Reauthorizing Farm Transition Commission to Address Future Agricultural Needs.
This law extends the federal commission studying challenges faced by the next generation of farmers until 2028. The commission is now required to study and recommend solutions regarding land access, training, financing, and legal/tax barriers. Citizens involved in agriculture can expect new, better-tailored support programs and regulatory changes to facilitate farm transitions in the coming years.
Key points
Extends the mandate of the federal commission focused on farm succession and transition challenges until 2028.
Expands the commission's scope to include analyzing legal barriers, including heirs’ property issues and ownership trends, specifically involving foreign entities.
Increased focus on developing apprenticeship, mentoring, and business training programs to ensure affordable and timely access to capital for new farmers.
Expired
Additional Information
Print number: 118_S_4018
Sponsor: Sen. Baldwin, Tammy [D-WI]
Process start date: 2024-03-21