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Agricultural Security Risk Review Act

H.R. 3378 · 118th Congress · May 16, 2023 · Lineage

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.

Section 1 Short title

This Act may be cited as the “Agricultural Security Risk Review Act”.

Sec. 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.”