Rep. Van Duyne Leads Legislation to Prevent China, Other Adversarial Nations From Acquiring American Farmland
June 10, 2023
June 10, 2023
WASHINGTON, June 10 -- Rep. Beth Van Duyne, R-Texas, issued the following news release on June 9, 2023:
Today, Congresswoman Beth Van Duyne (TX-24), a member of the House Committee on Ways and Means, introduced the Protecting American Farmland Act, which will prevent foreign adversaries from purchasing American farm and ranch land through a 60% excise tax paid by the buyer. Foreign ownership of U.S. farmland has risen steadily over the years, threatening the future of small family f . . .
Today, Congresswoman Beth Van Duyne (TX-24), a member of the House Committee on Ways and Means, introduced the Protecting American Farmland Act, which will prevent foreign adversaries from purchasing American farm and ranch land through a 60% excise tax paid by the buyer. Foreign ownership of U.S. farmland has risen steadily over the years, threatening the future of small family f . . .