Senator Tries Again to Increase Scrutiny of Foreigners Buying US Farms
Sen. James Lankford, R-Okla., announced March 17 that he has reintroduced a bill to require the Committee on Foreign Investment in the U.S. to review agricultural land purchases by certain foreign entities, including those from China and Russia. The Security…
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and Oversight for International Landholdings Act also would broaden disclosure requirements for foreign purchases of U.S. farmland. The bill, which Lankford originally introduced in the last Congress, was referred to the Senate Agriculture Committee.