Increased Transparency for Foreign Investment in Farmland
This new law aims to increase transparency regarding foreign purchases of U.S. agricultural land. It will provide citizens and authorities with better insight into how foreign investments impact local communities, family farms, and food supply. A public database will be created to facilitate access to this information.
Key points
Requires regular reporting to Congress on the impact of foreign ownership of agricultural land on family farms and food supply.
Establishes a publicly accessible online database with detailed information on foreign investors in agricultural land.
The database will include information on the investor's citizenship or the company's country of registration and principal place of business.
Status:
Expired
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