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This bill reauthorizes and expands the Heirs Property Intermediary Relending Program, which helps resolve ownership and succession issues on farmland with multiple owners. It extends the program's authorization through 2028, establishes new cooperative agreements between the Department of Agriculture and nonprofit organizations to provide free legal and accounting services to underserved heirs, and requires annual reporting to Congress on program activities and outcomes. The bill authorizes $60 million annually from 2024 through 2028 for these services, with a 3 percent cap on administrative expenses.
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