118th Congress · HOUSE BILLBILL

H.R. 5409Safeguarding American Farms from Foreign Influence Act

To amend the Defense Production Act of 1950 to require the Committee on Foreign Investment in the United States to determine whether a national security review is needed for reportable agricultural land transactions referred by the Secretary of Agriculture, and for other purposes.

Foreign trade and international finance
Introduced Sep 12, 2023
Last action Dec 19, 2024
Pipeline · Bill → Law
Step 1
Introduced
Sep 12, 2023
Step 2
Referred
Sep 12, 2023
Financial Services · Foreign Affairs · E&C
Step 3
Committee
Sep 20, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to determine whether a national security review is necessary for reportable agricultural land transactions that are referred by the Department of Agriculture (USDA). (CFIUS oversees the national security risks of certain foreign investment in the United States. CFIUS has the authority to review covered transactions, which include mergers, acquisitions, and takeovers that could result in foreign control of a U.S. business; certain noncontrolling investments in businesses involved in critical technologies, critical infrastructure, or sensitive personal data; and certain real estate transactions. The President m...

Provisions · 2 sectionsReported to House
Timeline · 12 actions
Dec 19, 2024
Committee on Foreign Affairs discharged.
Dec 19, 2024
Committee on Energy and Commerce discharged.
Dec 19, 2024
Placed on the Union Calendar, Calendar No. 782.
Dec 5, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-801, Part I.
Dec 5, 2024
House Committee on Foreign Affairs Granted an extension for further consideration ending not later than Dec. 19, 2024.
Dec 5, 2024
House Committee on Energy and Commerce Granted an extension for further consideration ending not later than Dec. 19, 2024.
Sep 20, 2023
Committee Consideration and Mark-up Session Held
Sep 20, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 44 - 0.
Sep 12, 2023
Introduced in House
Sep 12, 2023
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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.
Sep 12, 2023
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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.
Sep 12, 2023
Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, 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.