RepublicanBill · S. 903· Senate(119-S-903)

PASS Act

Rep. Rounds
Age: 72 years
South Dakota
Introduced
3/6/2025
Last activity
3/6/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsored by
Mike Rounds
Cosponsors
Republican - 6Democrat - 1
Agriculture and Food
  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the Promoting Agriculture Safeguards and Security Act or the PASS Act. It amends the Defense Production Act of 1950 to require the Committee on Foreign Investment in the United States to review and prohibit certain transactions relating to agriculture. Specifically, it focuses on transactions where covered foreign persons from specific countries attempt to purchase or lease agricultural land near sensitive United States military installations or government facilities. It also targets transactions that result in foreign control of a United States business engaged in agriculture or agricultural biotechnology. The President is required to prohibit these transactions unless a waiver is granted in the national interest. Additionally, departments and agencies on the Committee must submit recent spending plans, and new regulations will be issued to carry out these changes.

Yes

  • Does this give the federal government more power?+5

    The bill expands the authority of the Committee on Foreign Investment in the United States to review and prohibit transactions.

  • Would farmers be better off under this?+3

    The bill protects agricultural land and businesses from foreign control by specific adversary nations.

  • Would people in rural areas be better off under this?+2

    The bill protects local land ownership and agricultural security near sensitive government sites.

The opposite

  • Would business owners be better off under this?-3

    Foreign investors and certain agricultural businesses may face increased regulatory hurdles and prohibitions.