AGRIBUSINESS: USDA Funds Added To Sandy Package In House

Late Tuesday evening the U.S. House approved a disaster assistance measure to help those states dealing with the impacts of Hurricane Sandy. Through an amendment offered by New Jersey Representative Rodney Frelinghuysen - the bill provides more than $222 million to USDA. The legislation will be considered by the Senate next week.

A summary of the amendment shows that $218 million will go to emergency conservation and restoration efforts - as well as flood prevention and watershed repairs. The breakdown is $180 million for the Emergency Watershed Protection Program - $23 million for the Emergency Forest Restoration Program and $15 million available under the Agriculture Credit Act of 1978. The other $4.4 million is provided for capital improvement and maintenance for necessary expenses related to the consequences of Hurricane Sandy.

Filed in: Agribusiness


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