U.S. Sen. GRASSLEY, Baldwin: Introduce legislation to scrutinize foreign-owned American farmland and protect rural communities

The Farmland Security Act of 2023 ensures that all foreign investors, including “shell companies,” who buy American agriculture land report their holding, strengthening penalties for those who evade filing, and investing in research to better understand the impact foreign ownership of American farmland and agricultural production capacity has on our domestic food supply, family farms, and rural communities.

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