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Prohibiting Agricultural Land Purchase by Foreign Government-Linked Entities

This act aims to protect American agricultural land by prohibiting its purchase or lease by individuals and entities linked to the governments of Iran, North Korea, China, and Russia. It also enhances transparency regarding foreign agricultural investments and imposes penalties for violations, impacting food and national security.
Key points
Prohibits the purchase and lease of U.S. agricultural land by entities associated with the governments of Iran, North Korea, China, and Russia.
Increases transparency of data on foreign agricultural investments, including property values and ownership details.
Introduces financial penalties and liens on land for violations of foreign investment disclosure requirements.
Restricts participation of prohibited entities in Department of Agriculture programs, with exceptions for food safety and health programs.
Requires regular reports to Congress on foreign ownership of agricultural land and its national security implications.
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Additional Information
Print number: 118_HR_3357
Sponsor: Rep. Strong, Dale W. [R-AL-5]
Process start date: 2023-05-16