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LAST ACRE Act of 2023

12/7/2023, 5:06 PM

Summary of Bill S 2542

The LAST ACRE Act of 2023, also known as Bill 118 s 2542, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to provide financial assistance to farmers who are nearing retirement and looking to sell their land for conservation purposes.

Under the LAST ACRE Act, eligible farmers would receive payments for placing their land into conservation easements, which would prevent the land from being developed in the future. This would help to protect valuable agricultural land from being lost to urban sprawl and ensure that it remains available for farming in the future.

The bill also includes provisions for technical assistance to help farmers navigate the process of placing their land into conservation easements, as well as funding for outreach and education programs to promote the benefits of conservation easements. Overall, the LAST ACRE Act of 2023 aims to support retiring farmers in preserving their land for future generations, while also promoting sustainable agriculture practices and protecting valuable natural resources.

Current Status of Bill S 2542

Bill S 2542 is currently in the status of Bill Introduced since July 26, 2023. Bill S 2542 was introduced during Congress 118 and was introduced to the Senate on July 26, 2023.  Bill S 2542's most recent activity was Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. as of July 26, 2023

Bipartisan Support of Bill S 2542

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2542

Primary Policy Focus

Science, Technology, Communications

Alternate Title(s) of Bill S 2542

LAST ACRE Act of 2023
LAST ACRE Act of 2023
Linking Access to Spur Technology for Agriculture Connectivity in Rural Environments Act of 2023
A bill to amend the Rural Electrification Act of 1936 to establish a last acre program, and for other purposes.

Comments

Sponsors and Cosponsors of S 2542

Deb Fischer
Deb Fischer
NebraskaRepublican
Ben Ray Lujan
Ben Ray Lujan
New MexicoDemocrat

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