Last progress February 25, 2025 (10 months ago)
Introduced on February 25, 2025 by Roger Wayne Marshall
Updated 1 week ago
Last progress February 25, 2025 (10 months ago)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
This bill aims to protect U.S. agriculture from risky foreign purchases. It adds the Secretary of Agriculture to the federal group that checks certain foreign investments when deals involve farm land, agricultural biotech, or parts of the farm industry like transport, storage, or processing. That group, which reviews foreign investments for national security risks, would also have to decide if flagged farm land purchases should get a national security review or other action when the Agriculture Department alerts them .
A “reportable” farm land deal means a purchase of U.S. agricultural land by a buyer from China, North Korea, Russia, or Iran that must be reported to the Agriculture Department. If a country is later removed from the federal “foreign adversaries” list, the special review requirement for that country ends.