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Higher Penalties for Undisclosed Foreign Agricultural Investments

This bill increases the minimum civil penalty for failing to disclose foreign investments in U.S. agricultural land. This means foreign individuals or entities not complying with reporting requirements will face significantly higher fines. The aim is to enhance transparency and enforcement of regulations concerning agricultural land ownership in the U.S.
Key points
The minimum penalty for not disclosing foreign agricultural investments will increase from 25% to at least 50% of the transaction value.
The change aims to strengthen disclosure rules for foreign owners of agricultural land.
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Expired
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Additional Information
Print number: 118_HR_1789
Sponsor: Rep. Miller, Mary E. [R-IL-15]
Process start date: 2023-03-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the Agricultural Foreign Investment Disclosure Act of 1978 to increase the minimum amount of a civil penalty imposed for violating such Act, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_1789.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-24.

What are the main provisions?

Key points include:

  • The minimum penalty for not disclosing foreign agricultural investments will increase from 25% to at least 50% of the transaction value.
  • The change aims to strengthen disclosure rules for foreign owners of agricultural land.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Miller, Mary E. [R-IL-15].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Agriculture.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Agriculture Courts and Law