This bill changes parts of the Agricultural Credit Act of 1978 to make it easier for farmers and private forest owners to get money before they do emergency repairs. For fencing and other emergency measures to fix or replace farmland or conservation structures, producers may choose to get up to 75% of the payment before work starts for replacements or rehabilitations, and up to 50% before repairs. The bill also says wildfire damage can be covered even when the fire was not caused naturally, including when caused by the Federal Government if the fire spread due to natural causes. For nonindustrial private forest land, owners may get up to 75% of the estimated cost of emergency measures before work starts, based on cost estimates in the Natural Resources Conservation Service Field Office Technical Guide. If those advance forest restoration funds are not used within 180 days, they must be returned in a reasonable time.
Proponents say the bill removes barriers to accessing emergency funds by allowing producers and private forest owners the option of receiving partial payments before work begins. The bill ties advance amounts to fair market or published estimated costs and adds rules to return unused forest restoration funds, which proponents view as providing faster help while protecting program funds.
No publicly available information.