Loggers Economic Assistance and Relief Act
To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to major disasters, and for other purposes.
This bill, known as the Loggers Economic Assistance and Relief Act, aims to create a support system for timber harvesting and timber hauling businesses that suffer significant market losses and revenue declines due to major disasters. By providing financial aid, the bill intends to help these businesses recover from unexpected economic downturns caused by events such as natural disasters.
The bill would primarily affect timber harvesting and hauling companies. If passed, it could offer them financial relief to help them continue their operations and support their employees during challenging times. This support could include direct payments or other forms of economic assistance.
Introduced on July 23, 2025, the bill has been referred to the House Committee on Agriculture for further review and discussion. This marks the first step in its journey through the legislative process, where it will be examined in detail, possibly amended, and then considered for a vote by the full House.