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US HB1713
Bill
Status
6/24/2025
Primary Sponsor
Frank Lucas
Click for details
AI Summary
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Adds the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS) for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry (including transportation, storage, and processing)
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Requires CFIUS to review agricultural land transactions flagged by the Secretary of Agriculture when there is intelligence-based reason to believe the transaction is a covered transaction
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Targets acquisitions of agricultural land interests by foreign persons from China, North Korea, Russia, or Iran that are subject to reporting under the Agricultural Foreign Investment Disclosure Act of 1978
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Includes a sunset provision that terminates review requirements for a specific country when that country is removed from the foreign adversaries list in 15 CFR 791.4
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Passed the House of Representatives on June 23, 2025
Legislative Description
Agricultural Risk Review Act of 2025
Foreign trade and international finance
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/24/2025