Protecting U.S. Farmland and Sensitive Sites From Foreign Adversaries Act
- Last Action
- 7/14/2023
Actions
- 2023-07-14Referred to the Subcommittee on Innovation, Data, and Commerce.
- 2023-07-12Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-07-12Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-07-12Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2023-07-12Introduced in House
- 2023-07-12Introduced in House
CRS Summary
As of 2023-07-12 (00)
Protecting U.S. Farmland and Sensitive Sites From Foreign Adversaries Act
This bill expands the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) related to agriculture and land transactions. (CFIUS reviews the national security implications of foreign investment in the United States.)
Specifically, the bill requires parties to an elevated risk real estate transaction to submit a mandatory declaration to CFIUS. Generally, this requirement applies to a transaction for a purchase or lease of certain real estate (e.g., real estate that is in close proximity to a sensitive site, such as a military installation or airspace) by a foreign adversary entity (e.g., a foreign person subject to the jurisdiction of a foreign adversary, such as China or Russia).
Additionally, the bill creates a presumption that an elevated risk real estate transaction presents a risk to national security that cannot be resolved through any agreement or condition unless CFIUS (1) determines, based on clear and convincing evidence, that the risk to national security of the transaction can be resolved in a manner other than by suspending or prohibiting the transaction; and (2) notifies Congress about this determination and its reasoning.
The bill authorizes CFIUS to consider U.S. food security as a factor in its national security reviews.
The bill also expands the membership of CFIUS to include the Secretary of Agriculture on all transactions related to the purchase of agriculture land, agriculture biotechnology, and any other transaction related to the agriculture industry in the United States.
Cosponsors (20)
- MIKE THOMPSON (D-CA)
- Dan Newhouse (R-WA)
- John Garamendi (D-CA)
- Dusty Johnson (R-SD)
- Ed Case (D-HI)
- Elise Stefanik (R-NY)
- Jim Costa (D-CA)
- FRANK LUCAS (R-OK)
- Jimmy Panetta (D-CA)
- Robert Wittman (R-VA)
- Jason Crow (D-CO)
- Randy Feenstra (R-IA)
- Salud Carbajal (D-CA)
- Jim Banks (R-IN)
- Mary Peltola (D-AK)
- Ashley Hinson (R-IA)
- Jodey Arrington (R-TX)
- Steve Womack (R-AR)
- John Moolenaar (R-MI)
- Julia Brownley (D-CA)
Subjects
- Asia
- China
- Congressional oversight
- Cuba
- Europe
- Farmland
- Food supply, safety, and labeling
- Homeland security
- Iran
- Latin America
- Middle East
- North Korea
- Russia
- U.S. and foreign investments
- Venezuela
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.