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Lucas Bill to Protect American Farmland Passes out of the House
Today the Agricultural Risk Review Act (H.R. 1713) passed on the House floor after Congressman Lucas spoke in support of the bill.
H.R. 1713 adds the Secretary of Agriculture as a permanent member on the Committee on Foreign Investment in the United States (CFIUS), the interagency committee charged with reviewing the national security implications of foreign investments in the economy. The bill also requires CFIUS to consider referrals from USDA for reportable agricultural land transactions.
This bill was included under the Consolidated Appropriations Act of 2024 last Congress. H.R. 1713 would make these provisions permanent law.