Loading Map…
Introduced on July 14, 2025 by Donald J. Bacon
This proposal tightens how the government tracks foreign ownership of U.S. farmland. If more than one foreign person owns or transfers an interest in a piece of farm land, each foreign person with at least a 1% stake—directly or through layers of companies—must file a report. The U.S. Department of Agriculture (USDA) would validate these reports, make sure people follow the rules, and work with the Farm Service Agency to spot violations. USDA would also share these ownership reports with the federal committee that reviews foreign investments (CFIUS) within one year, using a formal data‑sharing agreement. USDA must update its guidance handbook within a year, and then every 10 years, using recommendations from a January 18, 2024 Government Accountability Office report. If a streamlined electronic filing system isn’t in place within a year, USDA must map out the steps and timeline and report that plan to Congress.
Key points