New Producer Economic Security Act

Bill 119 HR 2536, also known as the New Producer Economic Security Program Act, aims to create a new program within the Farm Service Agency Office of Outreach and Education. This program is designed to support new producers in the agricultural industry by providing them with resources and assistance to help them succeed.

The bill outlines the eligibility criteria for new producers to participate in the program, which includes individuals who have been farming for less than 10 years and have a gross annual income of less than $100,000. Participants in the program will receive financial assistance, technical support, and access to educational resources to help them establish and grow their agricultural businesses.

Additionally, the bill specifies that the program will prioritize historically underserved producers, including women, minorities, and veterans. It also requires the Farm Service Agency to collaborate with other agricultural organizations and agencies to ensure that new producers have access to a comprehensive range of support services. Overall, the New Producer Economic Security Program Act aims to provide new producers with the tools and resources they need to succeed in the agricultural industry, ultimately strengthening the overall economic security of the farming community.