HR 1713
Agricultural Risk Review Act of 2025
Summary
Agricultural Risk Review 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, based on information from or in cooperation with the intelligence community; (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 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).
Bill status
- Status
- Reported
- Sponsor
- Rep. Frank D. Lucas [R-OK-3]
- Cosponsors
- 20
- Policy area
- Foreign Trade and International Finance
- Introduced
- 2025-02-27
- Latest action
- 2025-06-24: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee referrals
- Banking, Housing, and Urban Affairs Committee: Senate · Referred To · 2025-06-24
- Foreign Affairs Committee: House · Discharged From · 2025-06-03
- Energy and Commerce Committee: House · Discharged From · 2025-06-03
- Financial Services Committee: House · Reported By · 2025-06-03
- Financial Services Committee: House · Markup By · 2025-03-05
Recent actions
- 2025-06-24: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2025-06-23: Motion to reconsider laid on the table Agreed to without objection.
- 2025-06-23: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2865)
- 2025-06-23: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2865)
- 2025-06-23: DEBATE - The House proceeded with forty minutes of debate on H.R. 1713.