WASHINGTON DC (KOLO) – U.S. Senator Catherine Cortez Masto is leading bipartisan legislation that would ban foreign adversaries of the United States from purchasing its farmland.
She and Senator Mike Rounds (R-SD) reintroduced the PASS Act, which would ban individuals and entities controlled by China, Russia, Iran and North Korea from buying farmland located near U.S. military installations or sensitive sites.
“Nevada is home to many sensitive sites that are critical to our national security,” said Senator Cortez Masto. “It is common sense that we should not allow our foreign adversaries to buy agricultural land next to these locations. This bipartisan bill will keep Nevadans safe and protect American national security.”
Their bill would also:
- Make the Secretary of Agriculture a voting member of the Committee on Foreign Investment in the United States (CFIUS) for transactions involving the purchase of agricultural land, biotechnology, and any other transaction related to the agriculture industry in the United States.
- Give the U.S. Department of Agriculture the ability to refer cases to CFIUS for review if there is reason to believe an agriculture land transaction may raise a national security concern.
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