Bill > HB06273

This bill establishes the Farmers' Crop Loss Reimbursement Grant Program within the Department of Agriculture to provide financial support to farmers who experience crop losses due to significant acute weather events. The program will be funded through state bonds, with a total bonding authorization of up to $10 million. The Department of Agriculture will develop and implement the program, which includes creating specific parameters such as eligibility criteria, prioritization rules, maximum reimbursement amounts, and defining what constitutes a significant acute weather event. Farmers will be able to apply for reimbursement, and the department must process applications within 60 days of receipt. The program will be effective July 1, 2025, and the bonds issued to fund it will mature within 20 years. The state pledges its full faith and credit to repay these bonds, ensuring farmers can receive financial relief when unexpected weather events devastate their crops. The department will also publish detailed information about the program on its website to ensure transparency and accessibility for eligible farmers.

Agriculture and Natural Resources, Budget and Finance

Environment Committee (J)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06273&which_year=2025