Vote Smart's Synopsis:

Vote to pass a bill that amends and updates the grain indemnity program and authorizes the Iowa Department of Agriculture and Land Stewardship with clean titles on livestock they take over.

Highlights:

• Amends and updates the grain indemnity program and authorizes the Iowa Department of Agriculture and Land Stewardship with clean titles on livestock they take over (Sec. 1-20).

• Increases the fund’s minimum from $3 million to $8 million, and the maximum from $8 million to $16 million to reflect the changes (Sec. 1-20).

• Specifies ​​that cash-sale contracts would be reimbursed at 90% (Sec. 1-20).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 21).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that amends and updates the grain indemnity program and authorizes the Iowa Department of Agriculture and Land Stewardship with clean titles on livestock they take over.

Highlights:

• Amends and updates the grain indemnity program and authorizes the Iowa Department of Agriculture and Land Stewardship with clean titles on livestock they take over (Sec. 1-20).

• Increases the fund’s minimum from $3 million to $8 million, and the maximum from $8 million to $16 million to reflect the changes (Sec. 1-20).

• Specifies ​​that cash-sale contracts would be reimbursed at 90% (Sec. 1-20).

• Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 21).

Full Bill Text