; and (B) is detrimental to the welfare and national security of the United States; (10) the operational scope and economic impacts of corporate ownership of agricultural land— (A) is increasingly interstate; and (B) directly affects the continued wellbeing and security of millions of residents of rural communities; and (11) there is a national public interest in regulating corporate ownership of agricultural land. 3. Definitions In this Act: (1) Actively engaged in farming (A) In general The term actively engaged in farming , with respect to a natural person who is a shareholder in an authorized legal entity, an officer, a director, or an employee of an authorized legal entity, a member or manager of an authorized legal entity, a partner in an authorized legal entity, a beneficiary or trustee of an authorized legal entity, or any other individual, means— (i) regularly and frequently making or taking an important part in making management decisions substantially contributing to or affecting the operation of a farm or forest; or (ii) performing physical work, which significantly contributes to cultivation, stewardship, crop or livestock production, or food production. (B) Exclusion The term actively engaged in farming does not include solely providing capital. (2) Agricultural land The term agricultural land means land located in a State that— (A) is cropland, grassland, rangeland, pasture, forestland or other agricultural land on which agricultural or forest-related products or livestock are produced; or (B) if the land is idle as of the date of transfer of an ownership interest in the land, was used within the 10-year period preceding the date of that transfer for production of agricultural or forest-related products or livestock. (3) Authorized farmer or rancher cooperative The term authorized farmer or rancher cooperative means a farmer-controlled or rancher-controlled entity— (A) with bylaws requiring 1 vote per member