Sec. 6. Digitization and consolidation of foreign land ownership data
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In this section: The term agricultural land has the meaning given the term in section 781.2 of title 7, Code of Federal Regulations (as in effect on the date of enactment of this Act). In this section, the term appropriate committees of Congress has the meaning given the term in section 3(a). The term database means the database developed under subsection (b). The term foreign person has the meaning given the term in section 9 of the Agricultural Foreign Investment Disclosure Act of 1978 ( 7 U.S.C. 3508 ).
The term Secretaries means— the Secretary of Agriculture; and the Secretary of Homeland Security. Subject to the availability of appropriations, not later than 3 years after the date of enactment of this Act, the Secretaries, acting jointly, shall develop a database of agricultural land owned by foreign persons, using data that are— collected— pursuant to the Agricultural Foreign Investment Disclosure Act of 1978 ( 7 U.S.C. 3501 et seq. ); and from FSA–153 forms submitted to the Farm Service Agency; and publicly available.
Each entry in the database for each registration or updated registration of agricultural land owned by a foreign person shall include information in the applicable FSA–153 form. Not later than 180 days after the database is made publicly available, and annually thereafter, the Chief of Operations for Investigative Actions appointed under section 4 of the Agricultural Foreign Investment Disclosure Act of 1978 shall— conduct an audit of the database; and submit to the appropriate committees of Congress a report— evaluating the accuracy of the database; and describing recommendations for improving compliance with the reporting required under the Agricultural Foreign Investment Disclosure Act of 1978 ( 7 U.S.C. 3501 et seq. ).
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