Farming: Financial Aid for Tariff Losses
A house committee must act next: committee consideration.
This bill faces a difficult path because it was introduced by members of the minority party and involves a large amount of new spending that has not yet been approved by leadership.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Many mid-size and family farming operations are structured as small businesses, and the $500,000 income cap and revenue-loss formula are designed to direct aid toward these smaller operations rather than large agribusiness. Producers must submit financial documentation like receipts and contracts to prove eligibility, which creates some paperwork burden alongside the benefit.
“has an average adjusted gross income of not more than $500,000”
Referred to the House Committee on Agriculture.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Sponsor introductory remarks on measure. (CR E691)
A new proposal from Rep. Shomari Figures seeks $15 billion in direct assistance for farmers impacted by retaliatory tariffs. The bill limits eligibility to family farms with revenues under $500,000, focusing on corn, cotton, peanuts, soybeans, and poultry producers.
As the House Budget Committee moves forward with a $95 billion reconciliation package, Rep. Shomari Figures has introduced a separate $15 billion measure, the Tariff Impacted Farmer Support Act, to provide targeted relief to small-scale producers of specific commodities hit by trade disputes.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Tariff Impacted Farmer Support Act of 2026
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