Protecting US Agricultural Land from Foreign Governments
This act aims to restrict the purchase or lease of US agricultural land by individuals associated with the governments of Iran, North Korea, China, and Russia. It introduces new rules for land ownership to enhance food and national security, and increases transparency in reporting foreign agricultural investments.
Key points
Prohibition on purchase and lease of US agricultural land by persons linked to governments of Iran, North Korea, China, and Russia.
Strengthening rules for reporting foreign agricultural investments, including security interests and leases.
Increasing transparency of foreign agricultural land ownership data through public databases.
Introduction of new reports on risks and benefits associated with foreign agricultural land ownership.
Status:
Introduced
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