HR 1576

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IN THE HOUSE OF REPRESENTATIVES

February 25, 2025

Mr. Newhouse (for himself, Mr. Meuser, Mr. Guest, Mr. Latta, Ms. Tenney, Mr. Moolenaar, Mr. Hamadeh of Arizona, Mr. Scott Franklin of Florida, Mr. Webster of Florida, Mr. Guthrie, Ms. Hageman, Mr. Weber of Texas, Mr. Fleischmann, Mr. Bean of Florida, Mr. Ellzey, Mr. Langworthy, Mrs. Hinson, Mr. Onder, Mr. Gooden, Mr. Bacon, Mr. Bost, Mr. Evans of Colorado, Mr. Messmer, Mr. McDowell, Mr. Vasquez, Mr. Flood, Mr. Van Orden, Mr. Johnson of South Dakota, Mrs. Miller-Meeks, Mr. Valadao, Mr. Rose, Mr. Moore of West Virginia, Mr. Hurd of Colorado, Mr. Joyce of Pennsylvania, Mr. Pfluger, Mrs. Miller of Illinois, Mr. Alford, Mr. Riley of New York, Ms. Boebert, and Mr. Nunn of Iowa) introduced the following bill; which was referred 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

A BILL

To amend the Defense Production Act of 1950 with respect to foreign investments in United States agriculture, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Protecting American Agriculture from Foreign Adversaries Act of 2025”.

SEC. 2. INCLUSION OF SECRETARY OF AGRICULTURE ON COMMITTEE ON FOREIGN INVESTMENT IN UNITED STATES AND CONSIDERATION OF CERTAIN AGRICULTURAL LAND TRANSACTIONS.

(a) Inclusion on the Committee.—Section 721(k) of the Defense Production Act of 1950 (50 U.S.C. 4565(k)) is amended by adding at the end the following:

“(8) Inclusion of the secretary of agriculture.—The Secretary of Agriculture shall be a member of the Committee with respect to a covered transaction that involves—

“(A) agricultural land;

“(B) agriculture biotechnology; or

“(C) the agriculture industry, including agricultural—

“(i) transportation;

“(ii) storage; and

“(iii) processing.”.

(b) Consideration of Certain Agricultural Land Transactions.— Section 721(b)(1) of the Defense Production Act of 1950 (50 U.S.C. 4565(b)(1)) is amended by adding at the end the following:

“(I) Consideration of certain agricultural land transactions.—

“(i) In general.—After receiving notification from the Secretary of Agriculture of a reportable agricultural land transaction, the Committee shall determine—

“(I) whether the transaction is a covered transaction; and

“(II) if the Committee determines that the transaction is a covered transaction, whether the Committee should initiate a review pursuant to subparagraph (D), or take another action authorized under this section, with respect to the reportable agricultural land transaction.

“(ii) Reportable agricultural land transaction.—In this subparagraph, the term ‘reportable agricultural land transaction’ means a transaction—

“(I) that the Secretary of Agriculture has reason to believe is a covered transaction;

“(II) that involves the acquisition of an interest in agricultural land by a foreign person of the People’s Republic of China, the Democratic People’s Republic of Korea, the Russian Federation, or the Islamic Republic of Iran; and

“(III) with respect to which a person is required to submit a report to the Secretary of Agriculture under section 2(a) of the Agricultural Foreign Investment Disclosure Act of 1978.

“(iii) Sunset.—The requirements under this subparagraph shall terminate, with respect to a foreign person of the respective foreign country, on the date that the People’s Republic of China, the Democratic People’s Republic of Korea, the Russian Federation, or the Islamic Republic of Iran, as the case may be, is removed from the list of foreign adversaries in section 791.4 of title 15, Code of Federal Regulations.”. <all>