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Support for Fish Farmers: Aquaculture Loss Compensation

This bill expands the livestock indemnity payment program to include losses incurred by fish farmers. This means that if fish farmers lose their stock due to specific events, they can apply for financial assistance. The aim is to support the financial stability of aquaculture farms.
Key points
Fish farmers can now receive compensation for losses, similar to other livestock producers.
Payments will only be made for losses caused by specific, defined events.
The bill aims to reduce financial risk for those involved in fish farming.
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Additional Information
BAITS Act
Print number: HR 1020
Sponsor: Rep. Moore, Barry [R-AL-2]
Process start date: 2023-02-14