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Loggers Economic Assistance and Relief Act
Last updated: 7/23/2025 · Introduced: 7/23/2025
Author: Jared Golden (D-ME)
TL;DR (AI)
- This bill creates a payment program to assist timber harvesting and hauling businesses experiencing unexpected revenue loss due to major disasters, including those defined by the Stafford Act and insect infestations.
- Eligible businesses must demonstrate a 10 percent or greater loss in gross revenue and can receive payments capped at 10 percent of their gross revenue, provided the funds are used for operating expenses.
- The bill authorizes $50 million annually from 2026 through 2029 to fund the program, administered by the Secretary of Agriculture through the Farm Service Agency.
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Includes provisions on preamble, short title., and 1 more.
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