Vermont farm and forestry owners can receive partial payments for uncovered weather losses if lawmakers set aside General Fund money specifically for the program.
Once lawmakers provide the required funding, owners can receive up to half of uncovered weather losses. Annual awards cannot exceed $150,000 or a lower cap based on the fund's balance.
If lawmakers provide the required funding, owners can apply year-round through a streamlined process with language help. Applications may close only when all money set aside for that fiscal year has been awarded.
The Secretary of Agriculture, Food and Markets administers the Farm and Forestry Operations Security Special Fund to pay part of eligible weather losses. Payments cover Vermont farm and forestry operation owners with losses or expenses from eligible weather linked to income losses, including floods, drought, and extreme heat. Covered farms must primarily serve farming and fall under Vermont's Required Agricultural Practices rules. Implementation depends on lawmakers setting aside General Fund money specifically for this program in fiscal year 2027 or a later year. Payments cover up to 50 percent of losses left uncovered by insurance or other payments. Each farm or forestry operation's annual award cannot exceed $150,000 or 5 percent of the fund's uncommitted balance at the start of that fiscal year. The fund can receive legislative transfers, accepted public and private money, and federal aid for weather-related income losses. Unspent balances carry forward. The law took effect July 1, 2026. The duty to run the program depends on specific funding in fiscal year 2027 or a later year.
The Secretary of Agriculture, Food and Markets must provide a streamlined application and ensure language access through interpretation and translation. These rules cover owners applying to the Farm and Forestry Operations Security Special Fund. These duties depend on the required General Fund funding. Applications must describe damage, confirm the weather event, estimate losses, report year-end income and expenses, and list state business grants or loans received in the past five years. Applications are processed in the order received for each quarter, but review requires all documents the Secretary requests. A board of state officials, agricultural representatives, farmers, and forestry operators reviews complete applications. It annually reports documented weather losses averaged over the previous three calendar years and recommends improvements. The board must recommend whether to pay within 15 days of receiving a complete application. The Secretary must issue an award within 15 days of a favorable recommendation.
No hearings or votes scheduled.