Tariff Impacted Farmer Support Act of 2026

This bill would require the Secretary of Agriculture to make economic assistance payments to farmers for revenue losses on corn, cotton, peanuts, poultry, or soybeans for crop years 2025 and 2026. Payments would be based on the drop in a producer's revenue from one crop year to the next, using a formula set by the Secretary. To qualify, a producer must have an average adjusted gross income from these commodities of no more than $500,000 and submit revenue records. A producer paid for 2025 could not also be paid for 2026. The bill would use $15 billion from the Commodity Credit Corporation, split evenly between the two years, with payments due by November 1, 2026, and November 1, 2027.

Full text and official record on Congress.gov

Sponsors

• Shomari Figures Democrat sponsor
• 1 cosponsors