Heirs Education and Investment to Resolve Succession of Property Act

Key Points

• This bill, called the HEIRS Act, aims to help families who own "heirs' property." This is land passed down through generations without a clear will or legal title, which often prevents families from getting government loans or keeping their farms running.
• The government would partner with nonprofit groups to provide free legal and accounting help to "underserved heirs." This includes veterans, people with low incomes, and members of groups that have historically faced discrimination in farming.
• The bill authorizes $60 million every year from 2027 to 2031 to pay for these professional services. The goal is to help families clear up legal titles so they can qualify for federal farm programs and keep their land in the family.
• It also extends an existing program through 2031 that provides loans to help resolve these ownership disputes. This ensures that families have both the legal advice and the financial support they need to protect their property rights.

Impact Analysis

Govbase has not yet run an impact analysis on this legislation.