hold on there's just too much going on in Congress lmao...
Bans new corporate ownership of agricultural land in the U.S.
Introduced by Rep. Tokuda (D-HI) with two co-sponsors.
In committee, no House vote yet.
This bill aims to stop new acquisition of U.S. agricultural land by large corporations, pension funds, and other investment entities. It defines who can own farmland, primarily limiting it to small groups of natural persons actively involved in farming or authorized cooperatives. Introduced by Rep. Jill Tokuda (D-HI) with two co-sponsors, the bill has been sent to the House Agriculture Committee. The committee must approve it before it can move forward for a vote by the full House.
Introduced Apr 27, 2026
The bill was introduced on April 27, 2026, by Rep. Jill Tokuda and two co-sponsors. It was immediately referred to the House Committee on Agriculture for review. For the bill to become law, it must first be approved by this committee, then pass a vote in the full House of Representatives, and subsequently pass through the Senate and be signed by the President.
The bill prohibits most large corporations, pension funds, and multi-layered investment entities from acquiring new agricultural land. Existing corporate owners are largely grandfathered in but would become ineligible for Department of Agriculture (USDA) or Farm Credit System programs. All legal entities acquiring land or owning it after the bill's enactment must submit affidavits to the Secretary of Agriculture certifying their compliance, both at acquisition and annually with tax returns. States would also be able to create their own, potentially stricter, rules on who can own agricultural land.
Supporters Say
Supporters argue the bill protects family farms and national food security from large corporate investors who drive up prices.
Critics Say
The bill text does not detail arguments from critics against its provisions.
The bill's findings state that corporate and institutional ownership of farmland has significantly increased, leading to higher land prices and making it harder for independent family farmers to compete. It suggests large corporate investors prioritize short-term profits over long-term land conservation and local community benefits, threatening the future use of agricultural land.