This bill would require a foreign purchaser of agricultural land in the United States to follow the same restrictions and limits that a U.S. citizen would face when buying land in the purchaser's home country. It also requires the purchaser to follow any State laws that apply to agricultural land purchases. Sellers must report sales of agricultural land to the Secretary of Agriculture. The bill creates a U.S. Land Protection Task Force chaired by the Secretary of Agriculture and including the Committee on Foreign Investment in the United States, the Department of Justice National Security Division, and the Secretary of State. The Task Force would identify violations, decide which country counts as a purchaser's home country in cases of multiple citizenship or complex companies, and submit reports to Congress every 6 months with information on sales, locations, average costs, title history, and whether land is within 100 miles of a military installation. The bill uses the Agricultural Foreign Investment Disclosure Act definition of "agricultural land" and defines "foreign purchaser" to include foreign persons and U.S. citizens who are also citizens of another country.
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