[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9456 Received in Senate (RDS)]

<DOC>
118th CONGRESS
  2d Session
                                H. R. 9456


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           September 12, 2024

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

_______________________________________________________________________

                                 AN ACT


 
  To amend the Defense Production Act of 1950 with respect to foreign 
   investments in United States agriculture, 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 ``Protecting American Agriculture from 
Foreign Adversaries Act of 2024''.

SEC. 2. INCLUSION OF SECRETARY OF AGRICULTURE ON COMMITTEE ON FOREIGN 
              INVESTMENT IN UNITED STATES AND CONSIDERATION OF CERTAIN 
              AGRICULTURAL LAND TRANSACTIONS.

    (a) Inclusion on the Committee.--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--
                            ``(i) transportation;
                            ``(ii) storage; and
                            ``(iii) processing.''.
    (b) 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;
                                    ``(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 September 11, 2024.

            Attest:

                                             KEVIN F. MCCUMBER,

                                                                 Clerk.