Bill > HR1629

This bill, known as the Farmland Security Act of 2025, amends the Agricultural Foreign Investment Disclosure Act of 1978 to enhance oversight and reporting of foreign ownership of agricultural land in the United States. The bill introduces several key provisions: it removes previous limitations on civil penalties for foreign entities failing to disclose agricultural land investments, with a particularly stringent penalty for shell corporations (defined as entities with no or nominal operations) that would face a civil penalty equal to 100% of the fair market value of the agricultural land in question. The bill also mandates an annual compliance audit of at least 10% of submitted reports to ensure accuracy, requires the Secretary of Agriculture to provide annual training to state and county personnel for identifying unreported foreign land acquisitions, and calls for comprehensive research and reporting to Congress on foreign agricultural leasing activities, shell corporation land purchases, and foreign ownership of agricultural production capacity. Additionally, the bill authorizes $2 million in appropriations annually from 2025 to 2030 to support these new requirements, with the goal of increasing transparency and understanding of foreign investment in U.S. agricultural land.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/house-bill/1629/all-info