Us Congress 2023-2024 Regular Session

Us Congress Senate Bill SB4018 Latest Draft

Bill / Introduced Version Filed 04/08/2024

                            II 
118THCONGRESS 
2
DSESSION S. 4018 
To amend the Agriculture Improvement Act of 2018 to reauthorize the 
Commission on Farm Transitions–Needs for 2050, and for other purposes. 
IN THE SENATE OF THE UNITED STATES 
MARCH21, 2024 
Ms. B
ALDWIN(for herself and Mr. BRAUN) introduced the following bill; 
which was read twice and referred to the Committee on Agriculture, Nu-
trition, and Forestry 
A BILL 
To amend the Agriculture Improvement Act of 2018 to reau-
thorize the Commission on Farm Transitions–Needs for 
2050, and for other purposes. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Farm Transitions Act 4
of 2024’’. 5
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SEC. 2. COMMISSION ON FARM TRANSITIONS—NEEDS FOR 1
2050. 2
Section 12609 of the Agriculture Improvement Act 3
of 2018 (Public Law 115–334; 132 Stat. 5009) is amend-4
ed— 5
(1) in subsection (a), by striking ‘‘There is es-6
tablished’’ and inserting ‘‘Not later than 60 days 7
after the date of enactment of the Farm Transitions 8
Act of 2024, the Secretary shall establish’’; 9
(2) in subsection (b)— 10
(A) in the subsection heading, by inserting 11
‘‘
ANDRECOMMENDATIONS ’’ after ‘‘STUDY’’; 12
(B) in the matter preceding paragraph (1), 13
by inserting ‘‘, and make recommendations re-14
lating to,’’ after ‘‘study on’’; 15
(C) in paragraph (1)— 16
(i) in subparagraph (B), by inserting 17
‘‘and timely’’ after ‘‘affordable’’; and 18
(ii) by striking subparagraph (D) and 19
inserting the following: 20
‘‘(D) apprenticeships, mentoring programs, 21
business training, and technical assistance pro-22
grams;’’; 23
(D) in paragraph (2), by striking ‘‘this 24
Act’’ and inserting ‘‘the Farm Transitions Act 25
of 2024’’; 26
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(E) in paragraph (3)— 1
(i) in the matter preceding subpara-2
graph (A), by striking ‘‘existing and new 3
Federal tax policies’’ and inserting ‘‘exist-4
ing and new State and Federal policies, in-5
cluding tax policies’’; and 6
(ii) in subparagraph (A), by inserting 7
‘‘or impede’’ after ‘‘facilitate’’; 8
(F) in paragraph (4), by striking ‘‘and’’ at 9
the end; 10
(G) in paragraph (5)— 11
(i) by striking ‘‘this Act’’ and insert-12
ing ‘‘the Farm Transitions Act of 2024’’; 13
and 14
(ii) by striking the period at the end 15
and inserting a semicolon; and 16
(H) by adding at the end the following: 17
‘‘(6) heirs’ property and succession of agricul-18
tural land; 19
‘‘(7) any unique barriers faced by farmers and 20
ranchers in the ability to transfer, inherit, or pur-21
chase agricultural assets, including land; and 22
‘‘(8) leasing and ownership trends, including 23
leasing and ownership trends by foreign persons or 24
entities.’’; 25
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(3) in subsection (c)(3), by striking ‘‘this Act’’ 1
and inserting ‘‘the Farm Transitions Act of 2024’’; 2
(4) in subsection (f), by striking ‘‘1 year after 3
the date of enactment of this Act’’ and inserting ‘‘2 4
years after the date of enactment of the Farm Tran-5
sitions Act of 2024’’; 6
(5) in subsection (l), by striking ‘‘Sections 9 7
and 14 of the Federal Advisory Committee Act (5 8
U.S.C. App.)’’ and inserting ‘‘Sections 1008 and 9
1013 of title 5, United States Code,’’; and 10
(6) in subsection (m), by striking ‘‘2023’’ and 11
inserting ‘‘2028’’. 12
Æ 
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