Farmland for Farmers Act of 2026

The Farmland for Farmers Act of 2026 restricts corporate and institutional ownership of agricultural land in the United States to protect family farms. It prohibits unauthorized legal entities, such as corporations, pension funds, and investment funds, from acquiring or holding interests in farmland, with exceptions for nonprofit organizations, public institutions, and certain legal circumstances. The bill defines who qualifies as an authorized farmer or rancher cooperative and requires legal entities to file affidavits certifying compliance with the law. Violations can result in civil penalties of up to twice the land's value, criminal penalties including up to five years in prison, and forced divestiture of the land.