Section 1 Short title
This Act may be cited as the “Bringing Aquaculture Indemnities To Speed Act” or the “BAITS Act”.
Bringing Aquaculture Indemnities To Speed Act
A BILL
To amend the Agricultural Act of 2014 to include certain farm-raised fish losses under the livestock indemnity payment program, and for other purposes.
Sec. 2 Inclusion of certain farm-raised fish losses under livestock indemnity payment program
Section 1501 of the Agricultural Act of 2014 (7 U.S.C. 9081) is amended—
in subsection (a)(4)—
in subparagraph (F), by striking “and” at the end;
by redesignating subparagraph (G) as subparagraph (H); and
by inserting after subparagraph (F) the following:
“(G) for purposes of subsection (b), farm-raised fish; and”
in subsection (b), by adding at the end the following:
“(5) Special rule for farm-raised fish—The Secretary may only make a payment under this subsection with respect to livestock described in subsection (a)(4)(G) if the loss or reduced sale of such livestock is due to a cause described in subparagraph (A) or (C) of paragraph (1).”