HR 8502
Harvest act
Harvest Act
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Bill overview
The Harvest Act directs the Secretary of Agriculture to study how to improve opportunities for 1890 Historically Black Colleges and Universities (HBCUs) to offer educational programs and technical assistance. Specifically, the study will focus on helping farmers and ranchers, particularly those dealing with ‘heirs property,’ transfer their land and assets to the next generation. The goal is to address challenges related to the transfer of agricultural land, including issues surrounding heirs property.
Key provisions
- The Secretary of Agriculture will conduct a study.
- The study will focus on 1890 Institutions (HBCUs).
- The study will address the transfer of agricultural land and assets.
- The study will specifically examine heirs property.
- The report on the study is due to Congress by September 30, 2026.
Who is affected
- Farmers and ranchers
- 1890 Historically Black Colleges and Universities (HBCUs)
- Landowners
- Agricultural communities
- The Secretary of Agriculture
Notable changes
- The bill defines ‘heirs property’ for the purpose of the study.
- It establishes a specific deadline for the Secretary of Agriculture to complete and submit the study report.
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Primary sponsor
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119th CONGRESS — 2d Session
H. R. 8502
IN THE HOUSE OF REPRESENTATIVES
A BILL
To direct the Secretary of Agriculture to conduct a study on ways to increase opportunities for 1890 Institutions to conduct educational programs and provide technical assistance with respect to issues relating to the transfer of agricultural land and assets, including heirs property, to the next generation of farmers and ranchers, and for other purposes.
This Act may be cited as the Heirs’ Agricultural Resources, Viability, Education, and Succession Transfer HARVEST Act
or the
.
There is no recorded agreement binding all the co-tenants which governs the partition of the property.
One or more of the co-tenants acquired title from a relative, whether living or deceased.
Any of the following applies:
20 percent or more of the interests are held by co-tenants who are relatives.
20 percent or more of the interests are held by an individual who acquired title from a relative, whether living or deceased.
20 percent or more of the co-tenants are relatives.