AFIDA Improvements Act of 2025
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The AFIDA Improvements Act of 2025 aims to strengthen the Agricultural Foreign Investment Disclosure Act of 1978 by expanding reporting requirements. Specifically, it requires reporting to be triggered when more than one foreign person holds at least 1% ownership in agricultural land. The bill also enhances enforcement capabilities by creating a dedicated Farm Production and Conservation Business Center to validate data and ensure compliance, and establishes a memorandum of understanding between the Secretary of Agriculture and the Committee on Foreign Investment in the United States to share information about foreign ownership of agricultural land.
Key provisions
- Expands AFIDA reporting to include foreign persons holding at least 1% interest in agricultural land.
- Creates a Farm Production and Conservation Business Center (FPAC–BC) to validate data and ensure compliance with reporting requirements.
- Establishes a memorandum of understanding between the Secretary of Agriculture and the Committee on Foreign Investment in the United States (CFIUS) for information sharing.
- Requires the Secretary to update the Farm Service Agency handbook on foreign investment disclosures.
- Directs an analysis of a streamlined electronic submission process for AFIDA reports.
- Mandates the FPAC-BC to identify individuals who have violated AFIDA regulations.
- Requires the Secretary to provide the Committee on Foreign Investment in the United States with relevant information from AFIDA reports.
- Updates the AFIDA handbook to incorporate recommendations from a Government Accountability Office report.
Bill text
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