IOWA FOURTH DISTRICT CONGRESSMAN RANDY FEENSTRA IS INTRODUCING A BILL THAT WOULD INCREASE THE FEDERAL GOVERNMENT’S MONITORING OF FARMLAND PURCHASES BY FOREIGN BUSINESS.
THE HULL REPUBLICAN SAYS THE FARMLAND ACT IS AIMED AT CHINA.
LANDBILL1 OC………”BIGGEST CONCERN” :22
THE BILL DIRECTS U.S. AGENCIES TO COOPERATE ON OVERSIGHT OF THESE TRANSACTIONS.
LANDBILL2 OC…….”SEVERAL YEARS” :21
CHINESE FIRMS HAVE BEEN PURCHASING U-S AG BUSINESSES, AND THAT’S A CONCERN TO FEENSTRA:
LANDBILL3 OC……..OVERSIGHT ON THIS. :21
FEENSTRA SAYS HE’S PARTICULARLY CONCERNED OVER CHINESE LAND PURCHASES NEAR MILITARY BASES.
LANDBILL4 OC……. “SIGNIFICANT CONCERN” :17
FEENSTRA SAYS THE FEDERAL GOVERNMENT HAS NOT ENFORCED LAWS ALREADY ON THE BOOKS THAT WOULD PROTECT THE U.S. FROM ACQUISITION OF FARMLAND BY FOREIGN ADVERSARIES.
