To amend the Federal Crop Insurance Act to expand the powers of the Federal Crop Insurance Corporation, to provide for the offering of crop insurance to cover the cost of crop production, to establish regional crop insurance advisory committees, and for other purposes.
Production Cost Insurance Act of 1990 - Amends the Federal Crop Insurance Act to expand the oversight and data collection powers of the Federal Crop Insurance Corporation.
Authorizes the Corporation to provide insurance for the recovery of production costs. Prohibits plan changes for three years from the date of the initial change.
Directs the Corporation to make crop insurance available for dry edible beans.
Repeals a specified crop insurance yield coverage provision.
Prohibits the inclusion of specified catastrophic losses in establishing premium rates.
Directs the Corporation to establish regional advisory committees to assist in actuarial and underwriting activities.
Introduced in House
Introduced in House
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on Conservation Credit and Rural Development.
Executive Comment Requested from USDA.
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