Bill > S2574

This bill aims to prohibit individuals or entities associated with specific foreign governments (North Korea, Iran, China, and Russia) from purchasing agricultural land in the United States and participating in most Department of Agriculture programs. The bill defines agricultural land according to the Agricultural Foreign Investment Disclosure Act and broadly interprets "United States" to include all states, territories, and possessions. The President is authorized to use powers under the International Economic Powers Act to enforce these prohibitions, with potential penalties for violations including fines and other economic sanctions. Covered persons would be banned from buying public or private agricultural and ranching land, though they would still be allowed to participate in food inspection and food safety regulatory programs. The bill represents a national security measure designed to limit foreign adversaries' ability to acquire U.S. agricultural assets and potentially influence the country's food production and agricultural infrastructure.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/2574/all-info