New Producer Economic Security Act

Bill 119 s 1237, 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. The purpose of this program is to provide economic security for new producers in the agricultural industry.

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 below a certain threshold. Participants in the program will receive financial assistance, technical support, and access to resources to help them establish and maintain successful agricultural operations.

Additionally, the bill emphasizes the importance of promoting diversity and inclusion within the agricultural industry by prioritizing participation from socially disadvantaged farmers and ranchers. It also highlights the need to support sustainable farming practices and conservation efforts. Overall, the New Producer Economic Security Program Act aims to support and empower new producers in the agricultural industry by providing them with the necessary resources and assistance to thrive in their operations.