Hoeven, Rounds Reintroduce Legislation to Ban Foreign Adversaries from Buying American Farmland and Agricultural Businesses

WASHINGTON – Senator John Hoeven this week joined Senator Mike Rounds (R-S.D.) in reintroducing the Promoting Agriculture Safeguards and Security (PASS) Act, legislation to ban individuals and entities controlled by China, Russia, Iran and North Korea from purchasing agricultural land and businesses located near U.S. military installations or sensitive sites.

“Foreign adversaries are buying up U.S. farmland which is a threat not only to our food security, but our national security. Our legislation will prevent these bad actors from purchasing farmland and agricultural businesses near our strategic assets to better protect our nation from those with malign intentions,” said Hoeven.

The PASS Act is also cosponsored by Majority Leader John Thune (R-S.D.) and Senators Catherine Cortez Masto (D-Nev.) and Cynthia Lummis (R-Wyo.).

In February 2025, President Trump issued a National Security Presidential Memorandum (NSPM) to promote foreign investment while protecting America’s national security interests. In the NSPM, the President specifically mentioned adopting new rules to stop China from “buying up America.”

Specifically, the PASS Act would:

Ban purchases of agricultural land by individuals/entities controlled by North Korea, China, Russia and Iran near military installations and sensitive sites.
Make the Secretary of Agriculture a voting member of the Committee on Foreign Investment in the United States (CFIUS) for all covered transactions involving the purchase of agricultural land, biotechnology, and any other transaction related to the agriculture industry in the United States.
Give the U.S. Department of Agriculture the ability to refer cases to CFIUS for review if there is reason to believe an agriculture land transaction may raise a national security concern.

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