Loggers Economic Assistance and Relief Act

This bill provides financial assistance to timber harvesting and hauling businesses that suffer significant revenue losses due to major disasters like wildfires or insect infestations. It authorizes payments equal to 10% of lost gross revenue during a 30-day period or quarter, but only if the loss exceeds 10% compared to the same period the previous year. Funds must be used solely for operating expenses, and the program is funded at $50 million annually for 2026-2029. The Secretary of Agriculture will administer the program and report recipient details to Congress each year.