🌾Streamlining Crop Insurance Regulations
Removal of Obsolete Regulations
Summary
Risk Management Agency (RMA), on behalf of the Federal Crop Insurance Corporation (FCIC), is in the process of reviewing all regulations within its purview to reduce regulatory burdens and costs. Pursuant to this review, FCIC has identified the following obsolete, unnecessary, and outdated provisions in title 7 of the Code of Federal Regulation (CFR). FCIC is removing these provisions to streamline and clarify the dictates of title 7. The changes in this rule will have no impacts on past or present FCIC customers.
Agencies
- Agriculture Department
- Federal Crop Insurance Corporation
Business Impact
$$ - Med
The removal of obsolete regulations under 7 CFR Parts 400 and 460 simplifies the regulatory framework for crop insurance. This may lower compliance costs for agricultural businesses and enhance operational efficiency, benefiting business owners and executives in the agricultural sector.