Page:United States Statutes at Large Volume 108 Part 4.djvu/550

 108 STAT. 3184 PUBLIC LAW 103-354—OCT. 13, 1994 and the Republic of Palau in the same manner as provided in this section for production of agricultural conmiodities in the United States. "(B) PRODUCER EXPANSION.— In an area in the United States or specified in subparagraph (A) where crop insurance is not available for a particular agricultural commodity, the Corporation may offer to enter into a written agreement with an individual producer operating in the area for insurance coverage under this title if ihe producer has actuarially sound data relating to the production by the producer of the commodity and the data is acceptable to the Corporation. " (5) DISSEMINATION OF CROP INSURANCE INFORMATION. — The Corporation shall make available to producers through local offices of the Department— "(A) current and complete information on all aspects of Federal crop insurance; and "(B) a listing of insurance agents and companies offering to sell crop insurance in the area of the producers. " (6) ADDITION OF NEW AND SPECIALTY CROPS.— Federal «(A) DATA COLLECTION. —Not later than 180 days after ' ^^*®[; the date of enactment of this paragraph, the Secretary pu ca ion. shall issue guidelines for publication in the Federal Register for data collection to assist the Corporation in formulating crop insurance policies for new and specialty crops. Reports- 'XB) ADDITION OF NEW CROPS.— Not later than 1 year after the date of enactment of this paragraph, and annually thereafter, the Corporation shall report to Congress on the progress and expected timetable for expanding crop insurance coverage under this title to new and specialty crops. " (C) ADDITION OF DIRECT SALE PERISHABLE CROPS.— Not later than 1 year after the date of enactment of this paragraph, the Corporation shall report to Congress on the feasibility of offering a crop insurance program designed to meet the needs of specisiHzed producers of vegetables and other perishable crops who market through direct marketing cnannels. " (b) CATASTROPHIC RISK PROTECTION.— "(1) IN GENERAL. —The Corporation shall offer a catastrophic risk protection plan to indemnify producers for crop loss due to loss of yield or prevented planting, if provided by the Corporation, when the producer is unable, because of drought, flood, or other natural disaster (as determined by the Secretary), to plant other crops for harvest on the acreage for the crop year. " (2) AMOUNT OF COVERAGE. — " (A) IN GENERAL.— Subject to subparagraph (B)— "(i) in the case of each of the 1995 through 1998 crop years, catastrophic risk protection shall offer a producer coverage for a 50 percent loss in yield, on an individual yield or area yield basis, indemnified at 60 percent of the expected market price, or a comparable coverage (as determined by the Corporation); and "(ii) in the case of each of the 1999 and subsequent crop years, catastrophic risk protection shall offer a

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