Establishes the Family Farm Resilience and Revenue Stabilization Program to aid family farms during economic shocks.
This bill mandates the Commissioner of Agriculture and Industries to create the Family Farm Resilience and Revenue Stabilization Program. This program will provide bridge grants and revenue gap payments to eligible family farms during economic downturns. The Family Farm Resilience Fund, established in the State Treasury, will be used to administer the program. The commissioner must submit an annual report to the Governor and Legislature detailing funds distributed and any proposed legislative actions. The Department of Agriculture and Industries will adopt rules to administer the program.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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