Foreigners with agricultural land must submit form

The Wayne County Fair starts Sept. 11. It remains the largest junior fair in Ohio, with more than 350 dairy projects, 350 swine projects, 150 lamb projects and 125 steer projects, along with numerous horse, goat, rabbit and poultry projects.

Fair

This fair is also the least expensive to come see, with gate admission only $3 per person, and free grandstand seats available.

The local FSA office has a display barn over on machinery/agriculture row, so stop by and say hello and get the latest FSA news.

Act

The Agricultural Foreign Investment Disclosure Act of 1978 became effective Feb. 2, 1979.

It requires any foreign person who:

acquires or transfers any interest other than a security interest in agricultural land to submit a completed FSA-153 to the Secretary of Agriculture not later than 90 calendar days after the date of acquisition or transfer, or

held any interest, other than a security interest, in agricultural land on Feb. 1, 1979, to have submitted a report to the secretary not later than Aug. 1, 1979.

The information required by the secretary should be reported on an FSA-153. Additional copies of this form, which is required to be filed by any foreign persons owning, acquiring, or transferring agricultural land in the U.S. or its territories or possessions, may be obtained from their FSA office.

You also return the completed FSA-153 to the FSA office.

Any foreign person who holds, acquires, or transfers any interest in agricultural land, who the Secretary of Agriculture determines did not submit FSA-153, or who knowingly submitted a report that was incomplete, misleading, or false is subject to civil penalty of not more than 25 percent of the fair market value of the land on the date the penalty is assessed.

FSA-153 is analyzed by the United States Department of Agriculture, Farm Service Agency, to develop reports for the Secretary of Agriculture and the agriculture department in each state.

Completed FSA-153′s and the analysis shall be available for public inspection at the Department of Agriculture located in Washington.

Anyone having questions concerning the act, contact your local FSA office.

About the Author

FSA Andy is written by USDA Farm Service Agency county executive directors in northeastern Ohio. More Stories by FSA Andy

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