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 VerDate Sep 11 2014 21:37 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S4018.IS S4018 ssavage on LAPJG3WLY3PROD with BILLS 2 •S 4018 IS 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 VerDate Sep 11 2014 21:37 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S4018.IS S4018 ssavage on LAPJG3WLY3PROD with BILLS 3 •S 4018 IS (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 VerDate Sep 11 2014 21:37 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S4018.IS S4018 ssavage on LAPJG3WLY3PROD with BILLS 4 •S 4018 IS (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 VerDate Sep 11 2014 21:37 Apr 05, 2024 Jkt 049200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6301 E:\BILLS\S4018.IS S4018 ssavage on LAPJG3WLY3PROD with BILLS