S. 845 proposes changes to the Agricultural Foreign Investment Disclosure Act of 1978, specifically removing limits on civil penalties for violating the Act. It introduces higher penalties for foreign-owned shell corporations that violate the Act, with fines up to the full market value of the...
Simple Explanation
S. 845 is a plan to change rules about foreign people and companies owning farmland in the U.S. It wants to make sure these owners follow the rules by checking their reports, training people who check the reports, and maybe making them pay a lot of money if they don't follow the rules.