Agriculture - As introduced, enacts the "Tennessee Agriculture Recovery and Investment in Family Farm (TARIFF) Relief Act," which creates a fund within the state treasury for the purpose of making grants to family farmers who have struggled with high input costs and market losses resulting from tariffs on agricultural goods, equipment, and machinery. - Amends TCA Title 9 and Title 43.
Refer to Senate Delayed Bills Committee
Summary
The bill establishes the Tennessee Agriculture Recovery and Investment in Family Farm (TARIFF) Relief Fund, funded with $130 million from the state’s revenue fluctuation reserve. It allows the Department of Agriculture to award grants of up to $10,000 to family farmers who have faced higher input costs or market losses due to federal or foreign tariffs. The measure aims to ease financial pressure on small farms and is currently pending in the Senate.
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