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ALBANY, Ga. (WALB) - Georgia Senator Jon Ossoff is pushing for the passage of a bill aimed at expanding access and lowering prices for crop insurance for new farmers.
If passed, the Crop Insurance for Future Farmers Act of 2023 would give new farmers the option to subsidized insurance through the Federal Crop Insurance Corporation (FCIC) from the first five years of operating a farm or ranch to the first 10 years, according to Ossoff’s office. The bill would also increase premium subsidies in the first five years of farming in an effort to boost business.
“Georgia’s family farms are essential to America’s food security. Georgia needs more young farmers to sustain and grow Georgia agriculture. That’s why I’m working to unite Republicans and Democrats behind this bipartisan bill that would strengthen insurance options for new farmers,” Sen. Ossoff said.
According to a recent report by the U.S. Department of Agriculture (USDA), there are 23,085 Georgia farmers with 10 or fewer years of experience.
Click here to read the Crop Insurance for Future Farmers Act of 2023.
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News Source : https://www.walb.com/2024/09/05/senator-ossoff-pushes-passage-bill-extend-crop-insurance-new-georgia-farmers/
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