The U.S. Senate has voted to ban foreign adversaries from purchasing U.S. farmland and agricultural businesses.
The amendment, passed by a 91-7 vote late Tuesday, will be included in the Senate version of the Fiscal Year 2024 National Defense Authorization Act. Iowa Republican Chuck Grassley tells Brownfield it specifically prohibits investments from China, Russia, North Korea, and Iran.
“The significance is the most important thing,” he said during a press call Wednesday morning, “that the United States is fearful of our enemies investing in our country.
Foreign ag land ownership amendment passed by U.S. Senate
