To require the Secretary of Agriculture to enter into a memoranda of understanding with CFIUS with respect to reports under AFIDA and to update the AFIDA handbook.

Sponsor: Don Bacon (Republican-NE)May 11, 2026

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the House Committee on Agriculture.

Requires government to share more details about foreign ownership of U.S. farmland.

This bill would make the U.S. Department of Agriculture share details about foreign-owned farmland with a national security group. It would also require regular updates to a guide that explains rules for foreign investors. This would help the government better track who owns American farmland.

What Would Change

Today, the Department of Agriculture collects reports on foreign ownership of U.S. farmland but isn't required to share this specific information with CFIUS, nor is there a set schedule for updating the foreign investment handbook. If this bill becomes law, the Department of Agriculture would have to share all relevant details from these reports with CFIUS within one year and update the handbook within two years, then every 10 years after that.

Key Provisions

Requires the Department of Agriculture to share details about foreign ownership of U.S. farmland with a national security committee (CFIUS) within one year.
Requires the Department of Agriculture to update its handbook on foreign investment rules within two years, including recommendations from a government watchdog report.
Requires the Department of Agriculture to update this handbook every 10 years after the first update.

View on Congress.gov

HR 8722 · 119th Congress · May 11, 2026 · AI Summary by gemini-2.5-flash · 5/10

To require the Secretary of Agriculture to enter into a memoranda of understanding with CFIUS with respect to reports under AFIDA and to update the AFIDA handbook.

What Would Change

Key Provisions

Lobbying Activity