Congress Proposes Ban on China and Russia Buying U.S. Farmland Near Military Bases
Also known as: PASS Act
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Movement to ban Chinese farmland purchases near military bases gains steam in the Senate
The PASS Act, led by Sen. Mike Rounds (R-S.D.), is gaining bipartisan support to prevent entities from China, North Korea, Russia, and Iran from purchasing agricultural land near military bases or sensitive sites while adding the Agriculture secretary to CFIUS.
U.S. to ban Chinese purchases of farmland, citing national security
Agriculture Secretary Brooke Rollins announced a nationwide ban on farmland sales to buyers linked to China and other foreign adversaries, citing threats to food and national security. The plan includes potential 'clawbacks' of land already owned by Chinese investors.
House passes bill to crack down on China farmland purchases
The House passed legislation to ramp up oversight of foreign farmland purchases, making permanent a measure that adds the Agriculture secretary to the Committee on Foreign Investment in the United States (CFIUS) to review acquisitions by foreign adversaries.