SB499

Hawaii SB499 establishes a succession planning education program for farmers and ranchers to ensure agricultural assets remain in production.

Hawaii SB499 mandates the Agribusiness Development Corporation to create a succession planning education program for farmers and ranchers. This program aims to educate participants on the importance of succession planning, connect them with resources, and facilitate the transfer of agricultural assets to ensure they remain in agricultural production. The bill appropriates funds for this program and requires collaboration with the Department of Agriculture, Department of Taxation, and other relevant agencies.