Beginning Farmer Tax Credit (BFTC)
In plain English
The Pennsylvania Beginning Farmer Tax Credit provides tax credits to owners of agricultural assets who sell or rent those assets to beginning farmers. Eligible applicants are individuals and other legal entities such as trusts and pass-through entities that own agricultural assets. This is a tax-credit benefit rather than a cash grant, administered with the state Departments of Agriculture and Revenue. No specific credit amounts are listed.
AI-generated summary to help you decide quickly — verify the official eligibility rules before applying.
- Deadline
- Dec 31, 2035
- Posted
- Jan 1, 2024
- Award amount
- Amount not specified
- Focus areas
- Community & economic development
Who can apply
Individual; Other Legal Entity — Individual; Trust; Pass-through entity
About this grant
Program provides tax credits to owners of agricultural assets who sell or rent agricultural assets to beginning farmers. The program is administered in consultation with the Department of Agriculture and Department of Revenue.
Source: public records via Grants.gov. UseGrants is an independent aggregator, not affiliated with any funding agency. Always confirm details on the official listing before applying.