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S. 886IntroducedSenate · nowHousePresidentLawIn committee
Sec. 6 · S. 886

Digitization and consolidation of foreign land ownership data

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(a) Definitions In this section: (1) Agricultural land The term agricultural land has the meaning given the term in section 781.2 of title 7, Code of Federal Regulations (as in effect on the date of enactment of this Act). (2) Appropriate committees of Congress In this section, the term appropriate committees of Congress has the meaning given the term in section 3(a). (3) Database The term database means the database developed under subsection (b). (4) Foreign person The term foreign person has the meaning given the term in section 9 of the Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C. 3508). (5) Secretaries The term Secretaries means— (A) the Secretary of Agriculture; and (B) the Secretary of Homeland Security. (b) Database Subject to the availability of appropriations, not later than 3 years after the date of enactment of this Act, the Secretaries, acting jointly, shall develop a database of agricultural land owned by foreign persons, using data that are— (1) collected— (A) pursuant to the Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C. 3501 et seq.); and (B) from FSA–153 forms submitted to the Farm Service Agency; and (2) publicly available. (c) Contents Each entry in the database for each registration or updated registration of agricultural land owned by a foreign person shall include information in the applicable FSA–153 form. (d) Audit Not later than 180 days after the database is made publicly available, and annually thereafter, the Chief of Operations for Investigative Actions appointed under section 4 of the Agricultural Foreign Investment Disclosure Act of 1978 shall— (1) conduct an audit of the database; and (2) submit to the appropriate committees of Congress a report— (A) evaluating the accuracy of the database; and (B) describing recommendations for improving compliance with the reporting required under the Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C. 3501 et seq.).

Sec. 6: Digitization and consolidation of foreign land ownership data · Public Law Tracker