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SC H4384
Bill
Status
4/23/2025
Primary Sponsor
Wendell Jones
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AI Summary
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Establishes the South Carolina Farm Export Trade Relief Fund with an initial appropriation of $10 million to provide grants and low-interest loans to farmers negatively impacted by federal tariffs, international trade disruptions, or export bans
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Eligible farmers must demonstrate a significant portion of income derived from exports and documented reduction in international market access, pricing, or demand due to federal action
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Requires the Department of Agriculture to partner with regional trade offices and federal agencies to expand international markets, promote value-added agricultural products, and host international trade delegations
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Directs the Department of Agriculture, Department of Insurance, and Clemson University Cooperative Extension to develop state-supported crop insurance enhancements, including premium subsidies for export-reliant crops and supplemental coverage for price loss due to trade policy shifts
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Mandates annual reports to the General Assembly on fund disbursements, loan repayments, international market development progress, and trade resilience recommendations
Legislative Description
Farm Export Relief and Resilience Act
Last Action
Referred to Committee on Ways and Means
4/23/2025