A resolution commemorating the 62nd anniversary of the Bay of Pigs operation and remembering the members of Brigada de Asalto 2506 (Assault Brigade 2506).
- Last Action
- 4/20/2023
Actions
- 2023-02-28Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-359.
- 2023-01-31Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-01-31Introduced in Senate
CRS Summary
As of 2023-01-31 (00)
Promoting Agriculture Safeguards and Security Act of 2023 or the PASS Act of 2023
This bill establishes requirements to address the national security risk to the agricultural sector of the United States.
Specifically, the bill prohibits persons who are acting on behalf of China, Russia, Iran, or North Korea from purchasing or investing in U.S. agricultural land and companies. The President may waive this prohibition, on a case-by-case basis, if the President determines that the waiver is vital to U.S. national security interests.
The bill also places the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS) and requires CFIUS to review certain transactions involving investments by foreign persons in the U.S. agricultural sector.
Additionally, the Department of Agriculture must report on the risks that foreign purchases of U.S. businesses engaged in agriculture pose to the agricultural sector of the United States.
Cosponsors (11)
- John Hoeven (R-ND)
- Jon Tester (D-MT)
- Kevin Cramer (R-ND)
- Cynthia Lummis (R-WY)
- John Thune (R-SD)
- Steve Daines (R-MT)
- Jerry Moran (R-KS)
- John Kennedy (R-LA)
- Mike Crapo (R-ID)
- Tim Scott (R-SC)
- Katie Britt (R-AL)
Subjects
- Agricultural trade
- Asia
- China
- Congressional oversight
- Europe
- Federal officials
- Foreign and international corporations
- Iran
- Middle East
- North Korea
- Russia
- U.S. and foreign investments
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.