Bill > HR1184

This bill aims to prevent foreign countries, particularly those on the State Department's Defense Trade Control Country Policies List (which includes China and Russia), from purchasing agricultural land in the United States. Specifically, the bill requires states to pass laws that prohibit foreign countries from buying agricultural land and mandate that existing foreign landowners submit annual reports about their holdings. To incentivize state compliance, the bill stipulates that states without such laws will be ineligible to receive funds from a list of over 16 specific federal programs, which include environmental, energy, agricultural, and climate-related initiatives. The bill also mandates two key reports: one from the Secretary of Agriculture about updating the Agricultural Foreign Investment Disclosure Act to improve tracking of foreign land investments, and another from the Government Accountability Office (GAO) assessing the national security implications of the bill and recommending measures to protect U.S. real estate from foreign manipulation. The bill defines agricultural land and foreign persons using existing legal definitions and aims to create a mechanism for monitoring and restricting foreign land ownership, with a particular focus on countries perceived as potential national security risks.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/house-bill/1184/all-info