1、 https:/crsreports.congress.gov November 18, 2021Foreign Farmland Ownership in the United StatesLegislation introduced in the 117th Congress seeks to restrict foreign investment and ownership of U.S. agricultural land. In 2019, foreign persons and entities held an interest in 2.7% of U.S. privately
2、owned agricultural landcovering crop, grazing, and forest landaccording to the U.S. Department of Agriculture (USDA). Other related legislation seeks to limit the eligibility of foreign persons and entities for USDA farm program benefits. Existing Federal Requirements Current law imposes no restrict
3、ions on the amount of private U.S. agricultural land that can be foreign owned. Federal law, however, requires foreign persons and entities to disclose to USDA information related to foreign investment and ownership of U.S. agricultural land. The Agricultural Foreign Investment Disclosure Act of 197
4、8 (AFIDA; P.L. 95-460, 7 U.S.C. 3501-3508) and its federal regulations (7 C.F.R. Part 781), implemented by USDA, established a nationwide system for the collection of information pertaining to foreign ownership of U.S. agricultural land (as defined at 7 C.F.R. 781.2). AFIDA defined a foreign person
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