S. 1012 seeks to increase oversight of foreign investments in agricultural land in the United States. The bill requires the Committee on Foreign Investment to review certain transactions involving agricultural land by foreign nationals from countries deemed nonmarket...
Simple Explanation
S. 1012 is a rule that tries to keep an eye on who buys farms in the U.S., especially if they're from countries that might be a problem. It makes them tell more about what they own and stops some from getting help from the government to buy land.