REP. BACON INTRODUCES BIPARTISAN BILL FOCUSED ON CHINA’S PURCHASE OF FARMLAND

OMAHA — Nebraska Rep. Don Bacon sponsored a bipartisan legislation effort introduced Monday to address concerns about foreign farmland ownership.

H.R. 4362, or AFIDA Improvements Act, seeks to “amend the Agricultural Foreign Investment Disclosure Act of 1978 to establish an additional reporting requirement, and for other purposes.” 

Rep. Ashley Hinson (R-Iowa) was among other representatives who signed on to the bill.

According to a statement released by Bacon’s office on Wednesday, the legislation aims to address concerns from the growing purchases of farmland by the Chinese Communist Party.

Specifically, Bacon (R-Neb.) said, the bill would change the existing act to provide timely, detailed information on foreign investments in agricultural land transactions. 

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