The bill establishes the Farm and Forestry Operations Security Special Fund in Vermont to provide financial support to farmers and forestry operations affected by extreme weather conditions. The General Assembly recognizes the challenges faced by these operations, particularly after the severe flooding and weather-related disasters in 2023 and 2024. The Fund aims to maintain the viability of farms and forestry operations, ensuring food security and resilience, while also providing a source of relief for those impacted by weather emergencies. The Fund will be administered by the Secretary of Agriculture, Food and Markets and will consist of various funding sources, including state appropriations and federal aid.

The bill outlines the eligibility criteria for weather conditions that qualify for assistance, the process for applying for funds, and the establishment of a Review Board to oversee the distribution of funds. Payments from the Fund can reimburse up to 50% of unreimbursed losses due to eligible weather conditions, with a maximum award of $150,000 per applicant per year. The bill also emphasizes the importance of accessibility, requiring language services to ensure all farmers can access the Fund. The implementation of this Fund is contingent upon future appropriations from the General Fund, and the act is set to take effect on July 1, 2026.

Statutes affected:
As Introduced: 6-207
As Passed By the Senate -- Official: 6-207
As Passed By the Senate -- Unofficial: 6-207
As Passed by Both House and Senate -- Official: 6-207
As Passed by Both House and Senate -- Unofficial: 6-207
As Enacted: 6-207