Page:United States Statutes at Large Volume 114 Part 1.djvu/401

 PUBLIC LAW 106-224 -JUNE 20, 2000 114 STAT. 365 and Related Agencies Appropriations Act, 1999 (as contained in section 101(a) of division A of Public Law 105-277; 7 U.S.C. 1508 note), is amended by striking "$50" and inseri;ing "$100". (c) PAYMENT OF ADMINISTRATIVE FEE ON BEHALF OF PRO- DUCERS. —Section 508(b)(5) of the Federal Crop Insurance Act (7 U.S.C. 1508(b)(5)), as amended by subsection (b)(1)(B), is amended by inserting after subparagraph (A) the following: " (B) PAYMENT ON BEHALF OF PRODUCERS.— "(i) PAYMENT AUTHORIZED. —I f State law permits a licensing fee or other payment to be paid by an insurance provider to a cooperative association or trade association and rebated to a producer with catastrophic risk protection or additional coverage, a cooperative association or trade association located in that State may pay, on behalf of a member of the association in that State or a contiguous State who consents to be insured under such an arrangement, all or a portion of the administrative fee required by this paragraph for catastrophic risk protection. "(ii) TREATMENT OF LICENSING FEES.— A licensing fee or other payment made by an insurance provider to the cooperative association or trade association in connection with the issuance of catastrophic risk protection or additional coverage to members of the cooperative association or trade association shall be subject to the laws regarding rebates of the State in which the fee or other payment is made. "(iii) SELECTION OF PROVIDER.— Nothing in this subparagraph limits the option of a producer to select the licensed insurance agent or other approved insurance provider from whom the producer will purchase a policy or plan of insurance or to refuse coverage for which a payment is offered to be made under clause (i). "(iv) DELIVERY OF INSURANCE. — A policy or plan of insurance for which a payment is made under clause (i) shall be delivered by a licensed insurance agent or other approved insurance provider. " (v) ADDITIONAL COVERAGE ENCOURAGED. —^A cooperative association or trade association, and any approved insurance provider with whom a licensing fee or other arrangement under this subparagraph is made, shall encourage producer members to purchase appropriate levels of additional coverage in order to meet the risk management needs of the member producers. "(vi) REPORT. —Not later than April 1, 2002, the Deadline. Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that evaluates— "(I) the operation of this subparagraph; and "(II) the impact of this subparagraph on participation in the Federal crop insurance program, including the impact on levels of coverage purchased.".

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