Section 1 Short title
This Act may be cited as the “Securing American Food Equity Act of 2016” or the “SAFE Act of 2016”.
Securing American Food Equity Act of 2016
A BILL
To include the Secretary of Agriculture on the Committee on Foreign Investment in the United States and to provide for the consideration by that Committee of the national security effects of foreign investment on agricultural assets.
Sec. 2 Consideration of agricultural effects of foreign investment by Committee on Foreign Investment in the United States
Consideration of national security effects on agricultural assets— Section 721(f)(6) of the Defense Production Act of 1950 (50 U.S.C. 4565(f)(6)) is amended by inserting “and agricultural” after “major energy”.
Inclusion of Secretary of Agriculture— Section 721(k)(2) of the Defense Production Act of 1950 (50 U.S.C. 4565(k)(2)) is amended—
by redesignating subparagraphs (H), (I), and (J) as subparagraphs (I), (J), and (K), respectively; and
by inserting after subparagraph (G) the following:
“(H) The Secretary of Agriculture.”