Tennessee SB2687 establishes the TARIFF relief fund to provide grants to family farmers affected by tariffs on agricultural products.
Tennessee SB2687 creates the Tennessee Agriculture Recovery and Investment in Family Farm (TARIFF) Relief Act. It establishes a fund to provide grants up to $10,000 to family farmers struggling with high input costs and market losses due to tariffs. The fund will receive $130 million from the revenue fluctuation reserve and other appropriations. The Department of Agriculture will develop an application process and establish grant eligibility and award procedures. Unexpended funds must be returned to the revenue fluctuation reserve by June 30, 2027.
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