Relating To Certain Property Interests Of A Foreign Government In Agricultural Land.

The bill pertains to property interests of foreign governments in U.S. agricultural land. It aims to address concerns about foreign entities acquiring large amounts of American farmland by requiring disclosure of such transactions to the U.S. Department of Agriculture. The bill seeks to protect national food security, prevent unfair competition for domestic farmers, and ensure transparency in foreign ownership of agricultural land. Key provisions include reporting requirements for foreign government entities purchasing or holding agricultural land, penalties for non-compliance, and mechanisms for enforcement and oversight. The bill aims to safeguard U.S. agricultural interests while promoting accountability and monitoring of foreign investments in this sector.

• 2022-12-21: Filed

• 2023-03-02: Read first time

• 2023-03-02: Referred to State Affairs

• 2023-04-17: Posting rule suspended

• 2023-04-18: Scheduled for public hearing on . . .

• 2023-04-19: Considered in public hearing

• 2023-04-19: Testimony taken/registration(s) recorded in committee

• 2023-04-19: Left pending in committee