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VT H0386
Bill
Status
2/26/2025
Primary Sponsor
Heather Surprenant
Click for details
AI Summary
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Establishes the Agricultural Land Transfer Assistance Program at the Agency of Agriculture, Food and Markets to help connect agricultural landowners with prospective buyers who intend to continue farming the land
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Creates a Farm Ownership Succession Planning Program including a toolkit with financial resources, education programs, legal templates, and a directory of professionals experienced in farm transfers
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Requires the Secretary to conduct at least three educational workshops annually and provide "land transfer navigators" to assist both exiting and beginning farmers through the transfer process
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Creates a Land Transfer and Succession Board with five members representing agricultural and conservation organizations, serving three-year terms, to assist with program implementation and recommend new tools
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Appropriates $250,000 from the General Fund in fiscal year 2026 for program implementation, with an effective date of July 1, 2025
Legislative Description
An act relating to establishing an Agricultural Land Transfer Assistance Program
Last Action
Read first time and referred to the Committee on Agriculture, Food Resiliency, and Forestry
2/26/2025