- Record: Senate Floor
- Section type: Amendments
- Chamber: Senate
- Date: June 24, 2026
- Congress: 119th Congress
- Why this source matters: This section came from the Senate floor portion of the record.
SA 6450. Mr. LANKFORD submitted an amendment intended to be proposed by him to the bill S. 4784, to authorize appropriations for fiscal year 2027 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place in title X, insert the following:
SEC. 10. SOIL ACT OF 2026.
(a) Short Title.—This section may be cited as the
“Security and Oversight for International Landholdings Act
of 2026” or the “SOIL Act of 2026”.
(b) Review by Committee on Foreign Investment in the United
States of Certain Agricultural Real Estate Transactions.—
Section 721(a)(4) of the Defense Production Act of 1950 (50
U.S.C. 4565(a)(4)) is amended—
(1) in subparagraph (A)—
(A) in clause (i), by striking “; and” and inserting a
semicolon;
(B) in clause (ii), by striking the period at the end and
inserting “; and”; and
(C) by adding at the end the following:
“(iii) any transaction described in clause (vi) or (vii)
of subparagraph (B) proposed or pending on or after the date
of the enactment of this clause.”; and
(2) in subparagraph (B), by adding at the end the
following:
“(vi) Any acquisition or transfer of an interest, other
than a security, in agricultural land held by a person that
is a national of, or is organized under the laws or otherwise
subject to the jurisdiction of, a country—
“(I) designated as a nonmarket economy country pursuant to
section 771(18) of the Tariff Act of 1930 (19 U.S.C.
1677(18)); or
“(II) identified as a country that poses as risk to the
national security of the United States in the most recent
annual report on worldwide threats issued by the Director of
National Intelligence pursuant to section 108B of the
National Security Act of 1947 (50 U.S.C. 3043b)(commonly
known as the `Annual Threat Assessment').”.
(c) Review by Committee on Foreign Investment in the United
States of Real Estate Transactions Near Military
Installations.—Section 721(a)(4)(B) of the Defense
Production Act of 1950 (50 U.S.C. 4565(a)(4)(B)), as amended
by section 2, is amended by adding at the end the following:
“(vii) Any acquisition or transfer of an interest, other
than a security, in any form of real estate that is located
not more than 50 miles from a site listed in Appendix A to
part 802 of title 31, Code of Federal Regulations or other
military installation (as that term is defined in section
802.227 of title 31, Code of Federal Regulations) other than
residential property held by a person that is a national of,
or is organized under the laws or otherwise subject to the
jurisdiction of, a country—
“(I) designated as a nonmarket economy country pursuant to
section 771(18) of the Tariff Act of 1930 (19 U.S.C.
1677(18)); or
“(II) identified as a country that poses as risk to the
national security of the United States in the most recent
annual report on worldwide threats issued by the Director of
National Intelligence pursuant to section 108B of the
National Security Act of 1947 (50 U.S.C. 3043b)(commonly
known as the `Annual Threat Assessment').”.
(d) Prohibition on Use of Funds for Certain Agricultural
Real Estate Holdings.—No assistance, including subsidies,
may be provided by any Federal agency to a person for an
agricultural real estate holding wholly or partly owned by a
person that is a national of, or is organized under the laws
or otherwise subject to the jurisdiction of, a country—
(1) designated as a nonmarket economy country pursuant to
section 771(18) of the Tariff Act of 1930 (19 U.S.C.
1677(18)); or
(2) identified as a country that poses as risk to the
national security of the United States in the most recent
annual report on worldwide threats issued by the Director of
National Intelligence pursuant to section 108B of the
National Security Act of 1947 (50 U.S.C. 3043b)(commonly
known as the “Annual Threat Assessment”).