The Timber Harvesters, Haulers, and Landowners Market Disruptions Relief Act provides emergency financial assistance to timber harvesting, hauling, and timber-growing businesses that suffer significant revenue losses from market disruptions. When a state governor or Forest Service chief declares a market disruption—such as mill closures representing 20 percent capacity loss, major price drops, trade barriers, or other threats to timber operations—eligible businesses can apply for assistance, initially receiving up to $20,000 within two weeks, followed by potential additional payments reaching 30 percent of estimated revenue losses by September. Businesses must derive at least 75 percent of revenue from timber activities and have earned at least $35,000 in the prior year to qualify. The bill funds this assistance through tariff revenues collected from Canadian softwood lumber imports, and allows continued payments for up to five years if market conditions haven't improved, though funds would be prorated if insufficient to cover all eligible applicants.
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