We have received text from H.R. 9094: Florida Freeze Disaster Assistance Act of 2026. This bill was received on 2026-06-02, and currently has 22 cosponsors.
Here is a short summary of the bill:
This bill, titled the Florida Freeze Disaster Assistance Act of 2026 , aims to provide financial assistance to states affected by adverse weather conditions, specifically freezes or cold weather that harmed agricultural production. Here are the main components of the bill:
Financial Appropriations
The bill proposes to allocate $3.5 billion from the U.S. Treasury for the fiscal year ending September 30, 2027. This funding is designated for the U.S. Department of Agriculture (USDA) to distribute as block grants to states.
Eligible Assistance
The financial aid will be provided to compensate for:
- Revenue losses
- Quality degradation of crops
- Production losses (including situations where planting was not possible)
This compensation is particularly aimed at producers with multi-year crops, such as trees, bushes, and vines.
Eligibility Criteria
To qualify for these funds, the following conditions must be met:
- The losses must have occurred in counties that were designated as disaster areas due to freeze and related cold weather by the Secretary of Agriculture on March 4, 2026.
- Assistance must be requested by a state department of agriculture or another appropriate state agency, as determined by the Secretary of Agriculture.
Reporting Requirements
The Secretary of Agriculture is required to submit quarterly reports to the Committees on Appropriations of both chambers of Congress. These reports must detail the implementation of the assistance provided and must begin within 120 days of the bill's enactment and continue until all funds are expended.
Emergency Designation
The funds allocated under this bill are designated as emergency requirements, which allows for more flexible spending and quicker implementation in response to the agricultural crisis caused by the freezing weather.
Summary
In summary, this bill is focused on providing significant financial support to states to address agricultural losses resulting from freeze and cold weather conditions, with a structured approach for fund allocation, eligibility criteria, and reporting to Congress.
Relevant Companies
- COTY - As a significant player in the cosmetics industry, which relies on agricultural ingredients, COTY could be impacted if crop failures affect its supply chain.
- SYF - Synchrony Financial provides credit cards for retailers, including those in the agricultural sector. The losses in crops could affect its performance in the agricultural lending market.
- MONS (Monsanto, part of Bayer) - A major agricultural company that provides seeds and agricultural solutions; adverse weather conditions impacting crop production could affect sales and market demand.
Representative Scott Franklin Bill Proposals
Here are some bills which have recently been proposed by Representative Scott Franklin:
- H.R.9094: Florida Freeze Disaster Assistance Act of 2026
- H.R.8407: ACCURATE Act
- H.R.8199: SCHEDULES Act of 2026
- H.R.7734: Land Grant Research Prioritization Act of 2026
- H.R.7464: TEMP Act
- H.R.5908: Non-Essential Workers Transparency Act
You can track bills proposed by Representative Scott Franklin on Quiver Quantitative's politician page for Franklin.
Representative Scott Franklin Net Worth
Quiver Quantitative estimates that Representative Scott Franklin is worth $28.9M, as of June 6th, 2026. This is the 44th highest net worth in Congress, per our live estimates.
Franklin has approximately $3.3M invested in publicly traded assets which Quiver is able to track live.
You can track Representative Scott Franklin's net worth on Quiver Quantitative's politician page for Franklin.
Representative Scott Franklin Stock Trading
We have data on up to $123.2M of trades from Representative Scott Franklin, which we parsed from STOCK Act filings. Some of the largest trades include:
- A April 27th, 2021 sale of up to $5M of $BRP. The stock has risen 8.98% since then.
- A February 7th, 2025 sale of up to $5M of $BWIN. The stock has fallen 52.96% since then.
- A August 14th, 2024 sale of up to $250K of $SBUX. The stock has risen 1.48% since then.
- A August 6th, 2024 sale of up to $100K of $NEE. The stock has risen 11.52% since then.
- A August 7th, 2024 purchase of up to $100K of $GD. The stock has risen 20.64% since then.
You can track Representative Scott Franklin's stock trading on Quiver Quantitative's politician page for Franklin.
2026 Florida's 18th Congressional District Election
There has been approximately $975,272 of spending in Florida's 18th congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Florida's 18th congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
