Amend CSSB 1 (senate committee report) as follows:
In Article VI of the bill, in the Texas Department of Agriculture (page VI-5), add the following appropriately numbered rider:
____. Financial Assistance for Farmers Impacted by Contract Cancellations. (a) The amount of $50,000,000 is appropriated from the General Revenue Fund to the Texas Agricultural Fund for financial assistance, loan guarantees, and interest rate reductions to Texas farmers and ranchers who are at risk of financial hardship as a result of the cancellation, nonrenewal, or termination of a federal or state agricultural contract, program, or agreement.
(b) The Texas Agricultural Finance Authority shall establish and publish eligibility criteria and application procedures consistent with its statutory authority under Chapter 58 of the Texas Agriculture Code.
(c) The Authority shall submit a report to the Legislative Budget Board, the Governor, the Lieutenant Governor, and the Speaker of the House by December 1, 2026, detailing the total amount distributed, the number of farmers assisted, and the impact on preventing loan defaults.