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Protecting US Agriculture: New Rules for Foreign Investments

This act aims to protect American agriculture. It introduces new rules for foreign investments in US agricultural businesses and farmland. This is to prevent risky foreign entities from acquiring key resources, which could impact food security and the economy.
Key points
Strengthened oversight of foreign investments in US agricultural businesses and farmland.
Prohibition of US agricultural businesses or farmland acquisitions by entities from China, Russia, Iran, and North Korea.
The Secretary of Agriculture will join the committee reviewing foreign investments, increasing oversight of the agricultural sector.
Requirement for regular reports on risks from foreign purchases in the agricultural sector.
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Expired
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Additional Information
Print number: 118_HR_683
Sponsor: Rep. Stefanik, Elise M. [R-NY-21]
Process start date: 2023-01-31
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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 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_683.

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 2023-01-31.

What are the main provisions?

Key points include:

  • Strengthened oversight of foreign investments in US agricultural businesses and farmland.
  • Prohibition of US agricultural businesses or farmland acquisitions by entities from China, Russia, Iran, and North Korea.
  • The Secretary of Agriculture will join the committee reviewing foreign investments, increasing oversight of the agricultural sector.
  • Requirement for regular reports on risks from 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 2025-12-25.

CATEGORIES

Agriculture Security Economy