SAFE Act of 2016
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 12, 2016)
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 just happenedJul 12, 2016
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJul 12, 2016
- Jul 12, 2016IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 12, 2016IntroReferral10000
Introduced in Senate