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Search Results: keywords:"asset transfer"

  • The Farm Transitions Act of 2024 proposes amendments to the Agriculture Improvement Act of 2018 to extend the Commission on Farm Transitions-Needs for 2050. The bill outlines changes to various subsections, including setting a 60-day deadline for establishing the Commission...

    Simple Explanation

    The Farm Transitions Act of 2024 is like updating a big rule book to help farmers share their farms with new farmers. It makes sure a special team is ready to help, suggests ideas like farming lessons and training, and looks at who is buying farms, even people from other countries.