Title 7 — AgricultureRelease 119-73
§3502 Civil penalty
Title 7 › Chapter CHAPTER 66— - AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE › § 3502
Summary
The Secretary can fine a person who does not file the report required by section 3501 or who knowingly files a report that leaves out required information or that has false or misleading information. The Secretary decides how large the fine should be to meet the goals of the law, but the fine cannot be more than 25 percent of the fair market value of the interest in the agricultural land tied to the violation, measured on the date the penalty is assessed.
Full Legal Text
Title 7, §3502
Agriculture — Source: USLM XML via OLRC
(a)If the Secretary determines that a person—
(1)has failed to submit a report in accordance with the provisions of section 3501 of this title, or
(2)has knowingly submitted a report under section 3501 of this title—
(A)which does not contain all the information required to be in such report, or
(B)which contains information that is misleading or false,
(b)The amount of any civil penalty imposed by the Secretary under subsection (a) of this section shall be such amount as the Secretary determines to be appropriate to carry out the purposes of this chapter, except that such amount shall not exceed 25 percent of the fair market value, on the date of the assessment of such penalty, of the interest in agricultural land with respect to which such violation occurred.
Reference
Citations & Metadata
Citation
7 U.S.C. § 3502
Title 7 — Agriculture
Last Updated
Apr 6, 2026
Release point: 119-73