REPORT ON ABSENT LANDLORDS.

SEC. 12507. REPORT ON ABSENT LANDLORDS. (a) In General.—Not later than 1 year after the date of enactment of this Act, the Secretary shall submit to Congress a report describing the effects of absent landlords on the long-term economic health of agricultural production, including the effect of absent landlords on— (1) land valuation; (2) soil health; and (3) the economic stability of rural communities. (b) Contents.—The report under subsection (a) shall include— (1) a description of the positive and negative effects of an absent landlord on the land owned by the landlord, including— (A) the effect of an absent landlord on the long-term value of the land; and (B) the environmental and economic impact of an absent landlord on the surrounding community; and (2) recommendations to policymakers concerning how to mitigate those effects when necessary.