Livestock Indemnity Program Improvement Act of 2025
Sponsor: Sen. Rounds, Mike (R-SD)1 cosponsorIntroduced Apr 10, 2025
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In plain English
The bill requires the Farm Service Agency to update market values for livestock used in the Livestock Indemnity Program on a quarterly basis instead of less frequently, coordinating with the Agricultural Marketing Service and using other appropriate resources to determine those values. The Livestock Indemnity Program provides payments to livestock owners and contract growers when animals die beyond normal mortality rates or when sales prices drop due to specified events like adverse weather, disease, or animal attack, with payments set at 75 percent of market value. Sponsored by Sen. Mike Rounds (R-SD) with one Democratic cosponsor.
Note: the official CRS summary for this bill was written on 2025-04-10, but the bill text was revised on 2025-04-10T04:00:00Z. Provisions may have been added since the summary was written — the section list above reflects the current text.
Where it is in the process
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Introduced
Apr 10
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Senate committee
Apr 10
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.
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