Protecting American Agriculture from Foreign Adversaries Act of 2024 thru House

Thursday, September 12, 2024 at 10:53 AM

By Staff report

According to the USDA, over 43.4 million acres of U.S. agricultural land is foreign-owned.

Senator Mike Braun celebrated the passage of the House version of the Protecting American Agriculture from Foreign Adversaries Act of 2024.

This bill in the Senate was led by Senator Mike Braun and Senator Tommy Tuberville.

The Protecting American Agriculture from Foreign Adversaries Act of 2024 would add the Secretary of Agriculture to the Committee on Foreign Investment in the United States (CFIUS) to add another layer of scrutiny on foreign acquisitions of U.S. farmland and agricultural industries and, specifically, flag farmland purchases by foreign adversaries like China, North Korea, Russia and Iran.

According to the USDA, over 43.4 million acres of U.S. agricultural land is foreign-owned.

This bill is sponsored by the Indiana Farm Bureau, American Farm Bureau, Indiana Soybean Alliance, Indiana Corn Growers Association, and the National Cattleman’s Beef Association.