Bill > HR5241

This bill amends the Food, Conservation, and Energy Act of 2008 to provide mandatory funding for reimbursement payments to geographically disadvantaged farmers and ranchers through the Commodity Credit Corporation (CCC). Specifically, the bill removes previous funding restrictions, eliminates payment limitations for eligible farmers and ranchers in fiscal years with sufficient funding, and establishes a structured funding schedule from fiscal year 2026 to 2031. The mandatory funding starts at $10 million in 2026 and incrementally increases to $15 million in 2031 and subsequent years. The term "geographically disadvantaged" typically refers to farmers and ranchers in remote or economically challenged regions who face higher transportation costs or limited market access. By guaranteeing funding and removing payment caps, the bill aims to provide more consistent and potentially more substantial financial support to these agricultural producers, helping to address regional economic disparities in the farming sector.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/house-bill/5241/all-info