Farmer Veteran Opportunity Act of 2018
A BILL
To amend the Food, Agriculture, Conservation, and Trade Act of 1990 to expand the availability of programs of the Department of Agriculture to veteran farmers and ranchers, and for other purposes.
Sec. 2 Availability of Department of Agriculture programs for veteran farmers and ranchers
“(C) is a veteran (as defined in section 101 of that title) who has first obtained status as a veteran (as so defined) during the most recent 10-year period.”
“(12) Veteran farmer or rancher—The term veteran farmer or rancher means a farmer or rancher who—
“(A) has served in the Armed Forces (as defined in section 101 of title 38, United States Code); and
“(B)
“(i) has not operated a farm or ranch;
“(ii) has operated a farm or ranch for not more than 5 years; or
“(iii) is a veteran (as defined in section 101 of that title) who has first obtained status as a veteran (as so defined) during the most recent 5-year period.”
“(F) veteran farmers or ranchers.”
“(3) encourage retiring farmers and ranchers to assist in the sale of their farms and ranches to eligible farmers or ranchers by providing seller financing;”
“(A) beginning farmers or ranchers;
“(B) socially disadvantaged farmers or ranchers, as defined in section 355(e); or
“(C) veteran farmers or ranchers, as defined in section 2501(e) of the Food, Agriculture, Conservation, and Trade Act of 1990 (7 U.S.C. 2279(e))”
“(e) Definition of eligible farmer or rancher—In this section, the term eligible farmer or rancher means—
“(1) a qualified beginning farmer or rancher;
“(2) a socially disadvantaged farmer or rancher, as defined in section 355(e); and
“(3) a veteran farmer or rancher, as defined in section 2501(e) of the Food, Agriculture, Conservation, and Trade Act of 1990 (7 U.S.C. 2279(e)).”
“(1) Covered producer—The term covered producer means an eligible producer on a farm that is—
“(A) as determined by the Secretary—
“(i) a beginning farmer or rancher;
“(ii) a socially disadvantaged farmer or rancher; or
“(iii) a limited resource farmer or rancher; or
“(B) a veteran farmer or rancher, as defined in section 2501(e) of the Food, Agriculture, Conservation, and Trade Act of 1990 (7 U.S.C. 2279(e)).”
“(4) Payment rate for covered producers—In the case of a covered producer that is eligible to receive assistance under this subsection, the Secretary shall provide reimbursement of 90 percent of the cost of losses described in paragraph (1) or (2).”