Last progress June 5, 2025 (6 months ago)
Introduced on June 5, 2025 by John Peter Ricketts
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
This bill tightens the rules for reporting foreign ownership of U.S. farmland. Any foreign person who owns at least 1% of a piece of farmland must file a report, even if that stake is held through layers of companies. The U.S. Department of Agriculture will also step up checks to make sure the data is correct and to find people who fail to follow the rules. A USDA business center will validate the data and work with the Farm Service Agency to spot violations .
The bill also improves how the government shares and manages this information. USDA must make an agreement with the federal committee that reviews foreign investments so it can share all relevant farmland ownership reports. USDA must update its handbook to follow recent watchdog recommendations and keep it updated over time. If an online filing system for these reports is not up and running within a year, USDA has to map out the steps and timeline to build it .