This bill changes section 12609 of the Agriculture Improvement Act of 2018. It directs the Secretary to establish the Commission on Farm Transitions—Needs for 2050 within 60 days of the bill becoming law. The commission's work is changed from only a study to a study and recommendations. The commission must examine and recommend on a range of topics, including affordable and timely access to land, apprenticeships, mentoring, business training, and technical assistance programs. The bill adds study of State and Federal policies (including tax policies) and whether those policies facilitate or impede farm transfers. It also adds heirs' property and succession of agricultural land; barriers faced by historically underserved and women farmers and ranchers when transferring, inheriting, or buying farm assets; and leasing and ownership trends, including by foreign persons or entities. The bill extends the time for the commission's report from 1 year to 2 years after enactment and replaces the year "2023" with "2029" in the statute.
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