Senators Reintroduce Bill to Restrict China’s Purchases of US Farmland
Sens. Mike Rounds, R-S.D., and Catherine Cortez Masto, D-Nev., reintroduced a bill March 6 that would bar individuals and entities controlled by China, Russia, Iran and North Korea from buying agricultural land and businesses near U.S. military bases or other…
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sensitive sites. The Promoting Agriculture Safeguards and Security (PASS) Act would also add USDA to the Committee on Foreign Investment in the U.S. for agricultural transactions. The bill, whose co-sponsors include Senate Majority Leader John Thune, R-S.D., was referred to the Senate Banking Committee.