Establishes an Agricultural Land Transfer Assistance Program to aid Vermont farm owners in succession planning and land transfer.
The bill establishes an Agricultural Land Transfer Assistance Program at the Agency of Agriculture, Food and Markets. It aims to identify agricultural land available for transfer, assist farm owners in succession planning, and connect them with prospective buyers who intend to maintain the land for farming. The program includes developing a succession planning toolkit, an agricultural land portal, and training land transfer navigators. It also creates the Land Transfer and Succession Board to oversee the program.
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