Sec. 403. Farmland tenure
172 words·~1 min read·
/bill/115/hr/4316/ih/section-403A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary shall collect and report data and analysis on farmland ownership, tenure, transition, and entry of beginning farmers. In carrying out subsection (a), the Secretary shall, at a minimum— collect and distribute comprehensive annual reporting of trends in farmland ownership, tenure, transition, barriers to entry, profitability and viability of beginning farmers; develop surveys and report statistical and economic analysis on farmland ownership, tenure, transition, barriers to entry, profitability and viability of beginning farmers, including a regular follow-on survey to each Census of Agriculture; and authorize the National Agricultural Statistics Service to create and administer a follow-on survey to the Tenure, Ownership, and Transition of Agricultural Land survey to— investigate the extent to which non-farming landowners are purchasing and holding onto farmland for the sole purpose of real estate investment; and the impact of these farmland ownership trends on the successful entry and viability of beginning farmers.
There are authorized to be appropriated to carry out this section $2,000,000 for each of fiscal years 2019 through 2023, to remain available until expended.