H.R. 1448 · 118th Congress
DARE Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
FeenstraSponsor11 cosponsors · 11 R
R
Guest
CH
R
Higgins
ML
R
Lawler
DV
R
Van Orden
DB
R
Bacon
RJ
R
Jackson
LC
R
Chavez-DeRemer
WS
R
Steube
MF
R
Flood
MM
R
Miller-Meeks
ZZ
R
(Zach) Nunn4 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Defend America's Rural Energy Act of 2023 or the DARE Act of 2023
What it does: CRS summary · Introduced in House · Mar 8, 2023
Defend America's Rural Energy Act of 2023 or the DARE Act of 2023
This bill requires the Committee on Foreign Investment in the United States (CFIUS) to review certain real estate transactions by foreign governments. (CFIUS is an interagency committee that oversees the national security risk of certain foreign direct investments in the U.S. economy. It may recommend that the President suspend or prohibit certain transactions.)
Under the bill, CFIUS must review the acquisition by a foreign government or an entity acting on its behalf of (1) agricultural land used to grow corn and soybeans for the purpose of renewable energy, or (2) land used for wind turbines or other wind energy production. The transfer of an interest in such land to a foreign government or an entity acting on its behalf is likewise subject to CFIUS review.
The bill also prohibits China, Russia, Iran, and North Korea, as well as persons acting on their behalf, from acquiring any interest in these types of land.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: DARE Act of 2023
Also known as: Defend America’s Rural Energy Act of 2023
Latest action (Mar 8, 2023): 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 Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: International Affairs · Origin: House · Introduced: Mar 8, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.