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119-s-4192119th CongressWALLET

PLOT Act of 2026

Sponsored By: Senator Ricketts, Pete [R-NE]

Introduced

Summary

mandatory geospatial reporting of foreign-held agricultural land would require open-source boundary maps for farm property, add low-threshold disclosure of foreign-adversary interests, and push national-security reviews for risky purchases. The bill ties map data to transparency and defense checks and sets numeric ownership triggers and prioritized enforcement for foreign-adversary transactions.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

New reporting rules for foreign land buyers

If enacted, this bill would change AFIDA reporting for foreign interests in U.S. agricultural land. Anyone filing an AFIDA Section 2 report would have to include property boundary geospatial data in an open GIS-compatible format. Reports would have to disclose any foreign adversary or affiliated person with a 5% or greater interest, and the bill sets related reporting thresholds at 5%, 10%, and 20%. The Agriculture Secretary would be able to share the geospatial data with other agencies and the public, use it with defense and intelligence officials to spot national security risks, prioritize enforcement against foreign-adversary transactions (with priority for entities tied to the People’s Republic of China), and refer risky deals to CFIUS. These rules would take effect 180 days after enactment.

Sponsors & CoSponsors

Sponsor

Ricketts, Pete [R-NE]

NE • R

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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