Page:United States Statutes at Large Volume 114 Part 1.djvu/431

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PUBLIC LAW 106-224—JUNE 20, 2Q6O 114 STAT. 395 Subtitle E—Miscellaneous SEC. 161. LIMITATION ON REVENUE COVERAGE FOR POTATOES. Section 508(a)(3) of the Federal Crop Insurance Act (7 U.S.C. 1508(a)(3)), as amended by section 123, is amended by adding at the end the following: "(C) LIMITATION ON REVENUE COVERAGE FOR POTA- TOES. —No policy or plan of insurance provided under this title (including a policy or plan of insurance approved by the Board under subsection (h)) shall cover losses due to a reduction in revenue for potatoes except as covered under a whole farm policy or plan of insurance, as determined by the Corporation.". SEC. 162. CROP INSURANCE COVERAGE FOR COTTON AND RICE. Section 508(a) of the Federal Crop Insurance Act (7 U.S.C. 1508(a)), as amended by 145, is amended by adding at the end the following: "(8) SPECIAL PROVISIONS FOR COTTON AND RICE. — Notwithstanding any other provision of this title, beginning with the 2001 crops of upland cotton, extra long staple cotton, and rice, the Corporation shall offer plans of insurance, including prevented plsmting coverage and replanting coverage, under this title that cover losses of upland cotton, extra long staple cotton, and rice resulting from failure of irrigation water supplies due to drought and ScJtwater intrusion.". SEC. 163. INDEMNITY PAYMENTS FOR CERTAIN PRODUCERS. (a) IN GENERAL.— Except as otherwise provided in this section, notwithstanding section 508(c)(5) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(5)), a producer that purchased a 1999 Crop Revenue Coverage policy for a commodity covered by Bulletin MGR- 99-004 (as in effect before being voided by subsection (d)) by the sales closing date prescribed in the actuarial documents in the county where the policy was sold shall receive an indemnity pay- ment in accordance with the policy. (b) BASE AND HARVEST PRICES.—The base price and harvest price under the policy for a commodity described in subsection (a) shall be determined in accordance with the Commodity Exchange Endorsement published by the Federal Crop Insurance Corporation on July 14, 1998 (63 Fed. Reg. 37829). (c) REINSURANCE.— Subject to subsection (b), notwithstanding section 508(c)(5) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(5)), the Corporation shall provide reinsurance with respect to the policy in accordeince with the Standard Reinsurance Agreement. (d) VOIDING OF BULLETIN.— Bulletin MGR-99-004, issued by the Administrator of the Risk Management Agency of the Department of Agriculture, is void. (e) EFFECTIVE DATE.— This section takes effect on October 1, 2000. SEC. 164. SENSE OF THE CONGRESS REGARDING THE FEDERAL CROP INSURANCE PROGRAM. It is the sense of the Congress that—