[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1713 Reported in House (RH)]
<DOC>
Union Calendar No. 99
119th CONGRESS
1st Session
H. R. 1713
[Report No. 119-129, Part I]
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.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 27, 2025
Mr. Lucas introduced the following bill; which was referred to the
Committee on Financial Services, and in addition to the Committees on
Energy and Commerce, and Foreign Affairs, for a period to be
subsequently determined by the Speaker, in each case for consideration
of such provisions as fall within the jurisdiction of the committee
concerned
June 3, 2025
Additional sponsors: Ms. Tokuda, Mr. Barr, Mr. Nunn of Iowa, Mr.
Rouzer, Ms. De La Cruz, Mr. Rose, Mr. Cleaver, Mr. Lynch, Ms. Davids of
Kansas, Ms. Pettersen, Mr. David Scott of Georgia, Mr. Webster of
Florida, Mr. Mann, Mr. Riley of New York, Mr. Davis of North Carolina,
Mr. Sessions, Ms. Schrier, Mr. Estes, Mr. Panetta, and Mr. Schmidt
June 3, 2025
Reported from the Committee on Financial Services with an amendment
[Strike out all after the enacting clause and insert the part printed
in italic]
June 3, 2025
Committees on Energy and Commerce and Foreign Affairs discharged;
committed to the Committee of the Whole House on the State of the Union
and ordered to be printed
[For text of introduced bill, see copy of bill as introduced on
February 27, 2025]
_______________________________________________________________________
A BILL
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.''.
Union Calendar No. 99
119th CONGRESS
1st Session
H. R. 1713
[Report No. 119-129, Part I]
_______________________________________________________________________
A BILL
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.
_______________________________________________________________________
June 3, 2025
Reported from the Committee on Financial Services with an amendment
June 3, 2025
Committees on Energy and Commerce and Foreign Affairs discharged;
committed to the Committee of the Whole House on the State of the Union
and ordered to be printed