Protecting US Farmland: Banning Agricultural Investments from China, Russia, and Others.
This law aims to secure the US food supply by banning the purchase or lease of American farmland and agricultural businesses by entities linked to China, Russia, Iran, and North Korea. It adds the Secretary of Agriculture to the government committee that reviews foreign investments for national security risks. The goal is to protect the stability of the US food supply and national security from influence by specific foreign powers.
Key points
Bans the purchase or lease of US agricultural land and related businesses by entities controlled by the governments of China, Russia, Iran, and North Korea.
The Secretary of Agriculture joins the committee (CFIUS) that reviews foreign investments to ensure they do not threaten national security.
All transactions involving the purchase or lease of agricultural real estate by foreign persons are subject to mandatory national security review.
Status:
Introduced
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