S2268-119

In Committee

Agricultural Risk Review Act of 2025

119th Congress Introduced Jul 14, 2025

Summary

What This Bill Does

The bill requires CFIUS to review agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran after notification from the Secretary of Agriculture based on intelligence information and adds the Secretary of Agriculture as a member of CFIUS (Committee on Foreign Investment in the United States) for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry. It relies on compliance mandates, reporting requirements, and definition changes. The main policy areas are Agriculture, Foreign Policy, National Security, and Finance.

Who Benefits and How

U.S. Department of Agriculture could gain revenue opportunities, Legal and compliance firms specializing in CFIUS could gain revenue opportunities, and U.S. agricultural companies and landowners could face reduced risk.

Who Bears the Burden and How

Foreign investors from China, North Korea, Russia, and Iran purchasing U.S. agricultural land could face higher barriers, Foreign investors in U.S. agricultural assets would take on compliance duties, and CFIUS and USDA personnel would take on compliance duties.

Key Provisions

  • Requires CFIUS to review agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran after notification from the Secretary of Agriculture based on intelligence information.
  • Adds the Secretary of Agriculture as a member of CFIUS (Committee on Foreign Investment in the United States) for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires CFIUS to review agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran after notification from the Secretary of Agriculture based on intelligence information and adds the Secretary of Agriculture as a member of CFIUS (Committee on Foreign Investment in the United States) for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry.

Key Policy Areas

Agriculture, Foreign Policy, National Security, Finance

Primary Purpose

The bill requires CFIUS to review agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran after notification from the Secretary of Agriculture based on intelligence information and adds the Secretary of Agriculture as a member of CFIUS (Committee on Foreign Investment in the United States) for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry.

Policy Domains

Agriculture Foreign Policy National Security Finance

Section 2 - CFIUS Membership

Identified Gains
  • U.S. Department of Agriculture
  • Legal and compliance firms specializing in CFIUS
  • U.S. agricultural companies and landowners
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
U.S. Department of Agriculture:
U.S. agricultural companies and landowners:
Legal and compliance firms specializing in CFIUS:
Identified Costs
  • Foreign investors from China, North Korea, Russia, and Iran purchasing U.S. agricultural land
  • Foreign investors in U.S. agricultural assets
  • CFIUS and USDA personnel
  • U.S. agricultural producers competing with foreign-owned operations
  • U.S. agricultural land owners and sellers
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
CFIUS and USDA personnel:
U.S. agricultural land owners and sellers:
Foreign investors in U.S. agricultural assets:
U.S. agricultural producers competing with foreign-owned operations:
Foreign investors from China, North Korea, Russia, and Iran purchasing U.S. agricultural land:

Legislative Progress

In Committee
Introduced Committee Passed
Jul 14, 2025

Mr. Cramer (for himself, Ms. Alsobrooks, Ms. Lummis, and Mr. …

Jul 14, 2025

Read twice and referred to the Committee on Banking, Housing, …

Jul 14, 2025

Introduced in Senate

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
4 mentions across 2 clauses
+1 positive -1 negative ?2 uncertain

CFIUS and USDA personnel, CFIUS member agencies, Intelligence community agencies

Positive-direction: U.S. Department of Agriculture

Negative-direction: CFIUS and USDA personnel

Agriculture
3 mentions across 2 clauses
+2 positive -1 negative

U.S. agricultural companies and landowners, U.S. agricultural land owners and sellers, U.S. agricultural producers competing with foreign-owned operations

Positive-direction: U.S. agricultural companies and landowners, U.S. agricultural producers competing with foreign-owned operations

Negative-direction: U.S. agricultural land owners and sellers

Foreign Investment
2 mentions across 2 clauses
-2 negative

Foreign investors from China, North Korea, Russia, and Iran purchasing U.S. agricultural land, Foreign investors in U.S. agricultural assets

Professional Services
1 mention across 1 clause
+1 positive

Legal and compliance firms specializing in CFIUS

2/3
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Agriculture Foreign Policy National Security Finance
Actor Mappings
"the_committee"
→ Committee on Foreign Investment in the United States (CFIUS)
"the_secretary"
→ Secretary of Agriculture
Domains
Foreign Investment Agriculture National Security Land Use
Actor Mappings
"the_committee"
→ Committee on Foreign Investment in the United States (CFIUS)
"the_secretary"
→ Secretary of Agriculture

Key Definitions

Terms defined in this bill

2 terms
"covered transaction involving agriculture" §2

A transaction involving agricultural land, agriculture biotechnology, or the agriculture industry including agricultural transportation, storage, and processing

"reportable agricultural land transaction" §3

A transaction that (1) the Secretary of Agriculture believes is a covered transaction based on intelligence information, (2) involves acquisition of agricultural land by a foreign person from China, North Korea, Russia, or Iran, and (3) requires a report under the Agricultural Foreign Investment Disclosure Act of 1978

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology