- Potential benefitBrings agricultural expertise into CFIUS decisionmaking by adding the Secretary of Agriculture, potentially improving r…
- StatesLimits acquisitions by persons connected to specified foreign governments, which supporters may cite as reducing foreig…
- Potential benefitCreates a recurring reporting requirement to Congress on foreign purchases of U.S. agricultural businesses, increasing…
PASS Act of 2025
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 S…
The bill (Promoting Agriculture Safeguards and Security Act of 2025) amends section 721 of the Defense Production Act (the CFIUS statute) to add the Secretary of Agriculture to the Committee on Foreign Investment in the United States, expand CFIUS review jurisdiction to cover certain foreign investments in U.S. agricultural businesses, agricultural biotechnology, and purchases/leases/concessions of private real estate used in agriculture, and to require the President to prohibit transactions that would result in control or investment by specified foreign persons connected to certain listed countries (China, Russia, Iran, North Korea) unless the President issues a case-by-case waiver after reporting that a waiver is vital to national security. The bill also requires the Secretary of Agriculture to submit a report to congressional agricultural committees within 180 days of enactment and every 180 days thereafter on risks posed by foreign purchases of U.S. agricultural businesses.
Scope and intrusiveness: liberals and centrists welcome security protections but want clear safeguards and transparency; conservatives worry about federal overreach into property/markets or want stricter bans.
Relative to its intended legislative type, this bill is a focused substantive statutory amendment that clearly integrates into existing CFIUS law and specifies prohibitions, definitions, and reporting requirements.
The bill (Promoting Agriculture Safeguards and Security Act of 2025) amends section 721 of the Defense Production Act (the CFIUS statute) to add the Secretary of Agriculture to the Committee on Foreign Investment in the United States, expand CFIUS review jurisdiction to cover certain foreign investments in U.S. agricultural businesses, agricultural biotechnology, and purchases/leases/concessions of private real estate used in agriculture, and to require the President to prohibit transactions that would result in control or investment by specified foreign persons connected to certain listed countries (China, Russia, Iran, North Korea) unless the President issues a case-by-case waiver after reporting that a waiver is vital to national security.
The bill also requires the Secretary of Agriculture to submit a report to congressional agricultural committees within 180 days of enactment and every 180 days thereafter on risks posed by foreign purchases of U.S. agricultural businesses.
On content alone the bill is a focused, administrable change to an existing national-security review framework that avoids major new spending and includes a presidential waiver and reporting duties—features that increase its legislative viability. Countervailing factors are politically sensitive targeting of specific foreign countries, potential resistance from agricultural and property stakeholders, and the absence of a sunset or detailed implementation funding. Those elements raise the likelihood of amendments, negotiation, and delays, especially in the Senate.
Relative to its intended legislative type, this bill is a focused substantive statutory amendment that clearly integrates into existing CFIUS law and specifies prohibitions, definitions, and reporting requirements. It establishes concrete legal authorities and some accountability mechanisms but leaves substantial operational, fiscal, and technical detail to implementing regulations or subsequent actions.
Scope and intrusiveness: liberals and centrists welcome security protections but want clear safeguards and transparency; conservatives worry about federal overreach into property/markets or want stricter bans.
Who stands to gain, and who may push back.
These are examples from the analysis, not a ranked list of the most-affected groups.
- StatesMay reduce inbound foreign investment and capital available to farmers, agribusinesses, and agri‑tech firms (including…
- StatesExpands regulatory scope and uncertainty for transactions involving agricultural businesses and real estate, likely inc…
- Federal agenciesConcentrating authority at the federal level over agricultural land and transactions could create friction with state p…
Why the argument around this bill splits.
Scope and intrusiveness: liberals and centrists welcome security protections but want clear safeguards and transparency; conservatives worry about federal overreach into property/markets or want stricter bans.
A mainstream progressive would generally view the bill as a reasonable national-security measure to protect the domestic food system and agricultural supply chains from influence or control by governments with adversarial relationships to the United States.
They would likely welcome the inclusion of the Secretary of Agriculture on CFIUS and the recurring reporting requirement, which increases oversight and transparency.
Progressives may, however, be attentive to whether the measure concentrates extra discretionary power in the executive branch and would want safeguards to ensure the policy does not become a cover for discriminatory enforcement or harm to farmworkers, small producers, or immigrant communities connected to agriculture.
A pragmatic centrist would see the bill as a targeted national-security update that responds to growing concern about foreign ownership of U.S. farmland and agricultural tech.
They are likely to welcome adding the Agriculture Secretary to CFIUS and periodic reporting, but will be cautious about open-ended prohibitions and potential economic side effects on investment, credit access, and trade relationships.
Centrists will pay attention to the legal clarity of definitions, the process for waivers, and administrative burden on both government and businesses.
A mainstream conservative would focus on the bill's national-security rationale—preventing adversarial states from acquiring U.S. farmland, agricultural businesses, and sensitive ag-biotech—and many would view those provisions favorably.
At the same time, conservatives who prioritize limited government and property rights may be uneasy about expanding CFIUS jurisdiction and adding automatic prohibitions subject to a presidential waiver, seeing this as federal overreach into private property and markets.
Some conservatives may argue the bill does not go far enough (for example, wanting a permanent ban without waivers) or that it risks harming U.S. agriculture by reducing investment options and increasing regulatory burden.
The path through Congress.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
On content alone the bill is a focused, administrable change to an existing national-security review framework that avoids major new spending and includes a presidential waiver and reporting duties—features that increase its legislative viability. Countervailing factors are politically sensitive targeting of specific foreign countries, potential resistance from agricultural and property stakeholders, and the absence of a sunset or detailed implementation funding. Those elements raise the likelihood of amendments, negotiation, and delays, especially in the Senate.
- No cost estimate or agency implementation analysis is included; potential administrative burden on CFIUS and USDA and any need for additional resources are unknown.
- How broadly the statutory reference to "agriculture" (via the Fair Labor Standards Act definition) will be interpreted in practice could materially affect the scope of covered transactions.
Recent votes on the bill.
No vote history yet
The bill has not accumulated any surfaced votes yet.
Go deeper than the headline read.
Scope and intrusiveness: liberals and centrists welcome security protections but want clear safeguards and transparency; conservatives worr…
On content alone the bill is a focused, administrable change to an existing national-security review framework that avoids major new spendi…
Relative to its intended legislative type, this bill is a focused substantive statutory amendment that clearly integrates into existing CFIUS law and specifies prohibitions, definitions, and reporting requirements. It e…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.