H.R. 13132 (95th): Agricultural Foreign Investment Disclosure Act

Introduced:
Jun 14, 1978 (95th Congress, 1977–1978)
Status:
Died (Referred to Committee)
Sponsor
John Krebs
Representative for California's 17th congressional district
Party
Democrat
Related Bills
H.R. 13128 (identical)

Referred to Committee
Last Action: Jun 14, 1978

 
Status

This bill was introduced on June 14, 1978, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 14, 1978
Referred to Committee Jun 14, 1978
 
Full Title

A bill to require foreign persons who acquire, transfer, or hold interests in agricultural land to report such transactions and holdings to the Secretary of Agriculture and to direct the Secretary to analyze information contained in such reports and determine the effects such transactions and holdings have, particularly on family farms and rural communities, and for other purposes.

Summary

No summaries available.

Cosponsors
2 cosponsors (1D, 1R) (show)
Committees

House Agriculture

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


6/14/1978--Introduced.
Agricultural Foreign Investment Disclosure Act - Requires a report to the Secretary of Agriculture, containing legal name, address, citizenship, type of interest, and legal description of the land involved, and other specified information, from any foreign person (including individuals, organizations, governments, or any combination thereof) who holds, acquires, or transfers any interest, other than a security interest, in agricultural land.
Establishes a civil penalty for violation of any provision of this Act in an amount not to exceed 25 percent of the fair market value of the land interest involved on the date of the penalty assessment.
Requires the Secretary to report to the President and to Congress an analysis of the information obtained by him pursuant to this Act, and a determination of the effects of foreign holdings, acquisitions, and transfers on family farms and rural communities.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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