,,ii #aai? ,,congress #a/ ,session ,s4 #ijc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #f1 #bjbe,mr4 ,r\nds 7= himself1 ,ms4 ,cortez ,ma/o1 ,ms4 ,lummis1 ,mr4 ,?une1 & ,mr4 ,hoev57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,def5se ,production ,act ( #aiej to require ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates to review & prohibit c]ta9 transactions relat+ to agriculture4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,promot+ ,agriculture ,safegu>ds & ,security ,act or ! ,,pass ,act4 #b4 ,review & prohibitions by ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates ( c]ta9 transactions relat+ to agriculture 7a7 ,9 g5]al ,section #gba ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe7 is am5d$-- 7#a7 9 subsection 7a71 by add+ at ! end ! foll[+3 7#ad7 ,agriculture ,! t]m agriculture has ! mean+ giv5 t t]m 9 section #c ( ! ,fair ,labor ,/&>ds ,act ( #aich 7#bi ,u4,s4,c4 #bjc74 2 7#b7 9 subsection 7b77#a71 by add+ at ! end ! foll[+3 7,i7 ,consid]ation ( c]ta9 agricultural l& transactions 7i7 ,9 g5]al ,n lat] ?an #cj days aft] receiv+ notification f ! ,secret>y ( ,agriculture ( a reportable agricultural l& transaction1 ! ,committee %all det]m9e-- 7,i7 :e!r ! transaction is a cov]$ transaction2 & 7,,ii7 if ! ,committee det]m9es t ! transaction is a cov]$ transaction1 :e!r to-- 7aa7 reque/ ! submission ( a notice "u clause 7i7 ( subp>agraph 7,c7 or a decl>ation "u clause 7v7 ( su* subp>agraph pursuant to ! process e/abli%$ "u subp>agraph 7,h72 or 7bb7 initiate a review pursuant to subp>agraph 7,d74 7ii7 ,reportable agricultural l& transaction def9$ ,9 ?is subp>agraph1 ! t]m reportable agricultural l& transaction means a transaction-- 7,i7 t ! ,secret>y ( ,agriculture has reason to believe is a cov]$ transaction2 7,,ii7 t involves ! acquisition ( an int]e/ 9 agricultural l& by a =eign p]son1 o!r ?an an except$ inve/or or an except$ real e/ate inve/or1 z su* t]ms are def9$ 9 regulations prescrib$ by ! ,committee2 & 7,,iii7 ) respect to :i* a p]son is requir$ to submit a report to ! ,secret>y ( ,agriculture "u section #b7;a7 ( ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #ceja7;a774 2 7#c7 9 subsection 7k77#b7-- 7,a7 by r$esignat+ subp>agraphs 7,h71 7,i71 & 7,j7 z subp>agraphs 7,i71 7,j71 & 7,k71 respectively2 & 7,b7 by ins]t+ aft] subp>agraph 7,g7 ! foll[+3 7,h7 ,! ,secret>y ( ,agriculture1 ) respect to any cov]$ transaction relat$ to ! pur*ase ( agricultural l& or agricultural biote*nology or o!rwise relat$ to ! agriculture indu/ry 9 ! ,unit$ ,/ates4 2 & 7#d7 by add+ at ! end ! foll[+3 7r7 ,prohibitions relat+ to pur*ases ( agricultural l& & agricultural bus9esses 7#a7 ,9 g5]al ,if ! ,committee1 9 conduct+ a review "u ?is section1 det]m9es t a transaction describ$ 9 clause 7i71 7ii71 or 7iv7 ( subsection 7a77#d77;,b7 w\ld result 9 ! pur*ase or lease by a cov]$ =eign p]son ( real e/ate describ$ 9 p>agraph 7#b7 or w\ld result 9 control by a cov]$ =eign p]son ( a ,unit$ ,/ates bus9ess engag$ 9 agriculture1 ! ,presid5t %all prohibit ! transaction unless a p>ty to ! transaction volunt>ily *ooses to ab&on ! transaction4 7#b7 ,real e/ate describ$ ,subject to regulations prescrib$ by ! ,committee1 real e/ate describ$ 9 ?is p>agraph is agricultural l& 7z def9$ 9 section #i ( ! ,agricultural ,=eign ,inve/m5t ,disclosure ,act ( #aigh 7#g ,u4,s4,c4 #cejh77 9 ! ,unit$ ,/ates t is 9 close proximity 7subject to subsection 7a77#d77;,c77ii77 to a ,unit$ ,/ates milit>y in/allation or ano!r facility or prop]ty ( ! ,unit$ ,/ates ,gov]nm5t t is-- 7,a7 s5sitive = reasons relat+ to national security = purposes ( subsection 7a77#d77;,b77ii77,,ii77bb72 & 7,b7 id5tifi$ 9 regulations prescrib$ by ! ,committee4 7#c7 ,waiv] ,! ,presid5t may waive1 on a case-by-case basis1 ! requirem5t to prohibit a transaction "u p>agraph 7#a7 aft] ! ,presid5t det]m9es & reports to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives t ! waiv] is 9 ! national int]e/ ( ! ,unit$ ,/ates4 7#d7 ,cov]$ =eign p]son def9$ 7,a7 ,9 g5]al ,9 ?is subsection1 subject to regulations prescrib$ by ! ,committee1 ! t]m cov]$ =eign p]son-- 7i7 means any =eign p]son 7includ+ a =eign entity7 t acts z an ag5t1 repres5tative1 or employee (1 or acts at ! direction or control (1 ! gov]nm5t ( a cov]$ c\ntry2 & 7ii7 does n include a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates4 7,b7 ,cov]$ c\ntry def9$ ,= purposes ( subp>agraph 7,a71 ! t]m cov]$ c\ntry means any ( ! foll[+ c\ntries1 if ! c\ntry is det]m9$ to be a =eign adv]s>y pursuant to section #gia4d ( title #ae1 ,code ( ,f$]al ,regulations 7or a successor regulation73 7i7 ,! ,p's ,republic ( ,*9a4 7ii7 ,! ,russian ,f$]ation4 7iii7 ,! ,islamic ,republic ( ,iran4 7iv7 ,! ,democratic ,p's ,republic ( ,korea4 4 7b7 ,sp5d+ plans ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 ea* dep>tm5t or ag5cy repres5t$ on ! ,committee on ,=eign ,inve/m5t 9 ! ,unit$ ,/ates %all submit to ! *airp]son ( ! ,committee a copy ( ! mo/ rec5t sp5d+ plan requir$ "u section #agba7;b7 ( ! ,=eign ,inve/m5t ,risk ,review ,mod]nization ,act ( #bjah 7#ej ,u4,s4,c4 #defe note74 7c7 ,regulations 7#a7 ,9 g5]al ,! ,presid5t %all direct1 subject to section #eec ( title #e1 ,unit$ ,/ates ,code1 ! issuance ( regulations to c>ry out ! am5dm5ts made by ?is section4 7#b7 ,effective date ,! regulations prescrib$ "u p>agraph 7#a7 %all take effect n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act4 7d7 ,effective date2 applicability ,! am5dm5ts made by ?is section %all-- 7#a7 take effect on ! date t is #cj days aft] ! effective date ( ! regulations "u subsection 7c77#b72 & 7#b7 apply ) respect to a cov]$ transaction 7z def9$ 9 section #gba ( ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #defe77 t is propos$1 p5d+1 or complet$ on or aft] ! date describ$ 9 p>agraph 7#a74