This bill would establish the Beginning Farmer and Succession Continuity Act to establish financial incentives, support, and credit assistance to facilitate the transfer of farmland to resident beginning farmers. This bill would provide succession planning services, tax credits for sale or long-term lease to qualified beginning farmers, and state-backed loan guarantees. This bill would require the Department of Agriculture and Industries to provide a report to the Governor and Legislature detailing program results. This bill would establish the Beginning Farmer Assistance Fund in the State Treasury to be used by the department to administer the program.