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| The actual proposal contains only the following:
Specifically, the budget proposal includes capping crop insurers' rate of return on earned premiums from 14.5% to 8.9% for the next 10 years, between 2017 to 2026. Additionally, it would mandate the SRA (agreement between FCIC and Insurance Providers) be negotiated not later than 12/31/16 and at least once during each 5 year reinsurance period. Nothing regarding PP changes as proposed earlier. | |
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