Agricultural Security Risk Review Act

Bill: 118-hr-3378
Sponsor: full_name: Rep. Lucas, Frank D. [R-OK-3]
Introduced: 2023-05-16
Policy area: Foreign Trade and International Finance
Subjects: Advisory bodies

Federal officials

U.S. and foreign investments
Latest action: action_date: 2024-12-19
text: Placed on the Union Calendar, Calendar No. 783.

Summaries:
action_date: 2023-05-16
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 on all transactions related to the purchase of agriculture land, agriculture biotechnology, and any other transaction related to the agriculture industry in the United States. (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: IB Union Calendar No. 783 118th CONGRESS 2d Session H. R. 3378 [Report No. 118–798, Part I] IN THE HOUSE OF REPRESENTATIVES May 16, 2023 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 December 5, 2024 Reported from the Committee on Financial Services with an amendment Strike out all after the enacting clause and insert the part printed in italic December 5, 2024 Referral to the Committees on Energy and Commerce and Foreign Affairs extended for a period ending not later than December 19, 2024 December 19, 2024 Additional sponsors: Mr. Bacon , Mr. Nunn of Iowa , Mr. Sherman , Mr. Barr , Ms. Slotkin and Ms. Blunt Rochester December 19, 2024 Committees on Energy and Commerce and Foreign Affairs discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed For text of introduced bill, see copy of bill as introduced on May 16, 2023 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. Agriculture representative 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), (I), and (J) as subparagraphs (I), (J), and (K), respectively; and (2) by inserting after subparagraph (G) the following: (H) The Secretary of Agriculture, with respect to all covered transactions involving the purchase of agricultural land, agriculture biotechnology, and any other covered transaction related to the agriculture industry in the United States. .

December 19, 2024 Committees on Energy and Commerce and Foreign Affairs discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: I 118th CONGRESS 1st Session H. R. 3378 IN THE HOUSE OF REPRESENTATIVES May 16, 2023 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. Agriculture representative 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), (I), and (J) as subparagraphs (I), (J), and (K), respectively; and (2) by inserting after subparagraph (G) the following: (H) The Secretary of Agriculture, on all transactions related to the purchase of agriculture land, agriculture biotechnology, and any other transaction related to the agriculture industry in the United States, as determined by the Secretary of Agriculture. .