S2268-119

In Committee

Agricultural Risk Review Act of 2025

119th Congress Introduced Jul 14, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The Agricultural Risk Review Act of 2025 strengthens oversight of foreign purchases of U.S. agricultural assets by adding the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS). It specifically requires CFIUS to review any agricultural land purchases by buyers from China, North Korea, Russia, or Iran when the Agriculture Secretary flags them based on intelligence information.

Who Benefits and How

The U.S. Department of Agriculture gains a permanent seat on CFIUS and expanded authority to review and potentially block foreign agricultural investments. U.S. agricultural producers and land owners benefit from enhanced scrutiny of foreign competitors, particularly from adversarial nations, reducing competition for farmland acquisitions. Legal and compliance firms specializing in CFIUS matters gain additional business from increased demand for expertise in navigating agricultural transaction reviews.

Who Bears the Burden and How

Foreign investors from China, Russia, North Korea, and Iran face mandatory CFIUS review for agricultural land purchases, creating significant barriers as transactions can be blocked on national security grounds. Agricultural land sellers may see reduced sale opportunities and potentially lower land values due to a smaller pool of foreign buyers from these countries. CFIUS and USDA staff face increased workload from reviewing reportable agricultural land transactions and coordinating with the intelligence community. Intelligence agencies must provide information to the Agriculture Secretary about potential covered transactions.

Key Provisions

  • Adds the Secretary of Agriculture as a voting member of CFIUS for transactions involving agricultural land, agriculture biotechnology, or the agriculture industry (including transportation, storage, and processing)
  • Requires mandatory CFIUS review when the Secretary of Agriculture notifies the committee of agricultural land purchases by foreign persons from China, North Korea, Russia, or Iran, based on intelligence information
  • Applies to transactions already subject to reporting under the Agricultural Foreign Investment Disclosure Act of 1978
  • Includes a sunset provision - the mandatory review requirement terminates for a specific country if it's removed from the federal list of foreign adversaries
  • Empowers CFIUS to determine whether flagged transactions warrant full review or other action under the Defense Production Act

Evidence Chain:

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

At a Glance

What This Bill Does

Adds the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) and requires CFIUS review of agricultural land purchases by foreign adversaries

Who Benefits

  • U.S. Department of Agriculture (expanded authority)
  • U.S. agricultural producers (protection from foreign competition)
  • National security agencies (enhanced screening capability)

Who Bears Costs

  • Foreign investors from China, North Korea, Russia, and Iran (mandatory CFIUS review)
  • Agricultural companies from adversary nations (compliance requirements and potential denial of transactions)
  • CFIUS and USDA staff (increased workload)

Key Policy Areas

National Security, Agriculture, Foreign Investment, Land Use

Primary Purpose

Adds the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) and requires CFIUS review of agricultural land purchases by foreign adversaries

Policy Domains

National Security Agriculture Foreign Investment Land Use

Legislative Strategy

"Strengthen national security oversight of foreign agricultural investments by adding agricultural expertise to CFIUS and creating mandatory review processes for acquisitions by adversarial nations"

Identified Gains

  • U.S. Department of Agriculture (expanded authority)
  • U.S. agricultural producers (protection from foreign competition)
  • National security agencies (enhanced screening capability)
  • Domestic agricultural land owners (reduced foreign competition for land purchases)

Identified Costs

  • Foreign investors from China, North Korea, Russia, and Iran (mandatory CFIUS review)
  • Agricultural companies from adversary nations (compliance requirements and potential denial of transactions)
  • CFIUS and USDA staff (increased workload)
  • Foreign agricultural investors generally (additional regulatory layer)

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
Foreign Investment Agriculture National Security
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