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Financial Aid for Timber Businesses Affected by Market Disruptions.

This bill establishes a financial assistance program for timber harvesting and hauling businesses, including eligible landowners, who suffer revenue losses due to significant market disruptions like facility closures or sharp price drops. The funding, sourced from anti-dumping duties on Canadian softwood lumber, aims to help these entities cover operational costs and maintain viability during economic hardship. This measure supports the stability of the US forestry sector.
Key points
Provides financial relief to forestry businesses and landowners facing revenue loss due to declared market disruptions (e.g., 50% price decrease or 20% processing capacity loss in a region).
Eligible entities can receive an initial payment up to $20,000, with potential for subsequent payments over five years if market conditions do not improve.
Funds must be used for essential operational expenses, such as payroll, fuel, equipment repairs, or expanding access to new markets.
The program is funded by collecting anti-dumping and countervailing duties imposed on softwood lumber imported from Canada.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_7195
Sponsor: Rep. Allen, Rick W. [R-GA-12]
Process start date: 2026-01-22
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Timber Harvesters, Haulers, and Landowners Market Disruptions Relief Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7195.

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 2026-01-22.

What are the main provisions?

Key points include:

  • Provides financial relief to forestry businesses and landowners facing revenue loss due to declared market disruptions (e.g., 50% price decrease or 20% processing capacity loss in a region).
  • Eligible entities can receive an initial payment up to $20,000, with potential for subsequent payments over five years if market conditions do not improve.
  • Funds must be used for essential operational expenses, such as payroll, fuel, equipment repairs, or expanding access to new markets.
  • The program is funded by collecting anti-dumping and countervailing duties imposed on softwood lumber imported from Canada.
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. Allen, Rick W. [R-GA-12].

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 2026-01-24.

CATEGORIES

Agriculture Economy