What does Preamble of HR 4362 do?

This bill amends the Agricultural Foreign Investment Disclosure Act of 1978. The amendment establishes an additional reporting requirement. The bill is referred to the Committee on Agriculture.

What does SHORT TITLE. of HR 4362 do?

This bill is formally titled the AFIDA Improvements Act of 2025.

What does REPORTING; ENFORCEMENT. of HR 4362 do?

This section amends the Agricultural Foreign Investment Disclosure Act of 1978. It modifies the reporting requirements for agricultural land acquisitions by foreign persons, requiring reporting for those holding at least a 1 percent interest. The reporting requirement applies to interests held directly or through tiered entities. It revises enforcement provisions, designating a new section titled 'Investigative Actions'. The Farm Production and Conservation Business Center (FPAC-BC) is tasked with validating data collected under section 2 and ensuring compliance with section 2(g). FPAC-BC, in coordination with the Farm Service Agency, will identify individuals subject to civil penalties.

What does AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE IMPROVEMENTS. of HR 4362 do?

This section establishes improvements related to the Agricultural Foreign Investment Disclosure Act (AFIDA) of 1978. The Secretary of Agriculture is required to enter into memoranda of understanding (MOUs) with the Committee on Foreign Investment in the United States (CFIUS) to share information from AFIDA reports. The Secretary must update the Farm Service Agency handbook entitled 'Foreign Investment Disclosure' within one year of the Act's enactment, incorporating recommendations from a 2024 Government Accountability Office (GAO) report. Subsequent updates to the handbook must occur every 10 years, also incorporating GAO recommendations. The Farm Production and Conservation Business Center (FPAC-BC) is tasked with analyzing and developing a timeline for a streamlined electronic submission process for AFIDA reports, as required by the Consolidated Appropriations Act, 2023. If the streamlined process is not established within one year, the FPAC-BC must conduct an analysis and develop a timeline.

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AFIDA Improvements Act of 2025 — HR. 4362

Last updated: 7/14/2025 · Introduced: 7/14/2025

Author: Don Bacon (R-NE)

TL;DR (AI)

This bill amends the Agricultural Foreign Investment Disclosure Act of 1978 to require reporting of agricultural land acquisitions by foreign persons holding at least a 1 percent interest, including those holding interests through tiered entities.
The Secretary of Agriculture must share AFIDA report information with the Committee on Foreign Investment in the United States (CFIUS) and update the 'Foreign Investment Disclosure' handbook every 10 years based on Government Accountability Office (GAO) recommendations.
The Farm Production and Conservation Business Center (FPAC-BC) will validate AFIDA data, identify individuals subject to civil penalties, and work towards a streamlined electronic submission process for AFIDA reports.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 2 more.

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