,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #hebb  ,,in ,,the ,,house ,,of  
,,representatives  ,october #b1         
#bjbj,mr4 ,pocan 7for himself and ,mr4  
,san ,nicolas7 introduced the following 
bill2 which was referred to the         
,committee on ,agriculture  ,a ,,bill   
,to amend the ,agricultural ,foreign    
,investment ,disclosure ,act of #aigh to
 increase oversight and enforcement with
 respect to foreign investment in       
agricultural lands within the ,united   
,states1 and for other purposes4  #a4   
,short title ,this ,act may be cited as 
the ,agricultural ,foreign ,investment  
,disclosure ,reform ,act4  #b4 ,annual  
reports to the ,secretary ,section      
#b7;b7 of the ,agricultural ,foreign    
,investment ,disclosure ,act of #aigh   
7#g ,u4,s4,c4 #ceja7;b77 is amended1 in 
the matter preceding paragraph 7#a71 by 
striking agricultural land and all that 
follows through effective date4 and     
inserting the following3 agricultural   
land on the day before the date of the  

enactment of the ,agricultural ,foreign 
,investment ,disclosure ,reform ,act    
shall1 beginning #ahj days after such   
date of enactment1 and annually         
thereafter1 submit to the ,secretary a  
report44  #c4 ,reports to ,congress ,the
 ,agricultural ,foreign ,investment     
,disclosure ,act of #aigh is amended by 
inserting after section #d 7#g ,u4,s4,c4
 #cejc7 the following3  #e4 ,reports to 
,congress  7a7 ,beginning #ahj days     
after the date of the enactment of the  
,agricultural ,foreign ,investment      
,disclosure ,reform ,act1 and annually  
thereafter1 the ,secretary shall1 using 
information obtained under section #b1  
submit to the ,congress a report on     
foreign investment in agricultural land 
in the ,united ,states4  7b7 ,beginning 
#ij days after the date of the enactment
 of the ,agricultural ,foreign          
,investment ,disclosure ,reform ,act1   
the ,secretary shall1 using information 
obtained under section #b1 publish on   
the internet website of the ,department 

of ,agriculture1 and update every #ij   
days thereafter1 a database listing the 
agricultural lands owned by foreign     
persons4 ,such listing shall be limited 
to the information described in         
paragraphs 7#a71 7#c71 7#d71 7#e71 and  
7#g7 of section #b7;b74  7c7 7#a7 ,not  
later than #ij days after the end of    
each covered period1 the ,secretary     
shall-- 7,a7 analyze information        
obtained by the ,secretary under section
 #b and determine the effects of foreign
 persons acquiring1 transferring1 and   
holding agricultural land1 particularly 
the effects of such acquisitions1       
transfers1 and holdings on family farms 
and rural communities2 and  7,b7        
transmit to the ,president and each     
,house of the ,congress a report on the 
,secretary's findings and conclusions   
regarding-- 7i7 each analysis and       
determination made under paragraph 7#a72
 and  7ii7 the effectiveness and        
efficiency of the reporting requirements
 contained in section #b in providing   

the information required to be reported 
by such section4  7#b7 ,in this         
subsection1 the term covered period     
means each of the following periods3    
7,a7 ,the #aj-year period beginning on  
the date of the enactment of            
,agricultural ,foreign ,investment      
,disclosure ,reform ,act4  7,b7 ,each   
#aj-year period thereafter4  4  #d4     
,civil penalty for failure to report or 
misreporting ,section #c7;b7 of the     
,agricultural ,foreign ,investment      
,disclosure ,act of #aigh 7#g ,u4,s4,c4 
#cejb7;b77 is amended by striking 1     
except that such amount shall not exceed
 #be percent of the fair market value1  
on the date of the assessment of such   
penalty1 of the interest in agricultural
 land with respect to which such        
violation occurred4  #e4 ,clarification 
of foreign person definition  7a7 ,in   
general ,section #i7c77;,c77ii7 of the  
,agricultural ,foreign ,investment      
,disclosure ,act of #aigh 7#g ,u4,s4,c4 
#cejh7c77;,c77ii77 is amended1 in the   

matter preceding subclause 7,i71 by     
striking a significant interest or      
substantial control and inserting not   
less than #be-percent interest or not   
less than #be-percent control4  7b7     
,effective date ,the amendment made by  
subsection 7a7 shall apply beginning    
with the first report submitted under   
section #b of the ,agricultural ,foreign
 ,investment ,disclosure ,act of #aigh  
7#g ,u4,s4,c4 #ceja7 after the date of  
the enactment of this ,act4