US Congress Senate Bill 3161 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 12 2016 - 25% progression, died in committee
Action: 2016-07-12 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

A bill to include the Secretary of Agriculture on the Committee on Foreign Investment in the United States and to provide for the consideration by that Committee of the national security effects of foreign investment on agricultural assets. This bill amends the Defense Production Act of 1950 to include the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS) and to require CFIUS to consider the national security-related effects on agricultural assets in reviewing transactions. (CFIUS is an interagency committee authorized under current law to review transactions that could result in control of a U.S. business by a foreign person in order to determine the effects of the transactions on national security.)

A bill to include the Secretary of Agriculture on the Committee on Foreign Investment in the United States and to provide for the consideration by that Committee of the national security effects of foreign investment on agricultural assets.

Sen. Chuck Grassley [R-IA]

Date	Chamber	Action
2016-07-12	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/senate-bill/3161/all-info
Text	https://www.congress.gov/114/bills/s3161/BILLS-114s3161is.pdf