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Code · BILL · 119th Congress · H.R. 620 (Introduced in House) — To amend the Defense Production Act of 1950 to prevent harm and disruption to the United States agriculture industry... · Sec. 2

Sec. 2. United States agriculture included in Committee on Foreign Investment in the United States

306 words·~1 min read·/bill/119/hr/620/ih/section-2

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Section 721(k)(2) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(k)(2) ) is amended— by redesignating subparagraphs (H), (I), and
(J)as subparagraphs (I), (J), and (K), respectively; and by inserting after subparagraph
(G)the following: The Secretary of Agriculture. . Section 721(a)(4) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(a)(4) ) is amended— in subparagraph (A)— in clause (i), by striking ; and and inserting a semicolon; in clause (ii), by striking the period at the end and inserting ; and ; and by adding at the end the following: any transaction described in subparagraph (B)(vi) that is proposed, pending, or completed on or after the date of the enactment of the Foreign Adversary Risk Management Act . ; and in subparagraph (B), by adding at the end the following: Any transaction, merger, acquisition, transfer, agreement, takeover, or other arrangement that could result in foreign control of any United States business that is engaged in agriculture and uses agricultural products (as defined in the first section of the Act of July 2, 1926 (44 Stat. 802, chapter 725; 7 U.S.C. 451 )). . Section 721(a)(5) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(a)(5) ) is amended— by striking and inserting the following: critical infrastructure means critical infrastructure — means ; by striking the period at the end and inserting ; and ; and by adding at the end the following: includes, subject to regulations prescribed by the Committee, agricultural systems and supply chains. . Section 721(a)(6)(A) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(a)(6)(A) ) is amended by adding at the end the following: Agricultural supply chains used for agricultural products (as defined in the first section of the Act of July 2, 1926 (44 Stat. 802, chapter 725; 7 U.S.C. 451 )). .
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Sec. 2
United States agriculture included in Committee on Foreign Investment in the United States
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