Install
FARM Act
To amend the Defense Production Act of 1950 to prevent harm and disruption to the United States agriculture industry by protecting against foreign influence over agriculture production and supply chains, and for other purposes.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
Foreign Adversary Risk Management Act or the FARM Act
This bill places the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS). It also requires CFIUS to review any investment that could result in foreign control of any U.S. agricultural business.
Further, the bill includes agricultural systems and supply chains in the definitions of critical infrastructure and critical technologies for the purposes of reviewing such investments.
The Department of Agriculture and the Government Accountability Office must each annually analyze and report on foreign influence in the U.S. agricultural industry.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Feb 28, 2025 Referred to the Subcommittee on Nutrition and Foreign Agriculture.
- Jan 22, 2025 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Jan 22, 2025 Introduced in House
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