7 U.S.C. § 6933 — Office of Risk Management
submitted 30 years ago by Pub. L. 103-354 to r/title-7-AGRICULTURE · 255 words · no verdicts yet
The Secretary must maintain an independent Office of Risk Management. The Office oversees crop insurance and related risk programs and must receive enough staff and capital resources.
(a) Establishment. The Secretary* must establish and maintain an independent Office of Risk Management in the Department*.
(b) Functions. The Office has jurisdiction over: (1) supervising the Federal Crop Insurance Corporation; (2) administering and overseeing every aspect, including delivery through Department local offices, of programs authorized under the Federal Crop Insurance Act; (3) pilot or other programs involving revenue insurance, risk-management savings accounts, or futures markets to manage risk and support farm income that may be established under that Act or another law; and (4) other functions the Secretary considers appropriate.
(c) Administrator. (1) The Office is headed by an Administrator appointed by the Secretary. (2) The Administrator also serves as Manager of the Federal Crop Insurance Corporation.
(d) Resources. (1) Functions such as human resources, public affairs, and legislative affairs may be consolidated under the Under Secretary of Agriculture for Farm Production and Conservation. (2) Despite paragraph (1) or any other law or Secretary’s order, the Secretary must give the Office enough human and capital resources to perform its functions promptly and efficiently.
The Secretary* shall establish and maintain in the Department* an independent Office of Risk Management.
The Office of Risk Management shall have jurisdiction over the following functions:
Supervision of the Federal Crop Insurance Corporation.
Administration and oversight of all aspects, including delivery through local offices of the Department, of all programs authorized under the Federal Crop Insurance Act (7 U.S.C. 1501 et seq.).
Any pilot or other programs involving revenue insurance, risk management savings accounts, or the use of the futures market to manage risk and support farm income that may be established under the Federal Crop Insurance Act or other law.
Such other functions as the Secretary considers appropriate.
The Office of Risk Management shall be headed by an Administrator who shall be appointed by the Secretary.
The Administrator of the Office of Risk Management shall also serve as Manager of the Federal Crop Insurance Corporation.
Certain functions of the Office of Risk Management, such as human resources, public affairs, and legislative affairs, may be provided by a consolidation of such functions under the Under Secretary of Agriculture for Farm Production and Conservation.
Notwithstanding paragraph (1) or any other provision of law or order of the Secretary, the Secretary shall provide the Office of Risk Management with human and capital resources sufficient for the Office to carry out its functions in a timely and efficient manner.
Source credit: (Pub. L. 103–354, title II, § 226A, as added Pub. L. 104–127, title I, § 194(a), Apr. 4, 1996, 110 Stat. 945; amended Pub. L. 115–334, title XII, §§ 12405(a), 12415(a), Dec. 20, 2018, 132 Stat. 4975, 4981.)
- 1996Enacted · Pub. L. 103-354 · 110 Stat. 945
- 2018Amended · Pub. L. 115-334 · 132 Stat. 4975, 4981
A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-354 on 1996-04-04.
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