S 903 119th Congress Senate Agriculture and Food

PASS Act

Introduced: March 14, 2025 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 6, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 6, 2025

Introduced in Senate

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Plain-English summary Congressional Research Service

Promoting Agriculture Safeguards and Security Act or the PASS Act

This bill establishes requirements to address the national security risk to the U.S. agricultural sector.

Specifically, the bill prohibits foreign persons (i.e., individuals or entities) who are acting on behalf of China, Russia, Iran, or North Korea from engaging in certain transactions that would result in the person (1) purchasing or leasing U.S. agricultural land near a military installation or another facility or property that is sensitive for national security reasons, or (2) controlling a U.S. agricultural company. The prohibition does not apply if a party to the transaction voluntarily chooses to abandon the transaction. The President may waive this prohibition, on a case-by-case basis, if the waiver is in the national interest.

The bill also places the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS) with respect to transactions (1) related to the purchase of agricultural land or agricultural biotechnology, or (2) otherwise related to the U.S. agricultural industry. The bill also requires CFIUS to review certain transactions involving investments by foreign persons in U.S. agricultural land.

The President must direct the issuance of regulations to implement these changes. The regulations must take effect not later than one year after the bill's enactment.

Further, the prohibitions and requirements in this bill (1) take effect 30 days after the effective date of the regulations; and (2) apply to any covered transactions that are proposed, pending, or completed on or after the effective date.

What's happening now March 6, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Banking, Housing, and Urban Affairs Committee
Senate

Lobbying activity 5

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

HOLLAND & KNIGHT LLP
for SMITHFIELD FOODS, INC. · Virginia · 4th Quarter (Oct 1 - Dec 31) 2025
AMERICAN SOCIETY OF CATARACT & REFRACTIVE SURGERY
for AMERICAN SOCIETY OF CATARACT & REFRACTIVE SURGERY · Virginia · 4th Quarter (Oct 1 - Dec 31) 2025
HOLLAND & KNIGHT LLP
for SMITHFIELD FOODS, INC. · Virginia · 3rd Quarter (July 1 - Sep 30) 2025
HOLLAND & KNIGHT LLP
for SMITHFIELD FOODS, INC. · Virginia · 2nd Quarter (Apr 1 - June 30) 2025
HOLLAND & KNIGHT LLP
for SMITHFIELD FOODS, INC. · Virginia · 1st Quarter (Jan 1 - Mar 31) 2025