H.R. 1713

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1713 Referred in Senate (RFS)]

<DOC>
119th CONGRESS
1st Session
H. R. 1713

_______________________________________________________________________

IN THE SENATE OF THE UNITED STATES

June 24, 2025

Received; read twice and referred to the Committee on Banking, Housing, 
and Urban Affairs

_______________________________________________________________________

AN ACT

To amend the Defense Production Act of 1950 to include the Secretary of 
Agriculture as a member of the Committee on Foreign Investment in the 
United States, and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Agricultural Risk Review Act of 
2025''.

SEC. 2. INCLUSION OF THE SECRETARY OF AGRICULTURE ON THE COMMITTEE ON 
FOREIGN INVESTMENT IN THE UNITED STATES.

Section 721(k) of the Defense Production Act of 1950 (50 U.S.C. 
4565(k)) is amended by adding at the end the following:
``(8) Inclusion of the secretary of agriculture.--The 
Secretary of Agriculture shall be a member of the Committee 
with respect to a covered transaction that involves--
``(A) agricultural land;
``(B) agriculture biotechnology; or
``(C) the agriculture industry, including 
agricultural transportation, storage, and 
processing.''.

SEC. 3. CONSIDERATION OF CERTAIN AGRICULTURAL LAND TRANSACTIONS.

Section 721(b)(1) of the Defense Production Act of 1950 (50 U.S.C. 
4565(b)(1)) is amended by adding at the end the following:
``(I) Consideration of certain agricultural land 
transactions.--
``(i) In general.--After receiving 
notification from the Secretary of Agriculture 
of a reportable agricultural land transaction, 
the Committee shall determine--
``(I) whether the transaction is a 
covered transaction; and
``(II) if the Committee determines 
that the transaction is a covered 
transaction, whether the Committee 
should initiate a review pursuant to 
subparagraph (D), or take another 
action authorized under this section, 
with respect to the reportable 
agricultural land transaction.
``(ii) Reportable agricultural land 
transaction.--In this subparagraph, the term 
`reportable agricultural land transaction' 
means a transaction--
``(I) that the Secretary of 
Agriculture has reason to believe is a 
covered transaction, based on 
information from or in cooperation with 
the intelligence community;
``(II) that involves the 
acquisition of an interest in 
agricultural land by a foreign person 
of the People's Republic of China, the 
Democratic People's Republic of Korea, 
the Russian Federation, or the Islamic 
Republic of Iran; and
``(III) with respect to which a 
person is required to submit a report 
to the Secretary of Agriculture under 
section 2(a) of the Agricultural 
Foreign Investment Disclosure Act of 
1978.
``(iii) Sunset.--The requirements under 
this subparagraph shall terminate, with respect 
to a foreign person of the respective foreign 
country, on the date that the People's Republic 
of China, the Democratic People's Republic of 
Korea, the Russian Federation, or the Islamic 
Republic of Iran, as the case may be, is 
removed from the list of foreign adversaries in 
section 

791.4 of title 15, Code of Federal 
Regulations.''.

Passed the House of Representatives June 23, 2025.

Attest:

KEVIN F. MCCUMBER,

Clerk.