HR 8274 United States House · 117th Congress

PASS Act of 2022

Summary

Promoting Agriculture Safeguards and Security Act of 2022 or the PASS Act of 2022 This bill places the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS). Further, the bill requires CFIUS to review certain agriculture-related transactions, including those related to biotechnology. The bill also prohibits persons who are acting on behalf of a prohibited country (i.e., China, Russia, Iran, or North Korea) from carrying out any merger, acquisition, or takeover that could result in foreign control of a U.S. agricultural company.

Bill status in committee 1 of 4 stages cleared

Introduction

Jul 2022

Committee Review

Floor Vote

President

Introduced Jul 1, 2022 Last action Jul 1, 2022

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Full legislative history

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Key actions

Committee

Jul 1, 2022

Committee

Referred to the Committee on Financial Services, and in addition to the Committees on Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

lower

Jul 1, 2022

Introduced

Introduced in House

lower

1 primary · 17 co-sponsors