1. Imposition of tax on the acquisition of United States agricultural interests by disqualified persons (a) In general Subtitle D of the Internal Revenue Code of 1986 is amended by inserting after chapter 50A the following new chapter: 50B Acquisition of United States agricultural interests by disqualified persons Sec. 5000E. Imposition of tax on acquisition of United States agricultural interests by disqualified persons. 5000E. Imposition of tax on acquisition of United States agricultural interests by disqualified persons (a) In general In the case of any acquisition of any United States agricultural interest by any disqualified person, there is hereby imposed on such person a tax equal to 60 percent of the amount paid for such interest. (b) Disqualified person For purposes of this section— (1) In general The term disqualified person means— (A) any citizen of a country of concern (other than a citizen, or lawful permanent resident, of the United States and other than an individual domiciled in Taiwan possessing a valid identification card or number issued by the government of Taiwan), (B) any entity domiciled in a country of concern (other than an entity domiciled in Taiwan), (C) any country of concern and any political subdivision, agency, or instrumentality thereof, and (D) except as provided in paragraph (3), any entity if persons described in subparagraph (A), (B), or (C) (in the aggregate) 10-percent control such entity. (2) Country of concern The term country of concern means any country the government of which is engaged in a long-term pattern or serious instances of conduct significantly adverse to the national security of the United States or the security and safety of United States persons, including the People’s Republic of China, the Russian Federation, Iran, North Korea, Cuba, and the regime of Nicolas Maduro in Venezuela. (3) Exception for certain publicly traded corporations (A) In general An entity shall not be treated as described in paragraph (1)(D) if— (i) such entity is a specified publicly