Politiparty
Politiparty

118th Congress Agriculture and Food

S. 168: PASS Act of 2023

Introduced

  1. Introduced (completed)Jan 31, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jan 31, 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.

Read the full summary

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

11

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Mike Rounds R-SD SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Mike Rounds

History

  1. Jan 31, 2023Introduced in the Senate by Mike Rounds.
Show the full action history (3 actions)
  1. Feb 28, 2023Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-359.
  2. Jan 31, 2023Introduced in Senate
  3. Jan 31, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.