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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9442 Introduced in House (IH)]

<DOC>

118th CONGRESS
  2d Session
                                H. R. 9442

   To amend the Defense Production Act of 1950 and the Agricultural 
   Foreign Investment Disclosure Act of 1978 with respect to foreign 
               investments in United States agriculture.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            August 30, 2024

 Mr. Newhouse introduced the following bill; which was referred to the 
Committee on Agriculture, and in addition to the Committees on Foreign 
 Affairs, Energy and Commerce, and Financial Services, 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

_______________________________________________________________________

                                 A BILL

 
   To amend the Defense Production Act of 1950 and the Agricultural 
   Foreign Investment Disclosure Act of 1978 with respect to foreign 
               investments in United States agriculture.

    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 ``Protecting American Agriculture from 
Foreign Adversaries Act of 2024''.

SEC. 2. INCLUSION OF SECRETARY OF AGRICULTURE ON COMMITTEE ON FOREIGN 
              INVESTMENT IN UNITED STATES AND NOTIFICATION REQUIREMENT 
              FOR PARTICULAR COVERED TRANSACTION.

    (a) Inclusion on the Committee.--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.--For 
        purposes of paragraph (2)(J), 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--
                            ``(i) transportation;
                            ``(ii) storage; and
                            ``(iii) processing.''.
    (b) Notification of a Particular Covered Transaction.--The 
Agricultural Foreign Investment Disclosure Act of 1978 (7 U.S.C. 3501, 
et seq.) is amended--
            (1) in section 2, by adding at the end the following:
    ``(g)(1) The Secretary shall, to the maximum extent practicable, 
notify the Committee on Foreign Investment in the United States with 
respect to each covered transaction relating to agricultural land that 
the Secretary has reason to believe, based on information received from 
or in cooperation with the intelligence community--
                    ``(A) may pose a risk to the national security of 
                the United States; and
                    ``(B) requires a report to be submitted to the 
                Secretary of Agriculture under subsection (a).
            ``(2) Under paragraph (1), the Secretary shall prioritize 
        notification in the case of a covered transaction where a 
        foreign country of concern or a foreign entity of concern 
        acquires or transfers an interest in agricultural land other 
        than a security interest.''; and
            (2) in section 9--
                    (A) in paragraph (5), by striking ``and'';
                    (B) in paragraph (6), by striking the period at the 
                end and inserting a semicolon; and
                    (C) by adding at the end the following:
            ``(7) the term `covered transaction' has the meaning given 
        such term in section 721(a) of the Defense Production Act of 
        1950 (50 U.S.C. 4565(a));
            ``(8) the terms `foreign country of concern' and `foreign 
        entity of concern' have the meanings given such terms in 
        section 10612(a) of the CHIPS Act of 2022 (42 U.S.C. 19221(a)), 
        respectively; and
            ``(9) the term `intelligence community' has the meaning 
        given such term in section 3 of the National Security Act of 
        1947 (50 U.S.C. 3003).''.
                                 <all>
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