Prohibition on Agricultural Land Purchase by Foreign Adversaries
New regulations aim to protect American agricultural land. They prohibit the purchase of agricultural land in the U.S. by individuals and entities associated with the governments of North Korea, Iran, China, and Russia. Citizens not affiliated with these countries will not experience direct changes in their land purchase rights.
Key points
Prohibits the purchase of agricultural land in the U.S. by individuals and entities linked to North Korea, Iran, China, and Russia.
Persons covered by the prohibition will be barred from participating in Department of Agriculture programs, except for food inspection and safety programs.
Violations of the prohibition may result in financial penalties and other sanctions.
Status:
Introduced
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