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US HB5473
Bill
Status
9/18/2025
Primary Sponsor
Julia Letlow
Click for details
AI Summary
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Requires the Secretary of Agriculture to offer advance partial Price Loss Coverage (PLC) payments to farmers for crop year 2025 within 90 days of enactment, if market price projections indicate payments will be needed
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Advance payments must be between 40% and 50% of the projected total PLC payment for eligible covered commodities
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Farmers who receive advance payments will get a subsequent payment after the marketing year ends, equal to the final calculated payment minus the advance already received
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Authorizes the Secretary to recover advance payments if they later prove to have been unwarranted for a particular commodity
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Requires the Secretary of Agriculture to issue implementing rules within 60 days of enactment
Legislative Description
Farm Rescue Act of 2025
Agriculture and food
Last Action
Referred to the House Committee on Agriculture.
9/18/2025