IB 

Union Calendar No. 782 

118TH CONGRESS 

2D SESSION H. R. 5409 

[Report No. 118–801, Part I] 

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. 

IN THE HOUSE OF REPRESENTATIVES 

SEPTEMBER 12, 2023 

Mr. LUETKEMEYER introduced the following bill; which was 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 

DECEMBER 5, 2024 

Reported from the Committee on Financial Services with an amendment 

[Strike out all after the enacting clause and insert the part printed in italic] 

DECEMBER 5, 2024 

Referral to the Committees on Foreign Affairs and Energy and Commerce 

extended for a period ending not later than December 19, 2024 

DECEMBER 19, 2024 

Additional sponsors: Mr. NUNN of Iowa, Mr. HUIZENGA, Mr. SHERMAN, Mr. 

BARR and Ms. MANNING

DECEMBER 19, 2024 

Committees on Foreign Affairs and Energy and Commerce discharged; committed to the Committee of the Whole House on the State of the Union 

and ordered to be printed 

[For text of introduced bill, see copy of bill as introduced on September 12, 2023] 


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•HR 5409 RH

A BILL 

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. 


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•HR 5409 RH

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 ‘‘Safeguarding American 

5 Farms from Foreign Influence Act’’. 

6 SEC. 2. CONSIDERATION OF CERTAIN AGRICULTURAL LAND 

7 TRANSACTIONS. 

8 Section 721(b)(1) of the Defense Production Act of 

9 1950 (50 U.S.C. 4565(b)(1)) is amended by adding at the 

10 end the following: 

11 ‘‘(I) CONSIDERATION OF CERTAIN AGRICUL12 TURAL LAND TRANSACTIONS.— 

13 ‘‘(i) NOTIFICATION.—The Secretary of 

14 Agriculture shall notify the Committee of 

15 any reportable agricultural land trans16 action that the Secretary of Agriculture has 

17 reason to believe may raise national secu18 rity concerns. 

19 ‘‘(ii) DETERMINATION.—After receiv20 ing notification from the Secretary of Agri21 culture of a reportable agricultural land 

22 transaction, the Committee shall deter23 mine— 

24 ‘‘(I) whether the transaction is a 

25 covered transaction; and 


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•HR 5409 RH

1 ‘‘(II) if the Committee determines 

2 that the transaction is a covered trans3 action, whether the Committee should 

4 initiate a review pursuant to subpara5 graph (D), or take another action au6 thorized under this section, with re7 spect to the reportable agricultural 

8 land transaction. 

9 ‘‘(iii) REPORTABLE AGRICULTURAL

10 LAND TRANSACTION.—In this subparagraph, 

11 the term ‘reportable agricultural land trans12 action’ means a transaction— 

13 ‘‘(I) that the Secretary of Agri14 culture has reason to believe is a cov15 ered transaction; 

16 ‘‘(II) that involves the acquisition 

17 of an interest in agricultural land by 

18 a foreign person, other than by an ex19 cepted investor or an excepted real es20 tate investor, as such terms are defined 

21 in regulations prescribed by the Com22 mittee; and 

23 ‘‘(III) with respect to which a 

24 person is required to submit a report 

25 to the Secretary of Agriculture under 


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•HR 5409 RH

1 section 2(a) of the Agricultural Foreign 

2 Investment Disclosure Act of 1978.’’. 


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Union Calendar No. 782 

118TH CONGRESS 

2D SESSION H. R. 5409 

[Report No. 118–801, Part I] 

A BILL 

To amend the Defense Production Act of 1950 to 

retary of Agriculture, and for other purposes. ricultural land transactions referred by the Sectional security review is needed for reportable agthe United States to determine whether a narequire the Committee on Foreign Investment in 

DECEMBER 19, 2024 

Committees on Foreign Affairs and Energy and Comto be printed Whole House on the State of the Union and ordered merce discharged; committed to the Committee of the 


DMWilson on DSKJM0X7X2PROD with BILLS