118th CONGRESS 2d Session |
To amend the Agriculture Improvement Act of 2018 to reauthorize the Commission on Farm Transitions-Needs for 2050, and for other purposes.
March 21, 2024
Ms. Caraveo (for herself, Mr. Kelly of Mississippi, Mr. Davis of North Carolina, and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on Agriculture
To amend the Agriculture Improvement Act of 2018 to reauthorize the Commission on Farm Transitions-Needs for 2050, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Farm Transitions Act of 2024”.
SEC. 2. Commission on Farm Transitions—Needs for 2050.
Section 12609 of the Agriculture Improvement Act of 2018 (Public Law 115–334; 132 Stat. 5009) is amended—
(1) in subsection (a), by striking “There is established” and inserting “Not later than 60 days after the date of the enactment of the Farm Transitions Act of 2024, the Secretary shall establish”;
(A) in the subsection heading, by inserting “and recommendations” after “Study”;
(B) in the matter preceding paragraph (1), by inserting “, and make recommendations relating to,” after “study on”;
(i) in subparagraph (B), by inserting “and timely” after “affordable”; and
(ii) by striking subparagraph (D) and inserting the following:
“(D) apprenticeships, mentoring programs, business training, and technical assistance programs;”.
(i) in the matter preceding subparagraph (A), by striking “existing and new Federal tax policies” and inserting “existing and new State and Federal policies, including tax policies”; and
(ii) in subparagraph (A), by inserting “or impede” after “facilitate”;
(E) in paragraph (4), by striking “and” at the end;
(F) in paragraph (5), by striking the period at the end and inserting a semicolon; and
(G) by adding at the end the following:
“(6) heirs’ property and succession of agricultural land;
“(7) any unique barriers faced by historically underserved and women farmers and ranchers in the ability to transfer, inherit, or purchase agricultural assets, including land; and
“(8) leasing and ownership trends, including leasing and ownership trends by foreign persons or entities.”;
(3) in subsection (f), by striking “1 year after the date of enactment of this Act” and inserting “2 years after the date of enactment of the Farm Transitions Act of 2024”; and
(4) in subsection (m), by striking “2023” and inserting “2028”.