Farmland for Farmers Act of 2026

This bill would bar most companies, investment funds, and other legal entities from buying or holding farmland in the United States unless they have 25 or fewer owners who are all people actively farming and are not part of layered corporate structures. Exceptions include land already owned when the law takes effect, land owned by nonprofits, cities, farmer cooperatives, research institutions, and land taken to collect debts if sold within 5 years. Entities buying farmland would have to file sworn statements with the Secretary of Agriculture and with their federal tax returns certifying compliance. Violators could be ordered by a federal court to sell the land within 1 year, face civil fines of up to 2 times the land's value, and owners who knowingly violate the law could face up to 5 years in prison. State attorneys general could also sue, and states could pass their own rules that are at least as strict.

Full text and official record on Congress.gov

Sponsors

• Cory A. Booker Democrat sponsor
• 1 cosponsors