An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Eligible entity

Any business that cuts down trees (timber harvesting) or transports raw wood products (timber hauling) that did so in the previous year.

Major disaster

A severe natural event, like a hurricane, earthquake, or large-scale insect infestation, that has been officially declared a major disaster by the federal government under the Stafford Act.

Gross revenue

The total income a business generates from its timber harvesting or hauling services before any expenses are subtracted.

Secretary of Agriculture

The head of the U.S. Department of Agriculture, who would be responsible for carrying out this program through the Farm Service Agency.

Operating expenses

The day-to-day costs of running a business, such as wages, fuel, maintenance, or rent.

Authorization of Appropriations

A legislative act that permits money to be set aside and spent for a particular government program, though the actual funding still needs to be approved in a separate appropriations bill.