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118-hr-8229Committee
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LIP Enhancement Act of 2024

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Summary

Official CRS summary

Livestock Indemnity Program Enhancement Act of 2024 or the LIP Enhancement Act of 2024 This bill expands coverage under the Livestock Indemnity Program (LIP) to include unborn livestock as LIP-eligible livestock losses. The bill applies to unborn livestock death losses (i.e., losses of any livestock that was gestating on the date of the death of the livestock) incurred on or after January 1, 2024. LIP is a Farm Service Agency 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).

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Bill details

Congress
118
Bill type
hr
Introduced
May 2, 2024
Sponsor
Not yet available
Last action
September 3, 2024— Referred to the Subcommittee on General Farm Commodities, Risk Management, and Credit.

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