Bill

Bill > HR4577


US HR4577

US HR4577
Protecting U.S. Farmland and Sensitive Sites From Foreign Adversaries Act


summary

Introduced
07/12/2023
In Committee
07/14/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To protect U.S. food security, give the Committee on Foreign Investment in the United States greater jurisdiction over land purchases, to impose special guards against foreign adversary purchases of land in the United States near sensitive sites, to expand the definition of sensitive sites, and for other purposes.

AI Summary

This bill aims to strengthen the Committee on Foreign Investment in the United States' (CFIUS) jurisdiction over certain real estate transactions involving foreign adversaries. It expands the definition of "sensitive sites" to include a wider range of critical infrastructure and facilities, such as ports, telecommunications networks, and research centers. The bill also requires mandatory declarations for "elevated risk real estate transactions" involving foreign adversary entities, and creates a presumption that such transactions cannot be resolved to mitigate national security risks, unless the Committee can provide clear and convincing evidence to the contrary. Additionally, the bill requires the Secretary of Agriculture to be a member of CFIUS for transactions related to agricultural land, biotechnology, and the broader agriculture industry.

Committee Categories

Business and Industry

Sponsors (34)

Last Action

Referred to the Subcommittee on Innovation, Data, and Commerce. (on 07/14/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...