PM-15-010 Agricultural Act of 2014 – 11019 (D) Late Payment of Debt
Background
The Agricultural Act of 2014 (2014 Farm Bill) grants the Administrator of the Risk Management Agency the authority to authorize the reinstatement of a policy for any person determined to be ineligible to participate in the Federal crop insurance program due to their inadvertent failure to pay a debt owed to the approved insurance provider, or to the Federal Crop Insurance Corporation in accordance with the terms of the applicable policy and 7 CFR § 400.679.