HR 1789 United States House · 118th Congress

To amend the Agricultural Foreign Investment Disclosure Act of 1978 to increase the minimum amount of a civil penalty imposed for violating such Act, and for other purposes.

HR 1789 increases the minimum civil penalty for violating the Agricultural Foreign Investment Disclosure Act (AFIDA) from 25% to 50% of the amount involved in the violation. This change directly affects foreign entities or individuals investing in U.S. agricultural land or businesses who fail to disclose such investments. The bill amends Section 3(b) of AFIDA to require penalties to be "at least 50 percent" rather than capping them at 25 percent. This policy adjustment raises the baseline financial consequence for noncompliance with disclosure requirements.
Tags: Agriculture
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 24, 2023 Last action Mar 24, 2023
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Committee
1
Mar 24, 2023
House · Referred to committee
Referred to the House Committee on Agriculture.
Mar 24, 2023
House · Introduced
Introduced in House
1 primary · 0 co-sponsors

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Role
Legislator
Party
State
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P
Photo of Mary E. Miller
Mary E. Miller
RRepublican
IL
15