HR 4577 United States House · 118th Congress

Protecting U.S. Farmland and Sensitive Sites From Foreign Adversaries Act

This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review real estate transactions involving foreign adversaries (including China, Russia, Iran, and North Korea) near sensitive sites like military installations, ports, or critical infrastructure. It defines "elevated risk real estate transactions" as purchases or leases by foreign adversaries near such sites, creating a presumption that these deals pose unresolvable national security risks unless CFIUS explicitly approves them with evidence. The bill also adds food security considerations to CFIUS reviews and mandates declarations for these high-risk transactions. These changes aim to prevent foreign adversaries from gaining access to strategic U.S. land or infrastructure through real estate deals.
Bill status in committee 1 of 4 stages cleared
Introduction
Jul 2023
Committee Review
Floor Vote
President
Introduced Jul 12, 2023 Last action Jul 14, 2023
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jul 14, 2023
Committee
Referred to the Subcommittee on Innovation, Data, and Commerce.
lower
Jul 12, 2023
Committee
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.
lower
Jul 12, 2023
Introduced
Introduced in House
lower
1 primary · 33 co-sponsors

Sponsors