Bill > HR8436

This bill, the Quality Loss Adjustment Improvement for Farmers Act, amends the Federal Crop Insurance Act to modify provisions related to quality loss adjustment coverage. The key provisions are: (1) requiring the U.S. Department of Agriculture's Risk Management Agency (the Corporation) to conduct a review of quality loss adjustment procedures every 5 years, with stakeholder engagement, and report the findings to Congress; (2) directing the Corporation to establish state or regional discount factors for soybean crops in the event of a disaster declaration or a salvage market, and to include these factors in the periodic review and congressional report.