H.R. 8198, known as the “Heirs Education and Investment to Resolve Succession of Property Act,” seeks to improve and reauthorize a relending program to help resolve ownership and succession issues on farmland. The bill amends existing legislation to extend the program through...
Simple Explanation
H.R. 8198 is a bill that plans to give money to help people who own farmland, especially those who have inherited it, get legal and accounting help so they can figure out who really owns the land and reduce confusion. It sets aside money every year until 2028, making sure most of it goes to helping people directly, with some rules to make sure it’s used properly.