Federal farm officials would establish an aid system for specialty crop growers whose production suffers from recognized harmful events, with payments depending on available funding.
Specialty crop growers could receive aid when federal farm officials recognize an event that harms production, including economic crises or market disruptions. Payments would use past sales and depend on available funding.
Most recipients would face an annual payment cap. Those earning at least 75% of average gross income from farming, ranching, or forestry would have a cap of at least $500,000.
Federal farm officials would set up direct aid using past sales multiplied by a payment factor they choose. Specialty crop growers must have production harmed by an event officials recognize. The factor would depend on available funds. Officials must consider higher crop values, growing costs, and growers’ business structures. Officials would choose sales from one calendar year or consecutive years before the year of the adverse event.
Federal farm officials would apply the adjusted cap set in existing farm-payment law. The usual cap excludes qualified pass-through entities, a business category defined in another law. A separate cap would apply when farming, ranching, or forestry provides at least 75% of average gross income. Officials would set that cap at $500,000 or more. Caps would apply to payments received directly or indirectly for each crop year.
No hearings or votes scheduled.