Legislation to Limit Foreign Land Ownership Introduced to U.S. House of Representatives

Legislation that would limit foreign purchases of U.S. farmland has been introduced to the U.S. House of Representatives. The House Select Committee on the Chinese Communist Party (CCP) introduced the Protecting U.S. Farmland and Sensitive Sites from Foreign Adversaries Act.

The bill would allow the Committee on Foreign Investment in the U.S. to oversee potential foreign land purchases and the Secretary of Agriculture to vote on transactions involving farmland or agricultural technology. USDA data shows China owns more than 191,000 acres of U.S. land. However, most foreign-owned is owned by Canada (32%), Netherlands (13%), Italy (7%), United Kingdom (6%), Germany (5%), and China (1%).

Read more on efforts to limit foreign adversary land purchases here.