Bill > S2698

This bill, the Agricultural Emergency Relief Act of 2023, requires the Secretary of Agriculture to establish a program that provides payments to producers who experienced crop losses due to a disaster, such as drought, wildfire, or flood. Producers must apply for the payments and meet certain criteria, including purchasing crop insurance or coverage under the Noninsured Crop Disaster Assistance Program for the following two years. The amount of the payments is calculated based on the producer's revenue or indemnity from crop insurance, with limitations on the total payment amount. The bill authorizes the necessary funding for the Secretary to administer the program from fiscal years 2023 through 2028.