WASHINGTON, June 25 -- Department Of Agriculture has issued a proposed rule called: Agricultural Foreign Investment Disclosure Act of 1978.
The proposed rule was published in the Federal Register on June 25 by Stephen Vaden, Deputy Secretary, U.S. Department of Agriculture.
Summary: The United States Department of Agriculture (USDA) is proposing to update its regulations regarding the Agricultural Foreign Investment Disclosure Act of 1978 (the AFIDA). The revisions would reflect Congressional directives to establish a streamlined process for electronic submission and retention of disclosures made under AFIDA, including the deployment of an internet database. It would also revise reporting requirements and strengthen enforcement measures. ...