The next round of coronavirus relief introduced by House Democrats -- known as the Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act -- includes multiple benefits for agriculture, reports KTIC.
The legislation would increase direct payments to farmers by $16 billion, which is expected to supplement the already planned $16 billion in payments.
According to The Fence Post, the bill includes the Renewable Fuel Reimbursement Program, which would authorize the Agriculture Department to provide 45-cents-per-gallon of ethanol produced from Jan. 1 through May 1, 2020. Producers forced offline for one or more calendar months during this time would qualify for the same credit, based on half the volume produced during the corresponding month or months in 2019.
The House is expected to vote on the package Friday.
