An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Committee on Foreign Investment in the United States (CFIUS)

A government committee that reviews certain foreign investments in U.S. businesses to determine if they pose a national security risk.

Defense Production Act of 1950

A U.S. law that grants the President broad powers to mobilize domestic industry for national defense, including authorizing reviews of foreign investments.

Covered Transaction

A specific type of foreign investment or acquisition that CFIUS has the authority to review for national security implications.

Foreign Person

An individual, company, or entity that is not a U.S. citizen or a lawful permanent resident, or is controlled by a foreign government or national.

Agricultural Land

Land used for farming, ranching, forestry, or other agricultural purposes, as defined by existing U.S. law.

Covered Foreign Person

A foreign person or entity acting on behalf of, or controlled by the government of, a country identified as a foreign adversary (e.g., China, Russia, Iran, North Korea).

Reportable Agricultural Land Transaction

A transaction involving a foreign person buying agricultural land, which the Secretary of Agriculture believes is a covered transaction and requires reporting under existing law.