,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hebb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,octob] #b1 #bjbj,mr4 
,pocan 7= himself & ,mr4 ,san ,nicolas7 
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,agriculture  ,a ,,bill
  ,to am5d ! ,agricultural ,=eign       
,inve/m5t ,disclosure ,act ( #aigh to   
increase ov]sight & en=cem5t ) respect  
to =eign inve/m5t 9 agricultural l&s )9 
! ,unit$ ,/ates1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,agricultural ,=eign ,inve/m5t          
,disclosure ,re=m ,act4  #b4 ,annual    
reports to ! ,secret>y ,section #b7;b7 (
 ! ,agricultural ,=eign ,inve/m5t       
,disclosure ,act ( #aigh 7#g ,u4,s4,c4  
#ceja7;b77 is am5d$1 9 ! matt] prec$+   
p>agraph 7#a71 by /rik+ agricultural l& 
& all t foll[s ?r\gh effective date4 &  
ins]t+ ! foll[+3 agricultural l& on !   
day be=e ! date ( ! enactm5t ( !        
,agricultural ,=eign ,inve/m5t          
,disclosure ,re=m ,act %all1 beg9n+ #ahj
 days aft] su* date ( enactm5t1 &       

annually !reaft]1 submit to ! ,secret>y 
a report44  #c4 ,reports to ,congress ,!
 ,agricultural ,=eign ,inve/m5t         
,disclosure ,act ( #aigh is am5d$ by    
ins]t+ aft] section #d 7#g ,u4,s4,c4    
#cejc7 ! foll[+3  #e4 ,reports to       
,congress  7a7 ,beg9n+ #ahj days aft] ! 
date ( ! enactm5t ( ! ,agricultural     
,=eign ,inve/m5t ,disclosure ,re=m ,act1
 & annually !reaft]1 ! ,secret>y %all1  
us+ in=mation obta9$ "u section #b1     
submit to ! ,congress a report on =eign 
inve/m5t 9 agricultural l& 9 ! ,unit$   
,/ates4  7b7 ,beg9n+ #ij days aft] !    
date ( ! enactm5t ( ! ,agricultural     
,=eign ,inve/m5t ,disclosure ,re=m ,act1
 ! ,secret>y %all1 us+ in=mation obta9$ 
"u section #b1 publi% on ! int]net      
website ( ! ,dep>tm5t ( ,agriculture1 & 
update e #ij days !reaft]1 a database   
li/+ ! agricultural l&s own$ by =eign   
p]sons4 ,su* li/+ %all be limit$ to !   
in=mation describ$ 9 p>agraphs 7#a71    
7#c71 7#d71 7#e71 & 7#g7 ( section      
#b7;b74  7c7 7#a7 ,n lat] ?an #ij days  

aft] ! end ( ea* cov]$ p]iod1 !         
,secret>y %all-- 7,a7 analyze in=mation 
obta9$ by ! ,secret>y "u section #b &   
det]m9e ! effects ( =eign p]sons        
acquir+1 transf]r+1 & hold+ agricultural
 l&1 p>ticul>ly ! effects ( su*         
acquisitions1 transf]s1 & hold+s on     
family f>ms & rural communities2 &  7,b7
 transmit to ! ,presid5t & ea* ,h\se ( !
 ,congress a report on ! ,secret>y's    
f9d+s & conclusions reg>d+-- 7i7 ea*    
analysis & det]m9ation made "u p>agraph 
7#a72 &  7ii7 ! effectiv5ess & effici5cy
 ( ! report+ requirem5ts conta9$ 9      
section #b 9 provid+ ! in=mation requir$
 to be report$ by su* section4  7#b7 ,9 
?is subsection1 ! t]m cov]$ p]iod means 
ea* ( ! foll[+ p]iods3 7,a7 ,! #aj-ye>  
p]iod beg9n+ on ! date ( ! enactm5t (   
,agricultural ,=eign ,inve/m5t          
,disclosure ,re=m ,act4  7,b7 ,ea*      
#aj-ye> p]iod !reaft]4  4  #d4 ,civil   
p5alty = failure to report or misreport+
 ,section #c7;b7 ( ! ,agricultural      
,=eign ,inve/m5t ,disclosure ,act (     

#aigh 7#g ,u4,s4,c4 #cejb7;b77 is am5d$ 
by /rik+ 1 except t su* am\nt %all n    
exce$ #be p]c5t ( ! fair m>ket value1 on
 ! date ( ! assessm5t ( su* p5alty1 ( ! 
int]e/ 9 agricultural l& ) respect to   
:i* su* violation occurr$4  #e4         
,cl>ification ( =eign p]son def9ition   
7a7 ,9 g5]al ,section #i7c77;,c77ii7 ( !
 ,agricultural ,=eign ,inve/m5t         
,disclosure ,act ( #aigh 7#g ,u4,s4,c4  
#cejh7c77;,c77ii77 is am5d$1 9 ! matt]  
prec$+ subclause 7,i71 by /rik+ a       
significant int]e/ or sub/antial control
 & ins]t+ n less ?an #be-p]c5t int]e/ or
 n less ?an #be-p]c5t control4  7b7     
,effective date ,! am5dm5t made by      
subsection 7a7 %all apply beg9n+ ) !    
fir/ report submitt$ "u section #b ( !  
,agricultural ,=eign ,inve/m5t          
,disclosure ,act ( #aigh 7#g ,u4,s4,c4  
#ceja7 aft] ! date ( ! enactm5t ( ?is   
,act4