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Fund to Aid Farmers Affected by Tariffs and Trade Disruptions

This bill establishes a special fund to assist U.S. agricultural producers if their exports are harmed by tariffs, trade barriers, or rising production costs. Funds will come from duties collected on imported agricultural goods. The fund is set to operate until September 30, 2030.
Key points
The TRADE Fund is created to support farmers impacted by international trade issues.
Revenues from tariffs on imported agricultural products can be directly deposited into this fund.
Farmers may receive financial aid if they suffer losses due to decreased exports, trade barriers, or increased production costs.
An annual report will detail the fund's revenues and how the assistance was provided.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3982
Sponsor: Rep. Letlow, Julia [R-LA-5]
Process start date: 2025-06-12
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To establish a Tariff Response and Damages to Exports fund, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3982.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-06-12.

What are the main provisions?

Key points include:

  • The TRADE Fund is created to support farmers impacted by international trade issues.
  • Revenues from tariffs on imported agricultural products can be directly deposited into this fund.
  • Farmers may receive financial aid if they suffer losses due to decreased exports, trade barriers, or increased production costs.
  • An annual report will detail the fund's revenues and how the assistance was provided.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Letlow, Julia [R-LA-5].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Agriculture Economy