Bill
Bill > HR4577
summary
Introduced
07/12/2023
07/12/2023
In Committee
07/14/2023
07/14/2023
Crossed Over
Passed
Dead
01/03/2025
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)
Mike Gallagher (R)*,
Jodey Arrington (R),
Jim Banks (R),
Julia Brownley (D),
Salud Carbajal (D),
Ed Case (D),
Jim Costa (D),
Jason Crow (D),
Mark DeSaulnier (D),
Randy Feenstra (R),
Ruben Gallego (D),
John Garamendi (D),
Josh Gottheimer (D),
Michael Guest (R),
Ashley Hinson (R),
Erin Houchin (R),
Dusty Johnson (R),
Doug Lamborn (R),
Mike Lawler (R),
Frank Lucas (R),
Celeste Maloy (R),
John Moolenaar (R),
Dan Newhouse (R),
Ralph Norman (R),
Jimmy Panetta (D),
Mary Peltola (D),
Dutch Ruppersberger (D),
Mikie Sherrill (D),
Elissa Slotkin (D),
Elise Stefanik (R),
Chris Stewart (R),
Mike Thompson (D),
Rob Wittman (R),
Steve Womack (R),
Last Action
Referred to the Subcommittee on Innovation, Data, and Commerce. (on 07/14/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/4577/all-info |
| BillText | https://www.congress.gov/118/bills/hr4577/BILLS-118hr4577ih.pdf |
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