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Protecting US Agriculture: New Foreign Investment Rules

This act aims to protect American agriculture from foreign takeovers by entities from certain countries. It introduces new rules for reviewing investments in agricultural companies, which could impact food security and the stability of the US agricultural sector. Citizens may feel more confident about domestic control over food production.
Key points
The Secretary of Agriculture will join the committee reviewing foreign investments, increasing oversight of agricultural transactions.
Prohibition on takeovers of US agricultural companies by entities from China, Russia, Iran, and North Korea.
Requirement for regular reports on risks associated with foreign purchases in the agricultural sector.
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Expired
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Additional Information
Print number: 117_HR_8274
Sponsor: Rep. Stefanik, Elise M. [R-NY-21]
Process start date: 2022-07-01
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

PASS Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_8274.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-07-01.

What are the main provisions?

Key points include:

  • The Secretary of Agriculture will join the committee reviewing foreign investments, increasing oversight of agricultural transactions.
  • Prohibition on takeovers of US agricultural companies by entities from China, Russia, Iran, and North Korea.
  • Requirement for regular reports on risks associated with foreign purchases in the agricultural sector.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Stefanik, Elise M. [R-NY-21].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Agriculture Security Economy