Sec. 203. Provision of land grants
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The Secretary shall— purchase from willing sellers, at a price not greater than fair market value, available agricultural land in the United States; and subject to section 205, convey grants of that land to eligible Black individuals at no cost to the eligible Black individuals. To the maximum extent practicable, if sufficient applications are submitted by eligible Black individuals, the Secretary shall convey not less than 20,000 land grants to eligible Black individuals under subsection (a)(2) for each of fiscal years 2023 through 2032.
A land grant to an eligible Black individual under subsection (a)(2) shall be not more than 160 acres. An eligible Black individual seeking a land grant under subsection (a)(2) shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require, including a legal description of the land identified under section 204 of which the eligible Black individual is seeking the grant. A qualified entity that receives a grant under section 208 may submit to the Secretary an application under paragraph
(1)on behalf of 1 or more eligible Black individuals seeking a land grant under subsection (a)(2). If applicable, an application submitted under subparagraph
(A)shall include a proposal for how the land will be subdivided and conveyed separately to eligible Black individuals as described in section 204(b). The Secretary shall give priority to applications submitted under subsection
(c)for land grants to— eligible Black individuals who are currently farmers or ranchers; eligible Black individuals with a family history of land dispossession; eligible Black individuals with experience in agriculture, including experience obtained through participation in the Farm Conservation Corps established under section 209; and eligible Black individuals who are veterans. There is authorized to be appropriated, and there is appropriated, out of amounts in the Treasury not otherwise appropriated, $8,000,000,000 for each of fiscal years 2024 through 2033 to carry out this section.