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US HB5760
Bill
Status
10/14/2025
Primary Sponsor
Elise Stefanik
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)
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Expands CFIUS jurisdiction to cover foreign investments in U.S. businesses engaged in agriculture or agriculture-related biotechnology, as well as purchases or leases of private real estate used in agriculture
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Requires the President to prohibit agricultural transactions involving "covered foreign persons" from China, Russia, Iran, or North Korea, with a case-by-case waiver available if vital to national security interests (requires 30-day notice to Congress)
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Requires the Secretary of Agriculture to submit reports every 180 days on risks posed by foreign purchases of U.S. agricultural businesses to the House and Senate agriculture committees
Legislative Description
PASS Act of 2025 Promoting Agriculture Safeguards and Security Act of 2025
Agriculture and food
Last Action
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.
10/14/2025