TEMP Act

Key Points

• This bill, introduced in the Senate, directs the government to research and develop new insurance options for farmers whose crops are damaged by frost or freezing temperatures. It specifically targets fruits and vegetables like strawberries, citrus, peaches, and tomatoes that are often ruined by unexpected cold snaps.
• The research will focus on 'index-based' insurance, which is a system that pays farmers automatically if temperatures drop below a certain level for a specific amount of time. This can be faster and simpler than traditional insurance, which usually requires a person to visit the farm and inspect the damage before paying a claim.
• The goal is to protect farmers from losing their entire year's income due to rare but catastrophic weather events. Within one year of the bill passing, the Federal Crop Insurance Corporation must report its findings and recommendations to Congress to determine if this insurance should be made available to farmers nationwide.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.