The Agricultural Risk Protection Act of 2000, signed
into law in June 2000, changed the process by which RMA develops and maintains pilot programs.
Section 131 of the Act prohibits the
Federal Crop Insurance Corporation (FCIC)
from conducting research and development for new policies, and
requires that new product development be accomplished through contracts or partnerships. Grower organizations
and other groups may develop new policies at their
own expense and request reimbursement from FCIC after products are approved.
For more information, contact Ron Lundine.
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