---
title: Understanding AFIDA Compliance and Upcoming Legislative Change
date: 2024-08-07T00:00:00-04:00
author: "mhenry@kelleydrye.com"
canonical_url: "https://www.kelleydrye.com/events/understanding-afida-compliance-and-upcoming-legislative-change"
section: Events
---
# Understanding AFIDA Compliance and Upcoming Legislative Change

Lawline

 October 8, 2024 from 2:00 pm to 3:00 pm (EDT)

  

 

 

 

 

 

 

Partners [Jeff Hunter](https://www.kelleydrye.com/people/jeffrey-j-hunter) and [Matthew Luzzader](https://www.kelleydrye.com/Our-People/Matthew-C-Luzadder) will conduct a virtual CLE with Lawline titled ​“Understanding AFIDA Compliance and Upcoming Legislative Change.” The US Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA) requires foreign entities, and US entities with as little as 10% foreign ownership, to file a report with the USDA Farm Service Agency within 90 days of buying or leasing agricultural land. Many US companies that use agricultural land for non-ag purposes, such as renewable energy development and data center construction, are unaware of this requirement. In this webinar we will identify how AFIDA applies and who it impacts; review the filing requirements; examine how late- and non-filing penalties work under current law; analyze trends in AFIDA compliance; and give an overview of current legislative proposals to tighten restrictions, migrate to online filing, identify nonfilers for enforcement, impose new CFIUS requirements, and strengthen penalties for violators.

 

 

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### Related Team Members

- [Jeffrey J. Hunter](https://www.kelleydrye.com/people/jeffrey-j-hunter)
- [Matthew C. Luzadder](https://www.kelleydrye.com/people/matthew-c-luzadder)
 
 

### Related Services

- [Corporate and Tax](https://www.kelleydrye.com/practices/corporate-and-tax)
- [Government Relations and Public Policy](https://www.kelleydrye.com/practices/government-relations-and-public-policy)
- [State and Federal Regulation and Restrictions on Foreign Interests in Real Estate](https://www.kelleydrye.com/practices/state-and-federal-regulation-and-restrictions-on-foreign-interests-in-real-estate)
