US government would increase review of farmland purchases by foreign adversaries.
The US government would increase its review of farmland purchases by certain foreign countries. This bill would add the Secretary of Agriculture to a key national security committee for deals involving agriculture. It would also require a new process for agricultural land bought by foreign persons from China, North Korea, Russia, or Iran.
Today, the Secretary of Agriculture is not a permanent member of the Committee on Foreign Investment in the United States (CFIUS). Also, there is no specific rule for CFIUS to determine if certain agricultural land transactions are covered or to consider a review based on the Secretary's notifications. If this bill becomes law, the Secretary of Agriculture would join CFIUS for deals involving agriculture. CFIUS would then be required to determine if specific agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran are covered transactions. If so, CFIUS would consider whether to start a review or take other authorized actions.
HR 1713 · 119th Congress · February 27, 2025 · AI Summary by gemini-2.5-flash · 8/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.