S. 179 Introduced Foreign Trade and International Finance

FARM Act

A bill 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.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Tuberville, Tommy [R-AL] Introduced January 22, 2025 Cosponsors 14 (13 R, 1 D) Latest action January 22, 2025

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 analyze and report on foreign influence in the U.S. agricultural industry.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Jan 22, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jan 22, 2025 Introduced in Senate

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