Sponsors (30)
The bill strengthens national-security protections for U.S. agriculture and supply chains and increases transparency about foreign risks, but does so at the cost of greater federal scrutiny, higher compliance and administrative costs, and possible deterrence or stigmatization of legitimate foreign investment.
Farmers, rural communities, and U.S. food producers gain stronger national-security review and protection against foreign takeovers and threats to supply chains because agriculture is treated as critical infrastructure, CFIUS authority is broadened, and the Secretary of Agriculture is added to CFIUS.
Farmers, rural communities, and policymakers receive regular public reporting and evidence-based assessments of foreign investment patterns and supply-chain risks, improving transparency and enabling targeted policy or security responses.
Agricultural researchers and producers benefit from better identification of espionage and theft techniques, which can inform intellectual-property protections and research-security practices to protect innovation.
Small agricultural businesses and producers may face longer review times, higher compliance costs, and reduced access to foreign capital because more transactions will be subject to CFIUS scrutiny or conditions, which could deter investment.
Public identification of foreign investors and labeling certain actors as threats could stigmatize legitimate foreign investment and heighten geopolitical tensions or retaliation, harming exports, market access, and business relationships.
Preparing annual, detailed analyses and running expanded reviews will increase administrative costs paid by taxpayers.
Based on analysis of 3 sections of legislative text.
Introduced January 22, 2025 by Ronny Jackson · Last progress January 22, 2025
Expands U.S. national-security review over agricultural businesses and supply chains by adding an Agriculture representative to the Committee on Foreign Investment in the United States (CFIUS) and explicitly making agricultural systems, supply chains, and businesses subject to CFIUS review. Requires the Secretary of Agriculture and the Government Accountability Office (Comptroller General) to each produce an analysis of foreign influence in U.S. agriculture within one year and then annually, covering foreign investments, risks to production and supply chains, major international threats, and agriculture-related espionage and theft techniques.