To establish a payment program for unexpected loss of markets and revenues to timber harvesting and timber hauling businesses due to the COVID-19 pandemic, and for other purposes.

Summary

This bill directs the Department of Agriculture (USDA) to make payments to a timber harvesting business or timber hauling business that, as a result of the COVID-19 (i.e., coronavirus disease 2019) pandemic, experienced a loss of not less than 10% in gross revenue during the period beginning on January 1, 2020, and ending on July 31, 2020, as compared to its gross revenue during the same period in 2019. The amount of a payment made to an eligible entity shall be equal to 10% of the gross revenue of the business during the period beginning on January 1, 2019, and ending on July 31, 2019. USDA shall make such a payment only to a business that certifies that the payment will be used only for operating expenses.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 July 2020

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• Introduced in House (PDF)

  Introduced in House · EN · 20 July 2020

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• Introduced in House

  summary · EN · 20 July 2020

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