Protecting Farmland: New Rules for Foreign Investments
This act changes how the U.S. government reviews foreign investments in American agricultural land and related industries. It aims to enhance food and national security by scrutinizing transactions more closely, especially those from countries deemed a threat. Citizens may experience greater stability in the agricultural sector.
Key points
The Secretary of Agriculture joins the committee reviewing foreign investments, increasing focus on the agricultural sector.
Special rules are introduced for agricultural land transactions, particularly those involving investors from China, North Korea, Russia, and Iran.
The committee will review transactions involving agricultural land, agricultural biotechnology, and agricultural transportation, storage, and processing.
Introduced
Citizen Poll