Protecting American Agriculture from Foreign Adversaries Act of 2024

This bill adds the Secretary of Agriculture to the Committee on Foreign Investment in the U.S. (CFIUS) for transactions involving agricultural land, biotechnology, or agriculture-related infrastructure (like transportation, storage, or processing). It requires the Secretary to notify CFIUS about transactions where a foreign person from China, North Korea, Russia, or Iran acquires U.S. agricultural assets, as defined by existing law. CFIUS then decides whether to review such transactions or take other action. The provisions apply only to transactions involving those four countries and sunset once they are removed from the official list of "foreign adversaries" in federal regulations.