S 3161
114th Congress
Senate
Foreign Trade and International Finance
Agricultural trade
Corporate finance and management
Department of Agriculture
Executive agency funding and structure
Foreign and international corporations
U.S. and foreign investments
SAFE Act of 2016
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2016
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 12, 2016
Introduced in Senate
Plain-English summary
Securing American Food Equity Act of 2016 or the SAFE Act of 2016
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.)
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1