H.R. 5634 · 113th Congress
Stop Hiding Congressional Farm Subsidies Act
- Stage
- In committee
- Sponsor
- Scott Peters
- Introduced
- 2014-09-18
- Latest action
- 2014-10-23 · Referred to the Subcommittee on General Farm Commodities and Risk Management.
Summary
Stop Hiding Congressional Farm Subsidies Act - Amends the Federal Crop Insurance Act to require the Secretary of Agriculture (USDA) to publicly disclose crop insurance premium subsidies paid on behalf of: Members of Congress and their immediate families, Cabinet Secretaries and their immediate families, or entities of which any of these individuals is a majority shareholder.
Requires USDA to publicly disclose benefits for private insurance providers, including: (1) underwriting gains earned through participation in the federal crop insurance program; and (2) amounts paid for administrative and operating expenses, any federal portion of indemnities and reinsurance, and any other purpose.