Bill > HR6580

This bill, the Land And National Defense Act (LAND Act), seeks to restrict foreign purchasers of agricultural land in the United States. The key provisions are: 1. Foreign purchasers of agricultural land will be subject to the same restrictions and limitations as U.S. citizens or nationals would face in the purchaser's home country when buying agricultural land. 2. The bill establishes a Task Force, called the U.S. Land Protection Task Force, to identify violations of the restrictions on foreign purchasers. 3. The Task Force, composed of representatives from various government agencies, is required to submit regular reports to Congress on the percentage of agricultural land sold to foreign purchasers, the states where the land is located, the average purchase cost, the title history, and whether any of the land is within 100 miles of a military installation. 4. The bill defines "agricultural land" and "foreign purchaser" for the purposes of the Act. Overall, the LAND Act aims to ensure that foreign purchasers of U.S. agricultural land are subject to the same restrictions as U.S. citizens would face in the purchaser's home country, in the interest of national security and land protection.