Livestock Indemnity Program Improvement Act of 2025 requires the Secretary of Agriculture to update payment rates quarterly.
The Livestock Indemnity Program Improvement Act of 2025 amends the Agricultural Act of 2014 to mandate the Secretary of Agriculture to regularly update payment rates for the Livestock Indemnity Program. This update must reflect market prices and occur on a quarterly basis. The Secretary will determine market value in coordination with the Agricultural Marketing Service and using other appropriate resources.
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