HR 1713 ยท Agricultural Risk Review Act of 2025
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced
- Feb 27, 2025
- Latest action
- Jun 24, 2025
- Sponsor
- Rep. Frank D. Lucas [R-OK-3]
- Policy area
- Foreign Trade and International Finance
- Cosponsors
- 20
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).
Recent actions
- Jun 24, 2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jun 23, 2025 Motion to reconsider laid on the table Agreed to without objection.
- Jun 23, 2025 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2865)
- Jun 23, 2025 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)
- Jun 23, 2025 DEBATE - The House proceeded with forty minutes of debate on H.R. 1713.
- Jun 23, 2025 Considered under suspension of the rules. (consideration: CR H2865-2866)
- Jun 23, 2025 Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
- Jun 3, 2025 Placed on the Union Calendar, Calendar No. 99.
Votes
No recorded votes are available for this bill.