The record

LegislationLegislation· Jun 2025
HR 1713 Passed House — in Senate

Sponsored by Frank D. Lucas (R)

Agricultural Risk Review Act of 2025

Requires CFIUS to review foreign agricultural land sales from China, Russia, North Korea, and Iran.

Tradeoff

Adds Agriculture Secretary to the foreign investment review committee for farm-related deals. Creates new reporting requirements for certain foreign agricultural land purchases.

What's in it

See official bill text

Costs $10 million over 2025-2030 for federal implementation.

The $10 million is the federal cost to enforce the new notification and review requirement; the policy's substantive impact falls on foreign investors who must now have their agricultural land purchases screened for national security concerns by CFIUS.

H.R. 1713, Agricultural Risk Review Act of 2025 · Apr 2025

Passed the House by on June 23, 2025 — sitting in the Senate.

  1. House

    Introduced

    (Feb 27, 2025)

  2. House

    Committee on Financial Services(Feb 27, 2025)

    The bill went to more than one committee at the same time.

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 48 - 0(Mar 5, 2025)

    Committee report H. Rept. 119-129, Part I.

  4. House

    Passage of the bill

    Passed by (Jun 23, 2025)

    No individual votes were recorded.

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jun 24, 2025)