Hinson Helps Introduce Bipartisan CFIUS Reform, Protecting U.S. Farmland and Sensitive Sites from Foreign Adversaries Act

Washington, D.C. - Congresswoman Ashley Hinson (R-IA-02) helped introduce hallmark legislation to give the Committee on Foreign Investment in the United States (CFIUS) jurisdiction over all land purchases by foreign adversary entities and require mandatory CFIUS filing for foreign adversary entities making land purchases near sensitive sites, including all military facilities. This bill, led by Chairman Mike Gallagher (R-WI-08) and Representative Mike Thompson (D-CA-04), would mark the first change to CFIUS' mandate since 2018. 

“The CCP isn’t buying up U.S. farmland at random – it is a deliberate effort to exert control over our food supply and have easier access to military sites. Our legislation will strengthen oversight of foreign land purchases and prevent the CCP from buying up American farmland to protect our food supply and national security," said Rep. Hinson.” - Congresswoman Ashley Hinson

"The United States cannot allow foreign adversaries like the Chinese Communist Party and its proxies to acquire real estate near sensitive sites like military bases or telecom infrastructure, potentially exploiting our critical technology and endangering our servicemembers. This bill gives CFIUS jurisdiction over foreign adversary real estate transactions to guard against the threat of the CCP and other adversaries purchasing land for malign purposes, and it also encourages CFIUS to consider food security issues as it evaluates the national security risk of a given transaction." - Congressman Mike Gallagher

“Protecting national security and food security go hand in hand in our region – which is why it is vital to know who owns land around national security sites. The bipartisan legislation I am introducing with Chairman Gallagher will help identify foreign actors who are seeking to purchase land near military installations while maintaining food security throughout our country.” - Congressman Mike Thompson

The bill would: 

1. Give CFIUS jurisdiction over all land purchases (with exceptions for real estate in urban areas and single housing units) by foreign adversary entities.
2.  Authorize CFIUS to consider U.S. food security, including via biotechnology acquisition, as a factor in its national security reviews and require the Secretary of Agriculture have a vote in CFIUS reviews of transactions that involve farmland or agriculture technology.
3.  Establish a negative presumption (“presumption of non-resolvability”) for CFIUS reviews that raises the approval threshold for CFIUS transactions by a foreign adversary entity purchasing land near sensitive sites (e.g., major military sites, acknowledged intelligence facilities, etc.) 
4. Mandate CFIUS filing for foreign adversary entities making land purchases near sensitive sites. This will ensure CFIUS remains apprised of ongoing real estate purchases by foreign adversary entities.
5. Expand the list of sensitive national security sites designated for CFIUS jurisdiction.

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