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Adds the Secretary of Agriculture as a voting/consulting member of the Committee on Foreign Investment in the United States (CFIUS) for transactions that involve agricultural land, agricultural biotechnology, or other parts of the agriculture industry (transportation, storage, processing). It also creates a new rule requiring CFIUS to consider certain notified agricultural land transactions — including transactions involving specified foreign adversary countries — and to decide whether to treat them as covered transactions and whether to open a formal review or take other permitted actions. The extra review obligation for a given country ends if that country is removed from the federal "foreign adversary" list.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced July 14, 2025 by Kevin Cramer · Last progress 7 months ago