II 

118TH CONGRESS 

2D SESSION S. 5007 

To amend the Defense Production Act of 1950 with respect to foreign 

investments in United States agriculture, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

SEPTEMBER 10, 2024 

Mr. BRAUN (for himself, Mr. COTTON, Mr. MARSHALL, Mr. GRASSLEY, Mr. 

TUBERVILLE, Mrs. BLACKBURN, Mr. RICKETTS, Mr. BARRASSO, Mr. 

TESTER, Mr. FETTERMAN, Mr. MANCHIN, Mrs. FISCHER, Mrs. BRITT, 

Ms. BALDWIN, Mr. YOUNG, Ms. ERNST, and Ms. LUMMIS) introduced the 

following bill; which was read twice and referred to the Committee on 

Banking, Housing, and Urban Affairs 

A BILL 

To amend the Defense Production Act of 1950 with respect 

to foreign investments in United States agriculture, and 

for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Protecting American 

5 Agriculture from Foreign Adversaries Act of 2024’’. 


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1 SEC. 2. INCLUSION OF SECRETARY OF AGRICULTURE ON 

2 COMMITTEE ON FOREIGN INVESTMENT IN 

3 UNITED STATES AND CONSIDERATION OF 

4 CERTAIN AGRICULTURAL LAND TRANS5 ACTIONS. 

6 (a) INCLUSION ON THE COMMITTEE.—Section 

7 721(k) of the Defense Production Act of 1950 (50 U.S.C. 

8 4565(k)) is amended by adding at the end the following: 

9 ‘‘(8) INCLUSION OF THE SECRETARY OF AGRI10 CULTURE.—The Secretary of Agriculture shall be a 

11 member of the Committee with respect to a covered 

12 transaction that involves— 

13 ‘‘(A) agricultural land; 

14 ‘‘(B) agriculture biotechnology; or 

15 ‘‘(C) the agriculture industry, including ag16 ricultural— 

17 ‘‘(i) transportation; 

18 ‘‘(ii) storage; and 

19 ‘‘(iii) processing.’’. 

20 (b) CONSIDERATION OF CERTAIN AGRICULTURAL

21 LAND TRANSACTIONS.—Section 721(b)(1) of the Defense 

22 Production Act of 1950 (50 U.S.C. 4565(b)(1)) is amend23 ed by adding at the end the following: 

24 ‘‘(I) CONSIDERATION OF CERTAIN AGRI25 CULTURAL LAND TRANSACTIONS.— 


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1 ‘‘(i) IN GENERAL.—After receiving no2 tification from the Secretary of Agriculture 

3 of a reportable agricultural land trans4 action, the Committee shall determine— 

5 ‘‘(I) whether the transaction is a 

6 covered transaction; and 

7 ‘‘(II) if the Committee deter8 mines that the transaction is a cov9 ered transaction, whether the Com10 mittee should initiate a review pursu11 ant to subparagraph (D), or take an12 other action authorized under this sec13 tion, with respect to the reportable ag14 ricultural land transaction. 

15 ‘‘(ii) SUNSET.—The requirements 

16 under this subparagraph shall terminate, 

17 with respect to a foreign person of a cov18 ered country, on the date on which that 

19 country is removed from the list of foreign 

20 adversaries set forth in section 791.4 of 

21 title 15, Code of Federal Regulations. 

22 ‘‘(iii) DEFINITIONS.—In this subpara23 graph: 

24 ‘‘(I) COVERED COUNTRY.—The 

25 term ‘covered country’ means the PeoVerDate Sep 11 2014 19:05 Sep 12, 2024 Jkt 049200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S5007.IS S5007

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1 ple’s Republic of China, the Demo2 cratic People’s Republic of Korea, the 

3 Russian Federation, or the Islamic 

4 Republic of Iran. 

5 ‘‘(II) REPORTABLE AGRICUL6 TURAL LAND TRANSACTION.—The 

7 term ‘reportable agricultural land 

8 transaction’ means a transaction— 

9 ‘‘(aa) that the Secretary of 

10 Agriculture has reason to believe 

11 is a covered transaction; 

12 ‘‘(bb) that involves the ac13 quisition of an interest in agricul14 tural land by a foreign person of 

15 a covered country; and 

16 ‘‘(cc) with respect to which a 

17 person is required to submit a re18 port to the Secretary of Agri19 culture under section 2(a) of the 

20 Agricultural Foreign Investment 

21 Disclosure Act of 1978 (7 U.S.C. 

22 3501(a)).’’. 

Æ 


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