Referred to the Subcommittee on Forestry and Horticulture.
Agriculture and Food
Why This Matters
This bill helps timber harvesting and hauling businesses by providing financial support during market disruptions. It aims to stabilize these businesses when they face significant economic challenges.
If you work in the timber industry, you could receive financial support during tough market times.
Who this affects
Timber harvesters · Haulers · Landowners
What changes is this bill making?
1This bill provides financial aid to businesses that harvest and transport timber.
2The Secretary of Agriculture can declare a market disruption affecting these businesses.
3Eligible businesses can apply for up to $20,000 in initial payments.
4Additional payments may be available based on revenue losses for the following years.
5State governors or forest service chiefs can request ongoing assistance for up to five years.
