1. SUMMARY:
This bill, titled the "Agricultural Security Risk Review Act," aims to enhance the review process for foreign investments in the U.S. agriculture sector. Its primary purpose is to include the Secretary of Agriculture as a member of the Committee on Foreign Investment in the United States (CFIUS). Specifically, it proposes amending the Defense Production Act of 1950 to add the Secretary of Agriculture as a member of CFIUS, with particular responsibility for reviewing covered transactions involving the purchase of agricultural land, agriculture biotechnology, and other transactions related to the U.S. agriculture industry. This change would allow for greater scrutiny and consideration of potential national security implications associated with foreign investments in the critical agriculture sector.