The Senate's CCJ approves new rural insurance framework and strengthens catastrophe fund with up to R$ 4 billion

Proposal modernizes rules to expand protection for producers and fiscal stability of the sector The Senate's Committee on Constitution, Justice, and Citizenship (CCJ) approved, this Wednesday (26), the substitute for PL 2.951/2024 by Senator Jayme Campos (União-MT), authored by Senator Tereza Cristina (PP-MS), which updates the legal framework for rural insurance, strengthens sector governance, and authorizes the Union to contribute up to R$ 4 billion to the supplementary coverage fund for climate risks. Vice-president of the Parliamentary Front for Agribusiness (FPA) in the House, the author of the project, Senator Tereza Cristina, stated that the proposal "modernizes the rural insurance policy and prepares the country to face increasingly severe climate events." For her, the new framework "gives predictability to the producer, protects income, and strengthens food security." The CCJ also approved Amendments No. 1 and No. 2, both accepted by the rapporteur. Amendment No. 1, by ...