NGFA added, “Agricultural stakeholders have been prepared and prepared to share these insights all through the mediation course of. As main stakeholders on this choice, NGFA members hope the agricultural business is included in any research that’s carried out or proposed because of this announcement.”
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USDA issued a request for public enter on how international house owners file agricultural land holdings within the U.S. Following an excessive amount of congressional, state and public consideration about foreign-land holdings, the Farm Service Agency is proposing to update the Agricultural Foreign Investment Disclosure Act reporting kind.
Under the proposal, USDA would increase reporting to “embrace information on long-term lessees, information to evaluate the impacts of international funding on agricultural producers and rural communities, and to collect geospatial info.”
“USDA seeks to enhance the knowledge that we’re gathering about international possession and leasing of U.S. agricultural land,” mentioned Under Secretary for Farm Production and Conservation Robert Bonnie. “This course of, which incorporates public enter on adjustments to the shape, will result in extra insightful reporting to Congress and the general public.”
Producers or different events have till Feb. 16, 2024 to supply their suggestions.
The public can submit enter by way of the Federal eRulemaking portal, docket FSA-2023-0017. All feedback will likely be posted with out change and will likely be publicly available on www.rules.gov.
The proposed revisions to the FSA-153 Agricultural Foreign Investment Disclosure Act (AFIDA) Report kind will:
— Capture extra information on long-term lessees who’re required to report their transactions to USDA.
— Propose to gather information to evaluate the impacts of international funding on producers and rural communities, as required by AFIDA.
— Ask filers to voluntarily present information that may assist establish their land areas geospatially.
The annual USDA report on international land holdings could be discovered at https://www.fsa.usda.gov/….
Chris Clayton could be reached at [email protected]
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