WASHINGTON, Aug. 11 -- Federal Crop Insurance Corporation has issued a rule called: Additional Payment II Program.
The rule was published in the Federal Register on Aug. 11 by Patricia Swanson, Manager, Federal Crop Insurance Corporation.
Summary: The Risk Management Agency (RMA), on behalf of the Federal Crop Insurance Corporation (FCIC), is issuing this rule to announce the availability of funding under the Additional Payment II Program (ADD PAY II). ADD PAY II is a one-time additional payment to Approved Insurance Providers (AIPs) administering eligible crop insurance contracts for 2022 and 2023 reinsurance year specialty crops. The total funding available for ADD PAY II is $30 million. Funding for ADD PAY II will be distributed to AIP...