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Increased Oversight of Foreign Investment in US Agricultural Land

New regulations aim to enhance scrutiny over who acquires agricultural land in the United States, especially if they are entities from countries deemed risky for national security. Citizens may experience greater transparency regarding farmland ownership, potentially impacting food security and local community stability.
Key points
Increased review of agricultural land transactions by foreign entities, particularly from countries identified as risky.
Prohibition of federal financial assistance (including subsidies) to foreign entities from risky countries that own agricultural land.
Expanded disclosure requirements for foreign agricultural land holdings, including lease agreements longer than 5 years, without a minimum acreage requirement.
Annual public reports on foreign agricultural land holdings, detailing countries and regions, including China and Russia.
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Additional Information
Print number: 117_S_4821
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2022-09-12