Establishes the farm ownership succession planning program
REFERRED TO AGRICULTURE
Summary
The bill establishes the Farm Ownership Succession Planning Program (FOSPP), which will provide a toolkit, data, and forums to assist farm owners who are selling or closing their farms. It targets current farm owners, prospective buyers, and under‑represented farming entrepreneurs, aiming to preserve agricultural land and support new entrants. The program will be set up by the Agriculture Commissioner in partnership with the Departments of Economic Development and Financial Services.
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