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Federal officials set timeline for Helene aid to farmers as Georgia enacts tax breaks

  • On May 8, 2025, Georgia's governor approved legislation that excludes federally funded agricultural insurance claims and emergency relief funds related to Hurricane Helene from the state's income tax.
  • The law follows Hurricane Helene, which caused $78 billion in damage and 219 deaths, making it the seventh-most expensive U.S. disaster since 1980.
  • Federal officials published a schedule on May 7, 2025, to start disbursing disaster aid from a $100 billion package passed in December, with some applications opening May 30 through September 15.
  • Georgia lawmakers allocated $867 million for Helene relief and approved nearly $300 million in tax breaks, including a $140 million exemption for federal payments and timberland tax credits.
  • The aid timing depends on state-federal negotiations, with farmers facing tight margins, unpaid debts, and possible cash shortages that could impede rebuilding efforts.
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Federal officials set timeline for Helene aid to farmers as Georgia enacts tax breaks

Georgia’s governor has signed a law to exempt federal crop insurance and disaster payments following Hurricane Helene damage from Georgia state income taxes.

·United States
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morningagclips.com broke the news in on Wednesday, May 7, 2025.
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