Congress·In Committee·H.R. 7464

Agriculture: Researching New Cold Weather Insurance for Farmers

TEMP Act

Legislative Progress

House

Senate

President

Law

Congress is directing the government to research and develop a new type of insurance to protect farmers from financial losses caused by frost and extreme cold weather.
The study will focus on creating insurance for specific crops that are easily damaged by freezing temperatures, including citrus fruits, strawberries, peaches, blueberries, tomatoes, and peppers.
The goal is to design a policy that pays farmers when they lose their harvest or see a drop in income due to cold weather events that happen rarely but cause major damage.
Government experts must complete this research and submit a report with their recommendations to agricultural committees in Congress within one year.
This policy aims to provide a better safety net for farmers who grow fruits and vegetables, helping them stay in business after natural disasters and potentially keeping food prices more stable for consumers.