115th CONGRESS 1st Session |
To amend section 721 of the Defense Production Act of 1950 to include the Secretary of Agriculture and the Secretary of Health and Human Services as members of the Committee on Foreign Investment in the United States and to require the Committee to consider the security of the food and agriculture systems of the United States as a factor to be considered when determining to take action with respect to foreign investment, and for other purposes.
March 14, 2017
Mr. Grassley (for himself, Ms. Stabenow, and Mrs. Ernst) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
To amend section 721 of the Defense Production Act of 1950 to include the Secretary of Agriculture and the Secretary of Health and Human Services as members of the Committee on Foreign Investment in the United States and to require the Committee to consider the security of the food and agriculture systems of the United States as a factor to be considered when determining to take action with respect to foreign investment, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Food Security is National Security Act of 2017”.
SEC. 2. Consideration of food insecurity in determinations of the Committee on Foreign Investment in the United States.
Section 721(f) of the Defense Production Act of 1950 (50 U.S.C. 4565(f)) is amended—
(1) in paragraph (10), by striking “; and” and inserting a semicolon;
(2) by redesignating paragraph (11) as paragraph (12); and
(3) by inserting after paragraph (10) the following:
“(11) the potential effects of the proposed or pending transaction on the security of the food and agriculture systems of the United States, including any effects on the availability of, access to, or safety and quality of food; and”.
SEC. 3. Inclusion of Secretaries of Agriculture and Health and Human Services on the Committee on Foreign Investment in the United States.
Section 721(k)(2) of the Defense Production Act of 1950 (50 U.S.C. 4565(k)(2)) is amended—
(1) by redesignating subparagraphs (H), (I), and (J) as subparagraphs (J), (K), and (L), respectively; and
(2) by inserting after subparagraph (G) the following: