1. United States
2. Mich.
3. Letter

The Safeguarding American Farms from Foreign Influence Act aims to prevent foreign entities from acquiring agricultural land in the United States by empowering the Committee on Foreign Investment in the United States (CFIUS) to review such transactions. This bill would require CFIUS to determine whether a national security review is warranted for "reportable agricultural land transactions" referred by the Secretary of Agriculture. A reportable transaction involves the acquisition of an interest in agricultural land by a foreign person, excluding those from "excepted foreign states." The Secretary of Agriculture must notify CFIUS of such transactions that could potentially be considered covered transactions posing national security concerns. Within 30 days of notification, CFIUS must decide whether to initiate a formal review or take other authorized action regarding the transaction. This legislative measure seems intended to safeguard American agricultural resources and food security from undue foreign control or influence. An official review process would allow for scrutiny of transactions that could undermine national interests.