Agricultural Security Risk Review Act

Bill: 117-hr-3413
Sponsor: full_name: Rep. Lucas, Frank D. [R-OK-3]
Introduced: 2021-05-20
Policy area: Foreign Trade and International Finance
Subjects: Agricultural trade

Corporate finance and management

Department of Agriculture

Federal officials

U.S. and foreign investments
Latest action: action_date: 2021-05-21
text: Referred to the Subcommittee on Consumer Protection and Commerce.

Summaries:
action_date: 2021-05-20
action_desc: Introduced in House
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: I 117th CONGRESS 1st Session H. R. 3413 IN THE HOUSE OF REPRESENTATIVES May 20, 2021 Mr. Lucas introduced the following bill; which was referred to the Committee on Financial Services , and in addition to the Committees on Energy and Commerce , and Foreign Affairs , 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 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. .