Timber Harvesters, Haulers, and Landowners Market Disruptions Relief Act
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Summary
This bill establishes a financial assistance program for forest product harvesting, hauling, and timber landowner businesses affected by market disruptions. The Secretary of Agriculture may declare a market disruption upon petition by a state governor or Forest Service chief, triggering a funding process that provides eligible entities initial payments of up to $20,000, followed by potential additional payments based on revenue loss and continuing support for up to five years. Eligible businesses must derive at least 75 percent of revenue from timber harvesting or hauling and meet minimum income thresholds; funds may be used for operational expenses or expanding market access.
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