H.R. 6580 · 118th Congress
LAND Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RosendaleSponsor6 cosponsors · 6 R
4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires that a foreign purchaser of agricultural land be subject to the same restrictions and limitations as a U.S. citizen or national would be subject to when purchasing agricultural land in the foreign purchaser's home country.
What it does: CRS summary · Introduced in House · Dec 4, 2023
Land And National Defense Act or the LAND Act
This bill requires that a foreign purchaser of agricultural land be subject to the same restrictions and limitations as a U.S. citizen or national would be subject to when purchasing agricultural land in the foreign purchaser's home country.
The bill applies to all foreign purchasers, including U.S. citizens who are also a citizen of one or more other countries (e.g., a dual citizen).
For a foreign company purchasing agricultural land, a country is treated as the company's home country if (1) it has the most restrictive laws with respect to the purchasing of agricultural land, and (2) the citizens of the country hold at least 5% of the company.
The seller of the agricultural land to a foreign purchaser must report the sale to the Department of Agriculture (USDA). Further, USDA must notify certain Members of Congress of the sale, including (1) the Senators from the state in which the agricultural land is located, and (2) the Representative from the congressional district where the land is located.
In addition, the bill establishes the U.S. Land Protection Task Force, chaired by the Secretary of Agriculture, to identify violations of these restrictions on foreign agricultural land purchasers.
The task force must submit a report to Congress every six months, which must include specific information on the sale of agricultural land to foreign purchasers.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: LAND Act
Also known as: Land And National Defense Act
Latest action (Dec 4, 2023): Referred to the House Committee on Agriculture.
Policy area: Agriculture and Food · Origin: House · Introduced: Dec 4, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.