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To amend the Agricultural Foreign Investment Disclosure Act of 1978 to increase the minimum amount of a civil penalty imposed for violating such Act, and for other purposes.

USA118th CongressHR-1789| House 
| Updated: 3/24/2023
Mary E. Miller

Mary E. Miller

Republican Representative

Illinois

Agriculture Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill increases the minimum amount of a civil penalty for violating the Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA). (The regulations that implemented AFIDA require foreign investors who acquire, transfer, or hold an interest in U.S. agricultural land to report such holdings and transactions to the Department of Agriculture.) The bill requires that any AFIDA civil penalty be at least 50% of the fair market value of the interest in the agricultural land associated with the violation. Current law prohibits the civil penalty from exceeding 25% of the fair market value of the interest in the land.
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Timeline
Mar 24, 2023
Introduced in House
Mar 24, 2023
Referred to the House Committee on Agriculture.
  • March 24, 2023
    Introduced in House


  • March 24, 2023
    Referred to the House Committee on Agriculture.

Agriculture and Food

To amend the Agricultural Foreign Investment Disclosure Act of 1978 to increase the minimum amount of a civil penalty imposed for violating such Act, and for other purposes.

USA118th CongressHR-1789| House 
| Updated: 3/24/2023
This bill increases the minimum amount of a civil penalty for violating the Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA). (The regulations that implemented AFIDA require foreign investors who acquire, transfer, or hold an interest in U.S. agricultural land to report such holdings and transactions to the Department of Agriculture.) The bill requires that any AFIDA civil penalty be at least 50% of the fair market value of the interest in the agricultural land associated with the violation. Current law prohibits the civil penalty from exceeding 25% of the fair market value of the interest in the land.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 24, 2023
Introduced in House
Mar 24, 2023
Referred to the House Committee on Agriculture.
  • March 24, 2023
    Introduced in House


  • March 24, 2023
    Referred to the House Committee on Agriculture.
Mary E. Miller

Mary E. Miller

Republican Representative

Illinois

Agriculture Committee

Agriculture and Food

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted