Sponsors (6)
The bill strengthens federal review of foreign investments in agriculture—adding agricultural expertise and targeted reviews to protect food security and rural infrastructure—while imposing slower reviews, higher compliance costs, potential deterrence of foreign capital, and added administrative burden.
Farmers and rural communities receive additional, targeted national-security review of foreign investments and land purchases—especially by nationals of China, Russia, Iran, or North Korea—helping protect farmland, local supply chains, and agricultural infrastructure from hostile transfers.
U.S. farmers, rural residents, and food consumers benefit from added agricultural expertise in CFIUS decisions, improving identification and assessment of food-security and biosecurity risks posed by foreign investments.
Federal employees and agencies gain a formal USDA-to-CFIUS notification process and a targeted-review structure focused on listed foreign adversaries (with a sunset if a country is removed), improving interagency coordination and concentrating review resources on higher-risk actors.
Farmers, prospective buyers, and small agricultural businesses face longer, more complicated CFIUS reviews that can delay transactions and raise compliance and transaction costs.
Rural landowners and agricultural producers could experience reduced demand and depressed land prices because increased scrutiny deters some foreign buyers and reduces available investment capital for farms and processing infrastructure.
Prospective buyers from the listed adversary countries (China, Russia, Iran, North Korea) face heightened scrutiny that increases uncertainty, can block or complicate legitimate sales, and limits market access for those buyers.
Based on analysis of 3 sections of legislative text.
Introduced July 14, 2025 by Kevin Cramer · Last progress July 14, 2025
Adds the Secretary of Agriculture as a statutory member of the Committee on Foreign Investment in the United States (CFIUS) for covered transactions that involve agricultural land, agricultural biotechnology, or other parts of the agriculture industry. Requires CFIUS to consider certain reported agricultural land purchases by persons from China, North Korea, Russia, or Iran after notification from the Secretary of Agriculture and decide whether the transaction is a covered transaction and whether to open a formal review. The requirement applies only to transactions tied to intelligence-community information or AFIDA reporting that the Secretary believes may be covered, and automatically ends for a listed country if that country is removed from the federal “foreign adversaries” list in 15 C.F.R. § 791.4. The measure imposes procedural review duties but does not appropriate new funds or change tax or spending law.