The RTCP Revitalization Act would require the Secretary of Agriculture to use Commodity Credit Corporation funds for reimbursement payments to geographically disadvantaged farmers and ranchers. It sets annual funding amounts starting at $10 million for fiscal year 2026, rising to $15 million for fiscal year 2031 and each year after. It also limits when payment caps may be imposed.
Geographically disadvantaged farmers and ranchers could apply for reimbursement payments under the program. The bill does not change the application details described in the source text. When available funding is enough to cover payments for that year's applications, the Secretary could not impose a payment limit.
The bill directs $10 million for fiscal year 2026, increasing by $1 million each year through fiscal year 2030. It directs $15 million for fiscal year 2031 and each year after, from Commodity Credit Corporation funds.
No publicly available information.
No publicly available information.