Sen. Lankford Introduces Bill to Stop China From Buying US Farmland

U.S. Sen. James Lankford (R-Okla.) reintroduced bipartisan legislation to increase oversight and transparency of agricultural land purchases in the United States that threaten national security.
The bill, dubbed the Security and Oversight of International Landholdings (SOIL) Act, introduced on Wednesday, would close a “gap in federal law” on foreign entities’ ability to purchase agricultural land, Lankford told his colleagues in the Senate. (pdf)
The proposed legislation would deter criminal investments in U.S. agriculture by requiring the Committee on Foreign Investment in the United States (CFIUS) to review land purchases by certain foreign entities, banning federal assistance for such land purchases, and broadening disclosure agreements on land purchases by foreign entities, according to a press release on Thursday….}