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.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill introduced
Lobbying filed by SMITHFIELD FOODS, INC.
Lobbying filed by SMITHFIELD FOODS, INC.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| HOLLAND & KNIGHT LLP | SMITHFIELD FOODS, INC. | $270.0K | Jul 15, 2025 | 2025Q2 | TRDAGRFIN |
| HOLLAND & KNIGHT LLP | SMITHFIELD FOODS, INC. | $270.0K | Apr 12, 2025 | 2025Q1 | TRDAGRFIN |
The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.