Bill > S926

This bill, the Protecting America's Agricultural Land from Foreign Harm Act of 2023, seeks to prohibit the purchase or lease of agricultural land in the United States by persons associated with certain foreign governments, namely Iran, North Korea, China, and Russia. The bill defines "agricultural land" broadly to include land used for ranching, and "covered persons" as those owned, controlled by, or subject to the jurisdiction of those foreign governments. The bill grants the President authority to implement this prohibition using the International Emergency Economic Powers Act, and imposes penalties for violations. Additionally, the bill prohibits participation in USDA programs by covered persons who own or lease agricultural land in the U.S. The bill also amends the Agricultural Foreign Investment Disclosure Act to enhance transparency and reporting requirements around foreign ownership of agricultural land.

Agriculture and Natural Resources

https://www.congress.gov/bill/118th-congress/senate-bill/926/all-info