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Product Management Bulletin-PM-15-032 Agricultural Act of 2014 – Conservation Compliance

Date
To
All Approved Insurance Providers
All Risk Management Agency Field Offices
All Other Interested Parties
From
Tim B. Witt, Deputy Administrator /s/ Tim B. Witt
Subject
Agricultural Act of 2014 – Conservation Compliance

Background

Section 2611 of the Agricultural Act of 2014 (2014 Farm Bill), enacted on February 7, 2014, links eligibility for Federal crop insurance premium subsidy paid by the Federal Crop Insurance Corporation (FCIC) to the Highly Erodible Land Conservation (HELC) and Wetland Conservation (WC) compliance provisions of the Food Security Act of 1985. The producer benefits affected are eligibility for premium subsidy paid by FCIC on their behalf.

Action

The attached procedures provide the instructions for implementation of HELC and WC provisions of the 2014 Farm Bill. These procedures are in effect for reinsurance year 2016 for policies with a sales closing date on or after July 1, 2015.

DISPOSAL DATE:
Until incorporated into the applicable procedures.

Attachment