To require the Secretary of Agriculture to enter into a memoranda of understanding with CFIUS with respect to reports under AFIDA and to update the AFIDA handbook.

TL;DR (AI)

• This bill requires the Secretary of Agriculture to share AFIDA reports and related information with the Committee on Foreign Investment in the United States (CFIUS).
• The bill mandates an update to the Farm Service Agency's 'Foreign Investment Disclosure' handbook within two years, incorporating recommendations from a recent Government Accountability Office (GAO) report.
• The handbook will be updated every ten years thereafter, continuing to include GAO recommendations.