; and (2) by redesignating subsections (v) through (vii) as subsections (iv) through (vi), respectively. 9. Assistance for algae production (a) Eligibility of algae for noninsured crop disaster assistance program Section 196(a)(2)(B) of the Federal Agriculture Improvement and Reform Act of 1996 ( 7 U.S.C. 7333(a)(2)(B) ) is amended by inserting algae (including microalgae and macroalgae), after biomass sorghum, . (b) Research and development priorities Section 522(c) of the Federal Crop Insurance Act ( 7 U.S.C. 1522(c) ) is amended— (1) in paragraph (6), by inserting algae (including microalgae and macroalgae), after including, ; (2) by redesignating paragraph (24) as paragraph (25); and (3) by inserting after paragraph (23) the following: (24) Algae insurance policies (A) In general The Corporation shall offer to enter into 1 or more contracts with qualified entities to carry out research and development regarding a policy to insure algae (including microalgae and macroalgae) that is grown for the production of food, feed, renewable biofuel, biobased products, or other purposes. (B) Research and development Research and development with respect to the policy required under subparagraph (A) shall evaluate the effectiveness of risk management tools for the production of algae (including microalgae and macroalgae), including policies and plans of insurance that— (i) are based on market prices and yields; (ii) to the extent that insufficient data exist to develop a policy based on market prices and yields, evaluate the policies and plans of insurance based on other factors determined by the Secretary; and (iii) provide protection for production or revenue losses, or both. .