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Aid for Timber Businesses After Disasters

This act establishes a financial aid program for timber harvesting and hauling businesses that suffer significant revenue losses due to major disasters, including insect infestations. The aim is to help these businesses cover operating expenses and maintain employment during difficult times.
Key points
Timber businesses can receive financial aid if their revenue drops by at least 10% due to a major disaster.
The aid amounts to 10% of the lost revenue and must be used for operating expenses.
The program is authorized until 2029, with an annual budget of $50 million.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_4665
Sponsor: Rep. Golden, Jared F. [D-ME-2]
Process start date: 2025-07-23
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Loggers Economic Assistance and Relief Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4665.

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 2025-07-23.

What are the main provisions?

Key points include:

  • Timber businesses can receive financial aid if their revenue drops by at least 10% due to a major disaster.
  • The aid amounts to 10% of the lost revenue and must be used for operating expenses.
  • The program is authorized until 2029, with an annual budget of $50 million.
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. Golden, Jared F. [D-ME-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Agriculture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Agriculture Economy