livestock and suffer disaster losses, this introduced bill proposes changes to how USDA calculates Livestock Indemnity Program relief, but does not itself change your payments.

Proposes amendments to the Agricultural Act of 2014 to update and improve USDA Livestock Indemnity Program relief for ranchers and livestock producers suffering disaster losses.

Cross-references (0)

None recorded — doctrine links and citations appear here as scans and citation sweeps find them.

External: congress:118-hr-8431:introduced

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