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Protecting American Agriculture from Foreign Adversaries Act of 2025

3/21/2025, 4:08 AM

Summary of Bill S 732

Bill 119 s 732, also known as the "Foreign Investment in US Agriculture Act," aims to make changes to the Defense Production Act of 1950 in order to address foreign investments in United States agriculture. The bill seeks to strengthen regulations and oversight of foreign investments in the agricultural sector to protect national security interests.

Specifically, the bill includes provisions that would require foreign investors looking to acquire or invest in US agricultural businesses to undergo a thorough review process by the Committee on Foreign Investment in the United States (CFIUS). This review process would assess the potential national security implications of the investment and determine whether it poses any risks to US food security or agricultural infrastructure.

Additionally, the bill includes measures to enhance transparency and reporting requirements for foreign investments in US agriculture. This would help ensure that the government and relevant agencies have a clear understanding of foreign investment activities in the agricultural sector and can take appropriate action to safeguard national interests. Overall, Bill 119 s 732 aims to strengthen protections against potentially harmful foreign investments in US agriculture while also promoting transparency and accountability in the review process. By addressing these issues, the bill seeks to safeguard national security and ensure the long-term viability of the US agricultural industry.

Congressional Summary of S 732

Protecting American Agriculture from Foreign Adversaries Act of 2025

This bill makes changes to the Committee on Foreign Investment in the United States (CFIUS), including by requiring CFIUS to determine whether a national security review is necessary for reportable agricultural land transactions that are referred by the Department of Agriculture (USDA). (CFIUS oversees the national security risks of certain foreign investment in the United States. CFIUS has the authority to review covered transactions, which include mergers, acquisitions, and takeovers that could result in foreign control of a U.S. business; certain investments in businesses involved in critical technologies, critical infrastructure, or sensitive personal data; and certain real estate transactions.)

Specifically, the bill directs CFIUS to, after receiving notification from USDA, determine (1) whether a reportable agricultural land transaction is a covered transaction, and (2) whether CFIUS should initiate a national security review or take another action with respect to the transaction. 

Reportable agricultural land transaction means a transaction (1) that USDA has reason to believe is a covered transaction; (2) that involves the acquisition of an interest in agricultural land by a foreign person of China, North Korea, Russia, or Iran; and (3) with respect to which a foreign person is required to submit a report to USDA regarding their agricultural land transactions.

The bill also expands the membership of CFIUS to include the Secretary of Agriculture for covered transactions that involve agricultural land, agricultural biotechnology, or the agriculture industry (e.g., agricultural transportation, storage, and processing).

Current Status of Bill S 732

Bill S 732 is currently in the status of Bill Introduced since February 25, 2025. Bill S 732 was introduced during Congress 119 and was introduced to the Senate on February 25, 2025.  Bill S 732's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 25, 2025

Bipartisan Support of Bill S 732

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
2
Republican Cosponsors
5
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 732

Primary Policy Focus

Alternate Title(s) of Bill S 732

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

Comments

Miller McKenzie profile image

Miller McKenzie

694

1 year ago

This bill bad for us. Farmers hurt by it.