New Disaster Relief Payments for Farmers and Mandatory Future Crop Insurance
This Act establishes a permanent financial aid program for farmers, ranchers, and foresters who suffer crop, tree, or vine losses due to a wide range of natural disasters, including wildfires, floods, and severe droughts. To qualify for relief, producers must agree to purchase crop insurance for the two subsequent crop years. The program aims to provide predictable compensation, with payment limits based on the producer's farm income and insurance status.
Key points
Establishes a standing emergency relief program providing payments for losses caused by specific disasters (e.g., drought, wildfire, excessive heat, smoke exposure).
Receiving disaster aid requires the producer to purchase Federal Crop Insurance or NAP coverage for the following two years.
Payment amounts are capped, with higher limits available for producers whose farm income constitutes 75% or more of their total income.
Status:
Expired
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