The proposed bill aims to support Washington's agricultural community, which is recognized as the state's second largest economic driver. It emphasizes the importance of understanding how policy decisions impact agriculture and seeks to promote a stable food supply by maintaining a healthy agricultural economy. The bill outlines the state's responsibility to improve and coordinate agricultural plans and resources while ensuring that regulations do not hinder farmers' ability to produce and sell their products. It also highlights the need to balance agricultural promotion with public health and welfare, as well as the preservation of historical and cultural aspects of agriculture.

Additionally, the bill introduces a mechanism for assessing the fiscal impact of proposed legislation on entities engaged in agriculture. The director of financial management is tasked with creating fiscal notes that detail the financial implications of legislation on the agricultural economy, including forecasts for the first two years and a cumulative six-year outlook. These fiscal notes will be provided upon request from legislators and must be completed within a week, with daily progress reports if delays occur. The bill is officially titled the Food Economics, Availability, and Security Over Time (FEAST) Act and establishes a new chapter in Title 43 of the Revised Code of Washington.