Agricultural Security Risk Review Act

Bill: 116-s-4235
Sponsor: full_name: Sen. Tillis, Thomas [R-NC]
Introduced: 2020-07-21
Policy area: Foreign Trade and International Finance
Subjects: Agricultural trade

Corporate finance and management

Department of Agriculture

Executive agency funding and structure

Federal officials

Foreign and international corporations

U.S. and foreign investments
Latest action: action_date: 2020-07-21
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2020-07-21
action_desc: Introduced in Senate
text: <p><b>Agricultural Security Risk Review Act</b></p> <p>This bill expands the membership of the Committee on Foreign Investment in the United States to include the Secretary of Agriculture. The committee reviews the national security implications of certain foreign investments in U.S. businesses or real estate, including critical infrastructure or technologies.</p>

tv_txt: II 116th CONGRESS 2d Session S. 4235 IN THE SENATE OF THE UNITED STATES July 21, 2020 Mr. Tillis (for himself and Mr. Inhofe ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Defense Production Act of 1950 to include the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States, and for other purposes.

1. Short title This Act may be cited as the Agricultural Security Risk Review Act . 2. Membership of the Committee on Foreign Investment in the United States Section 721(k)(2) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(k)(2) ) is amended— (1) by redesignating subparagraphs (H) through (J) as subparagraphs (I) through (K), respectively; and (2) by inserting after subparagraph (G) the following: (H) The Secretary of Agriculture. .