New Markets for Farmers and Families Act
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Summary
This bill amends the Agricultural Marketing Act of 1946 to reauthorize and expand the farmers' markets and local food promotion program. It increases federal funding from $50 million to $100 million annually through fiscal year 2026, then reduces to $50 million annually from 2027 onward. The bill modifies matching fund requirements to exempt certain priority grants for new farmers' markets and reserves 30 percent of annual funding for entities establishing new markets that have not received grants in the prior three years. It also requires the Department of Agriculture and its Inspector General to report on program applications, awards, and any fraud or abuse within three years.
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