,,ii #aah? ,,congress #a/ ,session ,s4 #bchb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ai1 #bjbc,ms4 ,baldw9 7= h]self & ,mr4 ,grassley7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,,bill ,to am5d ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh to remove ! limitation on ! am\nt ( a civil p5alty1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,f>ml& ,security ,act ( #bjbc4 #b4 ,improv+ agricultural =eign inve/m5t disclosure 7a7 ,civil p5alty ,section #c ( ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #cejb7 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ ! second s5t5ce2 7#b7 9 subsection 7b7-- 7,a7 by /rik+ ,! am\nt & ins]t+ ,except z provid$ 9 subsection 7c71 ! am\nt2 & 7,b7 by /rik+ ,act1 & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ ,act42 & 7#c7 by add+ at ! end ! foll[+3 7c7 ,p5alty = %ell corporations 7#a7 ,def9ition ( %ell corporation ,9 ?is subsection1 ! t]m %ell corporation means a corporation1 company1 association1 firm1 p>tn]%ip1 society1 jo9t /ock company1 tru/1 e/ate1 or any o!r legal entity t has no or nom9al op]ations4 7#b7 ,am\nt ( p5alty ,! am\nt ( a civil p5alty "u subsection 7a7 = a =eign-own$ %ell corporation1 z det]m9$ by ! ,secret>y1 %all be #ajj p]c5t ( ! fair m>ket value1 on ! date ( ! assessm5t ( ! p5alty1 ( ! int]e/ 9 agricultural l& ) respect to :i* ! violation occurr$4 7#c7 ,nonapplication ( p5alty ,a %ell corporation %all n be subject to a civil p5alty "u ?is section if ! %ell corporation rem$ies a defective fil+ or failure to file n lat] ?an #fj days aft] ! ,secret>y provides notice to ! %ell corporation ( ! defective fil+ or failure to file4 4 7b7 ,inve/igative actions ,section #d ( ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #cejc7 is am5d$-- 7#a7 by /rik+ ,! ,secret>y & ins]t+ ! foll[+3 7a7 ,9 g5]al ,! ,secret>y 2 & 7#b7 by add+ at ! end ! foll[+3 7b7 ,audit ,! ,secret>y %all conduct an annual compliance audit ( n less ?an #aj p]c5t ( ! reports submitt$ "u section #b = ! ye> cov]$ by ! audit to ensure ! complet5ess & accuracy ( reports submitt$ "u t section4 7c7 ,tra9+ ,! ,secret>y %all provide annual tra9+ to ,/ate & c\nty-level p]sonnel relat+ to id5tify+ agricultural l& = :i*-- 7#a7 a report is requir$ to be submitt$ "u section #b2 b 7#b7 no report has be5 submitt$ by ! applicable =eign p]son4 4 7c7 ,reports ,section #f ( ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #ceje7 is am5d$-- 7#a7 by /rik+ ! section designation & head+ & all t foll[s ?r\gh ,n lat] ?an & ins]t+ ! foll[+3 #f4 ,reports 7a7 ,to ,/ates ,n lat] ?an 2 & 7#b7 by add+ at ! end ! foll[+3 7b7 ,to ,congress 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ! ,f>ml& ,security ,act ( #bjbc1 & annually !reaft]1 ! ,secret>y %all submit to ,congress a report describ+ ! results ( ! rese>* c>ri$ out "u p>agraph 7#b74 7#b7 ,rese>* ,! ,secret>y %all c>ry out rese>* on-- 7,a7 ! agricultural leas+ activities 9 ! ,unit$ ,/ates ( =eign p]sons1 includ+ ! impact ( ^? activities on family f>ms1 rural communities1 & ! dome/ic food supply2 7,b7 tr5ds relat+ to ! pur*ase ( agricultural l& 9 ! ,unit$ ,/ates by =eign-own$ %ell corporations2 & 7,c7 =eign own]%ip ( agricultural production capacity & =eign p>ticipation 9 agricultural economic activity 9 ! ,unit$ ,/ates4 4 7d7 ,au?orization ( appropriations ,! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #ceja et seq47 is am5d$ by add+ at ! end ! foll[+3 #aa4 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ?is ,act #b1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbh4 4