SB3666: AFIDA Improvements Act of 2024
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to amend the Agricultural Foreign Investment Disclosure Act of 1978 to establish an additional reporting requirement, and for other purposes.
Plain-language summary
This bill modifies the Agricultural Foreign Investment Disclosure Act of 1978, a law requiring disclosure when foreign persons or entities buy agricultural land in the United States. The bill adds new reporting requirements to the existing disclosure system. The law currently requires foreign investors to report their agricultural land purchases to the U.S. Department of Agriculture. The bill was introduced in Congress with broad bipartisan support from senators. It currently awaits review.
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SB3666: AFIDA Improvements Act of 2024
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Sponsors
Mike Braun
Primary SponsorCo-sponsors (25)
Jon Tester
Joni Ernst
Sherrod Brown
Roger Marshall
John Fetterman